Lakewood Center
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...
Macerich Rides Leasing Surge in Southern California Mall Revival
The Santa Monica-based REIT is outpacing targets as luxury and digitally-native brands flock to its California properties The Macerich Company is experiencing what...
Macerich Posts $87MM Loss Amid Southern California Portfolio Challenges
The Santa Monica-based mall operator’s third-quarter deficit reflects ongoing struggles with debt refinancing and property transitions, even as key California assets show improved...
CenterCal, DRA Snap Up Long Beach Mall in $145MM Bet on Experiential Retail
As traditional shopping centers scramble to reinvent themselves, the joint venture is banking on grocery-anchored retail’s resilience CenterCal Properties and DRA Advisors are...
Pacific Retail, Lyon Living, and Silverpeak Purchase 2MM SQFT Lakewood Center from Macerich for $332.1MM
(EDITOR’S NOTE: The sale followed a strategic move by Macerich to acquire its joint venture partner’s 40 percent interest in the property in late...
