Los Gatos auto dealership properties are bought by busy developer

LOS GATOS — Two Los Gatos sites where luxury and upscale auto dealerships now operate have been bought by a busy real estate firm with a penchant for redeveloping properties in prime locations.

Sand Hill Property, acting through an affiliate, paid a combined $25.4 million for the two properties, which are near the corner of Los Gatos Boulevard and Blossom Hill Road in Los Gatos, documents filed on May 19 with the Santa Clara County Recorder’s Office show.

The two Los Gatos sites are currently occupied by Los Gatos Acura and Los Gatos Luxury Cars. Los Gatos Luxury’s brands include Rolls-Royce, Aston Martin, Bentley and Lamborghini vehicles.

Sand Hill Property

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