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12/26/25
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San Francisco-based Blox Ventures has acquired a full city block comprising approximately 200k sf of restaurants, a movie theater, neighborhood retail, and office space in the heart of Downtown Redwood City for $46 mil.
The property, which includes 830–890 Jefferson Ave, 801–885 Middlefield Rd, and 2107–2125 Broadway, represents a central component of one of the Peninsula’s most active dining and entertainment districts. The acquisition continues Blox Ventures’ strategic focus on investing in dynamic, well-located communities with strong long-term growth potential.
Built in 2006 and located adjacent to the Redwood City Caltrain station, the property is anchored by a broad variety of neighborhood-serving retail. Blox Ventures will now enhance landscaping for outdoor dining and gathering areas, including a playground that draws families to socialize while children play nearby. Improving these elements will further support a timeless, family-oriented community environment.
While located within one of the Peninsula’s most active dining, entertainment, employment, and residential areas, the property is also surrounded by major employers, including Box, the Chan Zuckerberg Initiative, and McKinsey. This benefit of an accessible lifestyle with work/play balance aligns with Blox Ventures’ focus on supporting healthy living and long-term vitality.
Past Blox Ventures investments include a three-building research and development and office campus in Mountain View; the Emeryville Public Market; 2100 El Camino Real and 530 Lytton Avenue in Palo Alto; 2100 Sand Hill Road in Menlo Park; and 100 Mayfield Avenue—now known as The Rails, home to Google’s Waymo autonomous vehicle campus and Google X.
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