A group led by developer Peter Pau has bought El Paseo de Saratoga, which despite its name is located in San Jose, is anchored by big-time names such as the AMC Saratoga 14 theaters, supermarket giant Lucky and sporting goods and outdoor gear giant REI, as well as smaller retailers such as Peet's Coffee, Jamba Juice, Ulta Beauty and Red Robin Gourmet Burgers and Brews.