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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 ...
If one of your favorite pastimes is shopping, then you'll want to check out Santa Monica Place. Situated next to the Third Street Promenade, another shopping mecca, this modern outdoor mall is ...
Two more retailers announced closures at the troubled Santa Monica Place shopping center this week, underscoring the ongoing challenges facing the 527,000-square-foot property as new management ...
Macerich bought Santa Monica Place in October 1999 for $130 million, or $247 per square foot. The shopping center had two department store anchors, 120 shops and top-deck dining, with sweeping ...
Santa Monica Place opened in 1980 at the south end of the Third Street Promenade, an open-air shopping and dining complex that had for years drawn tourists and visitors from throughout the Greater ...
The REIT’s default on Santa Monica Place is just another symptom of its post-COVID recovery woes. Despite its status as one of the largest owners and operators of shopping centers in the U.S., ...
Santa Monica Place has faced challenges ... said Thursday the court-appointed receiver for the Santa Monica open-air shopping center, Trigild, named Prism Places to manage the 527,000-square ...
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 ...
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