restaurant and shopping center<\/a> is at 19379 Stevens Creek Blvd. and 19540 Vallco Parkway.<\/p>\nThe buying group also obtained a $91.4 million loan from Equitable Life Insurance Co. of America to finance its purchase of Main Street Cupertino, county documents show.<\/p>\n
The retail center totals roughly 131,000 square feet, according to Pau. He declined to discuss the transaction in detail. The property is less than a mile from Apple\u2019s circular headquarters complex.<\/p>\n
In December 2025, a Pau-led group sold two office buildings that are next to the just-purchased Main Street Cupertino retail center.<\/p>\n
Apple paid $216 million for the two office buildings, which are at 19319 and 19339 Stevens Creek Blvd. in Cupertino.<\/p>\n
The just-completed Main Street Cupertino deal hints at rising values for the retail center, a review of Santa Clara County records indicates.<\/p>\n
The purchase price for the retail hub was 3.9% higher than the site\u2019s assessed value as of January 2026. Assessed values are just one metric to measure a property\u2019s worth.<\/p>\n
The increase in Main Street Cupertino\u2019s value suggests the property might achieve a higher assessed valuation in the future.<\/p>\n
This has implications for local government agencies and the services they provide. Property taxes produce a crucial revenue stream for cities, counties, regional agencies, and school districts.<\/p>\n
Main Street Cupertino is in one of Silicon Valley\u2019s key tech hubs, a city that\u2019s dotted with many office buildings occupied by tech titan Apple.<\/p>\n
Cupertino\u2019s status as a tech magnet appears to make it the type of location that entices Roxborough Group, as suggested by information the company has posted.<\/p>\n
\u201cRoxborough targets dynamic submarkets fueled by sustainable economic growth and outsized demand drivers,\u201d the real estate firm states on its website.<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"CUPERTINO \u2014 A Cupertino dining and retail hub near Apple\u2019s landmark headquarters complex has been bought for $100…\n","protected":false},"author":2,"featured_media":415213,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[184,387,7,8,3010,186,1335,383,181,23,100,388,412,1969,5347,88,90,89,198,200],"class_list":["post-415212","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-jose","tag-bay-area","tag-business","tag-california","tag-california-news","tag-commercial-real-estate","tag-cupertino","tag-development","tag-economy","tag-latest-headlines","tag-local-news","tag-news","tag-real-estate","tag-restaurants","tag-retail","tag-retail-development","tag-san-jose","tag-san-jose-headlines","tag-san-jose-news","tag-santa-clara-county","tag-south-bay"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/415212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=415212"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/415212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/415213"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=415212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=415212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=415212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}