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Shopping center in Southern California
CommercialFinanceIndustry NewsRetailSan Diego

Litwin Management Acquires 80,000 SQFT Poway Marketplace for $26.5MM

Litwin Management purchased the 79,853-square-foot Poway Marketplace from Fortress Investment Group and Prism Places for $26.5 million, the largest retail sale in San...

retail store with a shopper at the cash register
FeaturedFinanceIndustry NewsLeasingRetailSan Diego

San Diego Retail Vacancy Holds at 4.5% as Investment Values Climb 13% in Q2 2026

San Diego's retail market absorbed another quarter of soft tenant demand in the second quarter of 2026 without giving up ground on vacancy,...

Shopping center in Southern California
FinanceIndustry NewsInland EmpireRetail

Redwood West, Panattoni-Led Venture Acquires 1.2MM-SQFT Victoria Gardens in Rancho Cucamonga for $530MM

The deal marks one of the largest open-air retail transactions in Southern California in recent years and signals continued institutional appetite for high-performing...

SantaMonicaPlace_Center_Exterior
FinanceIndustry NewsLos AngelesRetail

Nordstrom to Shutter 122,000 SQFT Santa Monica Store Despite Strong Earnings

Closure adds to mounting challenges for struggling Santa Monica Place mall Department store giant Nordstrom will permanently close its Santa Monica location at...

SantaMonicaPlace_Center_Exterior
AECIndustry NewsLos AngelesNews ReleasesRetail

527,000 SQFT Santa Monica Place Gets New Management Following $300MM Default

CRE management firm is a veteran of SoCal Retail Trigild engages Prism with mandate to revive April 3, 2025 (LOS ANGELES) — Prism...

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