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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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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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