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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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