After more than a year of trying to sell the property, CVS successfully offloaded a shuttered San Jose store.

The property, at 5407 Camden Ave., sat vacant since the CVS store’s shutdown in 2023.

An affiliate of the company sold the property for $9.25 million, according to records filed with the Santa Clara County Clerk Recorder’s Office Jan. 13. The buyer was listed as 5407 Camden Ave. LLC in county records.

CVS had a 15-year run in the South San Jose site. It bought the roughly 25,000-square-foot building from Longs Drugs in 2008.

The store, which served as an anchor for the Avanti Shopping Center, was closed as part of CVS’s major retail footprint realignment. The retail pharmacy said it closed 900 stores between 2022 and 2024 — roughly 300 each year. CVS’s stated goal was to reduce store density and optimize its existing stores and pharmacies.

In recent years, drugstore chains have seen a spike in closures across the country.

“Store closure decisions are based on several factors, including population shifts, consumer buying patterns, store and pharmacy density, pharmacy care access, and community health needs,” CVS said in a statement. “We’re focused on ensuring we have the right kinds of stores and the right number of stores in the right locations.”

CVS operates 25 sites in San Jose, with another one roughly two miles from the recently sold site. The 5407 Camden Ave. property is also less than a mile from another major drugstore chain, Walgreens.

Alongside CVS’s 900 closures, the company said it opened 100 stores over that same three-year time span and plans to open 30 new CVS Pharmacy locations, including sites within Target stores, in 2025.

Time magazine’s CEO of the year keeps busy by running chipmaker Advanced Micro Devices Inc. from Austin, Texas.

AMD chief Lisa Su is in the global spotlight once again for building up a corporate powerhouse at a critical time in the industry.

AMD “really is one of the great turnaround stories of modern American business history,” Chris Miller, a semiconductor industry historian, tells Time. The article chronicled AMD’s longtime battle with rival Intel and the new threats brought by Nvidia, which has suddenly dominated the critical AI chip space.

Time delved into Su’s business habits, pointing out that the 55-year-old CEO “holds meetings on weekends and is known among her executives for wanting to talk on morning calls about the finer points of long documents that were circulated after midnight. When prototype chips get delivered from the factory, she often personally goes down to the lab to help scrutinize them.”

Before taking the reins of AMD, she was chief technology officer at Austin company Freescale Semiconductor Inc., as well as an engineer for IBM. She has been one of Fortune’s top business people every year since 2020 and was appointed to President Joe Biden’s council of advisers on science and technology in 2021. Among her many board roles, she is on the board of directors for the Semiconductor Industry Association.

When Su became CEO about a decade ago, AMD (Nasdaq: AMD) stock was a paltry $3 per share. Today, it’s closer to $130.

Su was recently named by the ABJ as one of Central Texas’ power players.