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FinanceIndustry NewsInland EmpireLos AngelesRetail

Macerich Cuts Q3 Loss to $16.7MM as $463.4MM Los Cerritos Loan Becomes Its Next Southern California Test

Macerich narrowed its third-quarter loss to $16.7 million on asset-sale gains and rising mall income, while its shrinking Southern California footprint, now led...

erik-mclean-nfoRa6NHTbU-unsplash-mall
FinanceIndustry NewsLos AngelesRetail

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...

Aerial view of an open retail center in the suburbs.
FinanceIndustry NewsLos AngelesRetail

Dollinger Properties Pays $37MM for 97,000 SQFT Burlington, 24 Hour Fitness Block at Lakewood Center, 27% Below Ask

Redwood City-based Dollinger Properties has bought the Burlington, 24 Hour Fitness and Bank of America block at Lakewood Center from the Pacific Retail...

outdoor shopping center
FinanceIndustry NewsLos AngelesRetail

Pacific Retail Venture Puts Five Lakewood Center Pads on the Block for $67.6MM, Cuts Prices on Two Ahead of Nov. 6 Bids

Five retail parcels on the edge of Lakewood Center are now being marketed together for a combined $67.6 million, with buyers invited to...

Instagram page of a storefront
FeaturedIndustry NewsLos AngelesRetail

From Plaza West Covina to Santana Row, Landlords Turn Instagram Into a Placemaking and Leasing Tool

Pacific Retail Capital Partners, operator of Plaza West Covina, is among four owners profiled by ICSC that are building Instagram strategies around each...

For sale sign
FinanceIndustry NewsLos AngelesRetail

The Shops @ Lakewood Center, a 96% Occupied 38,000 SQFT Strip in Lakewood, Hits Market for $30.9MM

A 96 percent-occupied strip of sandwich shops, dental offices and service tenants on Lakewood Center's Candlewood Street frontage has come to market at...

couple shopping at a mall
FinanceIndustry NewsLos AngelesRetail

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...

restaurant tables set up
FinanceIndustry NewsLos AngelesRetail

Curbline Properties Pays $46MM for 42,000 SQFT Candlewood Shops Pad Portfolio at Lakewood Center

Curbline Properties has picked up Candlewood Shops, a 42,380-square-foot cluster of national restaurant and service pads beside Lakewood Center, from Pacific Retail Capital...

retail shopping graphic
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...

Retail strip center
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...

Clothes hanging on hanger
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...

iStock-1675579652-shopping
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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