Santa Monica Place
Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts
Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...
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...
Macerich Lands Flagship Zara and 142,000 SQFT Dick’s House of Sport at Los Cerritos Center
Macerich is rebuilding Los Cerritos Center around two anchors it says are already lifting traffic and rents, a second flagship Zara due in...
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...
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...
West Elm Santa Monica Property Lists for $28.2MM at Prime 4th Street Location
Newport Beach's Jakosky Properties markets fully-leased retail asset with Williams-Sonoma guarantee through 2031 A trophy retail property in one of Southern California's most...
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...
Santa Monica Development Site With 226-Unit Potential Marketed in Lender-Facilitated Sale
A 0.51-acre multifamily development site at 1543-1559 7th St. in Downtown Santa Monica has been listed for lender-facilitated sale. The property, known as...
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...
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...
Macerich Nearing Refinancing on $115MM Victorville Mall Loan As it Evaluates Assets Across Portfolio
Macerich, the Santa Monica-based real estate giant, is playing a high-stakes game of Jenga with its debt. As the third-largest shopping mall operator...
