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Redwood City's Fox Theatre sold to Atherton businessman

Original post made on Feb 28, 2017

Peter Pau of Atherton, principal and founder of Menlo Park's Sand Hill Properties, has purchased Redwood City's Fox Theatre, but the former owners say they will continue to operate the theater for at least four more years.

Read the full story here Web Link posted Tuesday, February 28, 2017, 11:47 AM

Comments (3)

Posted by Too Big To Fail
a resident of Menlo Park: Downtown
on Feb 28, 2017 at 4:38 pm

This is the same Sand Hill Properties that bought half of Downtown Sunnyvale, demolished Town And Country Village, then proceeded to build a TOD development. The development was only partially completed when the Great Recession hit and went into receivership. The retail and business portions still have vacancies.

Posted by Too Big To Fail
a resident of another community
on Feb 28, 2017 at 4:48 pm

Everyone should read the following history:

Web Link

And it does appear that we are on the verge of completing another business cycle. Real estate markets are softening.

Posted by @Too Big To Fail
a resident of another community
on Feb 28, 2017 at 5:34 pm

Let's not forget the other boondoggle that Sand Hill Properties tried to foist upon the public:

Web Link

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