transwestern.com FIVE POINTS SHOPPI NG C E N T E R Capital Markets REDWOOD CITY, CA Transwestern represented the owner in the sale of 1906-1950 El Camino Real in Redwood City. Despite being ideally situated, the sale of the 37,399- square-foot center faced challenges due to underperforming property management, a struggling anchor tenant in Bed, Bath & Beyond and sudden rapid changes in market conditions due to COVID-19. Transwestern’s first goal in the sale was to secure the anchor tenant. Through concentrated discussions, the team demonstrated to Bed, Bath & Beyond the value of a continued presence in Redwood City, leading to a strong lease renewal. Next, Transwestern addressed deferred maintenance from the previous management team, which had led to issues with the

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