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LA Retail

Kari Hamanaka

Why these retail players are betting on malls for LA millennials with money

Isabella Farr

NewMark Merrill Pays $28M on Thousand Oaks Department Store

NewMark Merrill pays $28M for former Sears store in Thousand Oaks

Carolwood Sells Beverly Hills Strip Mall for 70% Profit

Carolwood flips Beverly Hills strip mall for 70% profit in five months

Westfield to Close $925M Loan for Century City Mall

Westfield Century City close to securing $925M refinancing

Brookfield's Brian Kingston and 735 South Figueroa Street in L.A.

Brookfield secures three-year refi for Figat7th retail center in DTLA

Andrew Asch

A photo illustration of Alpine Village (Getty, Alpine Village, Twitter/Alpine Village)

Alpine Village near Torrance sells for $43M

Target's Brian Cornell and Grubb Properties' Clay Grubb with 1000 South Vermont Avenue (Target, Clay Grubb, Google Maps)

Target to open store at multifamily development in Koreatown

Mega Bank Chairman Chang Chao Shun and Westfield Santa Anita at 400 South Baldwin Avenue (Google Maps, Mega Bank)

Chang scores $352M loan on Westfield Santa Anita

Unibail Rodamco Westfield CEO Jean-Marie Tritant and Westfield Santa Anita at 400 South Baldwin Avenue (Unibail Rodamco, Getty Images, Google Maps)

Wen Shan Chang is buyer of Westfield Santa Anita

Trevor Bach

Corinne Verdery, a rendering of 333 La Cienega, and Rick Caruso (Getty Images, Caruso Affiliated)

Meet Rick Caruso’s successor-in-waiting: Corinne Verdery

UBS Realty'sMatt Johnson (left) and Rod Chu (right) Shoe Palace's George Mersho (middle) (UBS, LinkedIn, Getty)

UBS sells Montebello shopping center for $84M

Merlone Geier’s Peter Merlone and Brad Geier with 38003 47th Street East (Merlone Geier, LoopNet)

Merlone Geier sells second Palmdale mall in a month

Sterling's Brian Kosoy and Plaza Mexico (Sterling Organization, iStock)

Sterling Organization buys Plaza Mexico at auction

From left: Centennial Real Estate CEO Steven Levin, USAA Real Estate CEO Len O'Donnell, and Montgomery Street Partners co-founders Murray McCabe and Max Lamont in front of a rendering of the planned redevelopment at MainPlace mall in Santa Ana (Centennial, USAA, Montgomery Street Partners, MainPlace)

$141M loan on Centennial’s OC mall heads to special servicing

Rockwood Capital's Tyson Skillings and 64 Colorado Boulevard (Rockwood Capital, LoopNet)

Price of retail deal on Pasadena’s Colorado Boulevard nears pre-pandemic mark

Merlone Geier's Peter Merlone and Tabani's Zaffar Tabani with 39340 10th Street West (Merlone Geier Partners, LinkedIn, Google Maps, iStock)

Palmdale mall fetches $57M from Texas investor

Macerich's Thomas O’Hern, Carson Mayor Lula Davis-Holmes and Simon's David Simon with rendering of Los Angeles Premium Outlets (City of Carson, Macerich)

Simon Property, Macerich to restart work on 400K sf outlet in Carson

eBay's Jamie Iannone with 455 North Fairfax Avenue (eBay, Google Maps)