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FinanceIndustry NewsLos AngelesRetail

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...

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CommercialFinanceIndustry NewsLos AngelesRetail

Pacific Retail Venture Lists 15,000 SQFT Red Lobster, Verizon & Vitamin Shoppe Strip at Lakewood Center for $16MM

CBRE has begun marketing a fully leased, 14,600-square-foot retail strip anchored by Red Lobster, Verizon and The Vitamin Shoppe inside Lakewood Center, less...

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FinanceIndustry NewsLos AngelesRetail

Pacific Retail JV Negotiates Workout as $309MM Loan on 2MM SQFT Lakewood Center Reaches June Maturity

Less than a year after acquiring Lakewood Center from Macerich for $332.1 million, the joint venture of Pacific Retail Capital Partners, Lyon Living...

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FeaturedFinanceIndustry NewsLos AngelesRetail

Red Mountain Group Lists Savers-Anchored Lakewood Retail Property for $11.76MM

The 29,039-SQFT single-tenant building on Lakewood Boulevard hits the market with more than seven years of firm term from publicly traded thrift operator...

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FeaturedFinanceIndustry NewsInland EmpireLeasingLos AngelesOrange CountyRetailSan Diego

Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers

The Santa Monica REIT's Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...

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FeaturedFinanceIndustry NewsLos AngelesRetail

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...

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FinanceIndustry NewsLos AngelesRetail

97,000 SQFT Burlington, Bank of America & 24 Hour Fitness Anchored Retail Offering at Lakewood Center Listed for $50.69MM

The offering at California's most-visited retail destination represents approximately $521 per square foot and comes months after a joint venture acquired the broader...

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FeaturedFinanceIndustry NewsLos AngelesRetail

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...

shopper buying something with a phone
FeaturedFinanceIndustry NewsLos AngelesRetail

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...

Shopping center in Southern California
FeaturedFinanceIndustry NewsLos AngelesRetail

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...

shopper buying something with a phone
FinanceIndustry NewsLos AngelesRetail

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...

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FinanceIndustry NewsLos AngelesNews ReleasesRetail

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...

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