FREMONT — The site of a shuttered Kohl’s department store in Fremont has been bought by an East Coast group with ties to an H Mart executive and real estate firm.
With an assessed value of $26.1 million in 2025, the former Kohl’s at 43782 Christy St. was bought for just under $18.3 million in an all-cash deal, according to documents filed on Dec. 10 with the Alameda County Recorder’s Office.
Kohl’s closed the 98,000-square-foot store permanently in April. Along with several stores in California, Kohl’s also decided to close locations in Mountain View, Napa, Pleasanton, and San Rafael.
Lockehouse, a commercial real estate firm, represented the seller, an affiliate of Chicago-based Heitman Capital Management.
The entity that purchased the property lists Il Yeon Kwon as its organizing member, according to documents posted by the state government. He is also named as the chief executive officer of H Mart, which operates a chain of upscale Korean grocery stores.
In addition, one of the addresses for the affiliate that bought the property is the headquarters of Vornado Realty Trust, state business records show.
This news organization sought a comment or context from H Mart. In 2017, it opened a San Jose store that at the time was the supermarket chain’s first retail establishment in Northern California.
Related Posts:
- Group with ties to H Mart buys site of shuttered Kohl’s store in Fremont News FREMONT — The site of a shuttered Kohl’s department store in Fremont has been bought by an East Coast group with ties to an H Mart executive and real estate firm. With an assessed value of $26.1 million in 2025, the former Kohl’s at 43782 Christy St. was bought for…
- Luzzatto, eyeing partial conversion, buys Denver Energy Center for $5M News Asher Luzzatto just got the keys to two more downtown office towers. The developer from Taos, New Mexico, purchased the Denver Energy Center at 1625 and 1675 N. Broadway on Monday for $5.25 million, or $6.80 per square foot. The buildings, which are 28 and 29 stories, span 770,000 square…
- East Bay apartment deal is poised to preserve site’s affordable rents News PITTSBURG — A big East Bay apartment complex has been bought by a real estate investment firm in a deal that could help the residential property remain affordable for people with low or modest incomes. Related Articles Vision emerges for San Jose housing towers planned for parking lot San Jose…
- East Bay apartment deal is poised to preserve site’s affordable rents News PITTSBURG — A big East Bay apartment complex has been bought by a real estate investment firm in a deal that could help the residential property remain affordable for people with low or modest incomes. Related Articles Vision emerges for San Jose housing towers planned for parking lot San Jose…
- Boulder Jewish community lights menorah on site of Pearl Street attack News As the sun set Monday evening, dozens of members of Boulder’s Jewish community gathered on Pearl Street Mall for the annual lighting of the menorah, in the very place where members of the community were attacked in June. As they awaited the lighting, families gathered to talk, sang songs and…
(Visited 1 times, 1 visits today)