JCPenney
Macerich Filing Shows Pacific Retail, Conversant Paid $69.7MM for 884,000 SQFT Pacific View Mall in Ventura by Assuming Its Loan
A Macerich securities filing shows the Pacific Retail Capital Partners and Conversant Capital venture paid $69.7 million for Ventura's Pacific View Mall, the...
Simon Shrinks Fashion Valley JCPenney Redevelopment to 410 Units, Pairs It With 244,000 SQFT of Open-Air Retail in San Diego
Simon Property Group has brought a smaller, retail-heavier plan for the JCPenney end of Fashion Valley back to Mission Valley's planning group, proposing...
Parcel Sales Pare Matured Loan on 2,074,000 SQFT Lakewood Center to $221MM as Pacific Retail Venture Works Out Debt
Pacific Retail Capital Partners' joint venture has used a string of parcel sales to shrink the matured CMBS loan on Lakewood Center to...
California Gold Development Buys Sprouts-Anchored 44,000 SQFT Victorville Retail Building for $9.3MM
Five bidders competed for a Sprouts-anchored building in Village Center next to Interstate 15, and the Sonora-based buyer won at $9.3 million, about...
Pacific Retail, Conversant Acquire 884,000 SQFT Pacific View Mall in Ventura From Macerich
The joint venture takes control of an 884,000-square-foot coastal mall that Macerich had classified as a keeper just seven months ago, marking the...
Public Records Show Shopoff Paid $144.2MM for Final Westminster Mall Parcel, Lifting Bolsa Pacific Assemblage to Roughly $290MM
Irvine-based developer's recorded grant deed values the 726,158-SQFT acquisition at $198.55 per square foot, capping a four-year land play as demolition begins on...
Altemus Company Lists 23,500 SQFT La-Z-Boy-Occupied Retail Property for $9.13MM in Torrance
The single-tenant retail property on Hawthorne Boulevard carries a new 10-year corporate lease extension and a 5.25 percent cap rate, pricing it well...
Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio
The Santa Monica-based mall operator's 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...
Macerich Bets $140MM NOI Lift on Anchor Overhaul and Gen Z-Driven Merchandising Strategy
The Santa Monica-based mall REIT is executing a two-year repositioning that has pushed leasing volume up 85 percent and committed replacements for all...
Lowe, Affinius and Centennial Break Ground on 408-Unit The Carina at MainPlace in Santa Ana
The second residential phase of the mall's mixed-use transformation will deliver apartments and a 1.25-acre Culinary District by late 2028. A development partnership...
Simon Property Group’s $300MM Brea Mall Overhaul Brings 16 New Tenants, 377 Apartments to North Orange County
The 74-acre regional mall is undergoing a comprehensive mixed-use transformation that replaces a vacant Sears wing with new retail, dining, fitness and luxury...
After 106 Years, Eddie Bauer’s Retail Exit Signals End of an Era for Mall-Based Outdoor Apparel
The Seattle outdoor brand's third bankruptcy in two decades exposes the fragility of mid-tier retail as Catalyst Brands shutters 200 stores while pivoting...
