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Santa Monica Place faces challenges as two retailers close their doors, reflecting broader economic struggles in the city.
This isn’t the holiday discount Macerich had in mind. The 523,139-square-foot Santa Monica Place shopping mall in Santa Monica, Calif., saw a big drop in value at its latest appraisal, according to ...
The 527,000-square-foot mall at 395 Santa Monica Place was built in 1980 ... Despite its status as one of the largest owners and operators of shopping centers in the U.S., Macerich’s first-quarter ...
A struggling mall in Santa Monica is getting some new direction. Prism Places is now the property manager of Santa Monica Place, the 527K SF retail center that Macerich previously owned.
Locally-based shopping mall behemoth Macerich Co. has defaulted on the $300 million mortgage loan it has for the Santa Monica Place, ultimately returning it to the lender and bidding farewell to ...
and reopened three years later as an open-air mall. Macerich bought Santa Monica Place in October 1999 for $130 million, or $247 per square foot. The shopping center had two department store ...
The Promenade and Santa Monica Place mall next door have a combined total of more than 1 million square feet, he said, about twice as much as the Grove shopping center in Los Angeles. At its low ...
Prism Places said Thursday the court-appointed receiver for the Santa Monica open-air shopping center ... Trigild recently took over the mall after Macerich defaulted on its Wells Fargo loan ...
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Macerich Co. Walking Away From Santa Monica Place, Turning Shopping Center Over to LendersWhen Santa Monica Place opened its mall doors in 1980, it was one of the hottest spots to shop on Los Angeles' Westside. The enormous shopping center had two department store anchors, 120 shops ...
Once Santa’s Monica’s signature destination for shopping and dining, the Third Street Promenade is showing its age. Its decline has left the promenade’s landlords and city officials trying ...
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