Investors Snap Up 2 Downtown Los Gatos Retail Properties: Report

Los Gatos CA

16 December, 2020

6:48 PM

Description

LOS GATOS, CA — What recession? Despite uncertainty surrounding the economic recovery amid the pandemic, two investors purchased downtown Los Gatos retail properties located on the same block, The Mercury News reports. Kenneth Ryan Koch led an El Dorado Hills group that purchased the 2 N. Santa Cruz Blvd. for $14 million, and Devcon Construction, which is based in Milpitas, paid $11.2 million for the 26 N. Santa Cruz Blvd. according to the report. Read more in The Mercury News