La Cumbre Plaza
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 Under Contract to Sell 325,000 SQFT La Cumbre Plaza in Santa Barbara for Approximately $11MM
The pending disposition of the 31-acre outdoor shopping center comes as the City of Santa Barbara advances mixed-use redevelopment plans for the anchor...
Macerich Sheds Nearly $500MM in Southern California Retail Assets as Path Forward Plan Reshapes Portfolio
The REIT completed dispositions including Lakewood Center and The Oaks while its go-forward centers posted stronger tenant sales and positive re-leasing spreads across...
680-Unit Mixed-Use Development Proposed at Former Macy’s Site in Santa Barbara
In a significant transformation for Santa Barbara’s retail landscape, MCP Santa Barbara has filed a formal planning application for “The Neighborhood at State...
San Roque Plaza, 42,700 SQFT Retail Portfolio in Santa Barbara, Listed for $22.65MM
San Roque Plaza, a multi-tenant retail portfolio in Santa Barbara, has been listed for sale at $22.65 million, equating to approximately $530 per...
