Trackside Center Project In Davis Sold To Bay Area Owners, Won’t Proceed For Now

There’s a new owner for a proposed project in downtown Davis that’s been in the works for eight years, but it’ll likely be a few more before it moves forward.

A group of trusts from the East Bay, including Pathak Trust and Sharmda Sampda Trust, bought both the site and entitlements for Trackside Center, planned for 901-919 Third St. in Davis.

“The plan as far as I know is to take it as a retail value-add investment,” said Scott Kingston, one of three Turton Commercial Real Estate brokers on the deal. “We’ve already got three potential tenants.”

Messages left this week for the new owners weren’t returned. The new owners paid $2 million for the property, which currently has two single-story retail buildings with 11,825 square feet of space.