The former Westminster Mall is headed for new life as a mixed-use development from Shopoff Realty Investments. Bolsa Pacific, the planned replacement for the shopping center that closed last fall, will rise... Read more »
Another Orange County retail property has sold in the latest such transaction in Southern California. Asana Partners acquired the Seacliff Village retail plaza in Huntington Beach for $151 million, Commercial Observer reported.... Read more »
After serving for decades as a community hub and popular shopping center, the Westminster Mall in Orange County is getting ready to close its doors. Most of the shops in the mall... Read more »
Fancy grocer Erewhon will return to Pacific Palisades in an entirely rebuilt store, as the neighborhood’s luxury mall, owned by developer Rick Caruso, undergoes renovations for a reopening next August. Palisades Village... Read more »
The latest Brookfield-tied property to hit the market in the Financial District of downtown Los Angeles is not a distressed office tower, but still looks to be a bargain compared to some... Read more »
A sale of Washington Prime Group’s struggling Westminster Mall is expected to move forward. The deal could close in the next 45 to 60 days, according to an update from Morningstar Credit... Read more »
Washington Prime Group is on the brink of defaulting on an $85 million loan tied to a mall in Orange County. The loan on the 1.2 million-square-foot Westminster Mall, located in the... Read more »
The U.S. Department of Housing and Urban Development (HUD) on Monday announced that it would be bringing its Innovative Housing Showcase back to the National Mall in Washington, D.C., this June. The... Read more »
Unibail-Rodamco-Westfield, the owner of 16 retail centers across the U.S., told investors that it has agreed to sell San Jose’s Westfield Oakridge Mall to an undisclosed buyer, reported the Silicon Valley Business... Read more »
Some mall owners might struggle with retail tenants filing for bankruptcy, exiting spaces and refinancing debt. But, apparently not Macerich. Macerich reeled in $62.2 million in net income during the last three... Read more »