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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...

Skyline of Los Angeles with palm trees in the foreground
AECFinanceIndustry NewsLos AngelesRetail

Harridge Development Group Secures $135MM Schroders Loan for Baldwin Hills Crenshaw Plaza in Los Angeles

Harridge Development Group has secured a $135 million loan from Schroders for Baldwin Hills Crenshaw Plaza, the 870,000-square-foot Los Angeles retail property the...

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...

janko-ferlic-oLctpwsuYBg-unsplash-shopping
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...

shopper buying something with a phone
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...

janko-ferlic-oLctpwsuYBg-unsplash-shopping
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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