East Palo Alto, CA - July 25, 2008 - Patrick McGaughey and Sam Finne with Terranomics Retail Services, the retail arm of NAI BT Commercial, have successfully brokered the sale of a ±92,300 square foot retail building formerly occupied by EXPO Design Center at Ravenswood 101 shopping center in East Palo Alto. The building, which sits on a ±6.1 acre parcel, sold for an undisclosed price. 

McGaughey and Finne represented the seller, Home Depot, Atlanta , GA. The buyer was Regency Shopping Centers of Jacksonville, FL. , which plans for two new retail tenants to fill the former single-tenant space.  

The building's address is 1771 East Bayshore Road. Ravenswood 101 is situated at the SEC University Avenue and Highway 101. Co-tenants of the shopping center include Home Depot, IKEA, Best Buy, Office Depot and Circuit City. The site is also nearby University Circle, a Four Seasons Hotel and the new University Plaza project.