Description
OFFERS DUE OCTOBER 16, 2026.
Tours available Wednesday, October 14, 10:00 a.m. to 2:00 p.m. To schedule a tour, please contact James Kaye at +1 408 453 7419 or james.kaye@cbre.com
SALE IS SUBJECT TO BANKRUPTCY COURT APPROVAL AND OVERBID. EMAIL LISTING BROKERS FOR ADDITIONAL INFORMATION & BID PROCEDURES.
CBRE and KW Commercial are proud to offer the opportunity to acquire Blackhawk Plaza, an open air lifestyle center in Danville, California.
This distinctive development enjoyed substantial success pre-Covid and is now being marketed under the auspices of the United States Bankruptcy Court for the Central District of California. An opportunistic acquisition of this once-iconic asset will allow a prospective purchaser to undertake a re-leasing and repositioning strategy in the middle of high income, supply-constrained Danville, California.
Please note that the sale is subject to Bankruptcy Court approval and overbid. Please email the listing brokers for additional information regarding the sale process.
Blackhawk Plaza was one of the Bay Area’s most ambitious upscale retail developments. Opened in 1989 as part of the master-planned Blackhawk community, the center combined luxury shopping, resort-style landscaping, and cultural attractions in a setting unlike any other East Bay shopping center.
While retailers came and went over the decades, Blackhawk Plaza ultimately found its identity not as a traditional shopping mall, but as a destination centered on dining, entertainment, and cultural attractions.
Tenants in place represent a broad spectrum of service-oriented uses and many have demonstrated remarkable resilience in the face of the center’s post-Covid decline. The complex presently consists of 53 units of which 32 are rented, representing 45% of the Subject’s existing square footage. Access to a Virtual Deal Room containing significant source documents compiled with this sale in mind, including a CBRE MAI appraisal from May of 2026, is available upon request.
The center is located at the northeast quadrant of Blackhawk Road and Camino Tassajara in the southern portion of the unincorporated community of Blackhawk, California just east of Interstate 680 and just north of Interstate 580.
