Arc Capital Partners, Milan Capital Management acquire premier super-regional retail center in San Jose

Arc Capital Partners, in partnership with Milan Capital Management, has announced the acquisition of The Plant, a premier super-regional retail center located in a vibrant neighborhood in San Jose.

The Plant, encompassing 367,000 square feet of retail space, offers a mix of tenants including Best Buy, Ulta Beauty and Ross Dress for Less and is shadow-anchored by Target and Home Depot. The center is situated in proximity to Silicon Valley employers such as Adobe Systems, Cisco Systems, PayPal and San Jose State University.

“We are excited to join forces with Milan to acquire The Plant, a property that is deeply embedded in a thriving community,” said Neville Rhone, co-founder at Arc. “The combination of a diverse tenant mix, prime location and proximity to leading employers in the region positions The Plant for sustained success and continued growth.”