malls


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(LoopNet, Burbank Town Center, Atlas Capital Group, Seritage Growth Properties, MapQuest, Travel Guides)

Here are LA’s top retail sales for 2021

Investors were a bit more confident in retail real estate in 2021, as pandemic restrictions started to ease for brick-and-mortar stores and visions turned to redevelopment plans that include housing. The priciest retail sale...

Here are LA’s top retail sales for 2021
What 3 big mall bankruptcies say about the state of retail
New York

What 3 big mall bankruptcies say about the state of retail

In “Mallrats” — the quintessential movie about ’90s mall culture — a character is driven mad trying to find...

What 3 big mall bankruptcies say about the state of retail
Onni pays $136M in Burbank retail play

Onni pays $136M in Burbank retail play

Onni Group has picked up a 1.2 million-square-foot mall in Burbank for $136 million — one of the priciest deals this year. The Toronto-based investor and developer purchased Burbank Town Center at 201 East...

Onni pays $136M in Burbank retail play
Barry Sterlincht of Starwood Capital Group (Getty, iStock)
National

Starwood bailing on the mall business

Barry Sternlicht’s Starwood Capital Group is moving away from its mall portfolio as values on the properties continue to plunge. The investment firm has been selling off shopping centers at a loss across the...

Starwood bailing on the mall business
The bill would allow developers to build homes on commercial sites. (Getty)

California wants to convert empty malls into housing

California lawmakers are looking to turn abandoned retail and shopping malls into new housing, in a creative effort to...

California wants to convert empty malls into housing
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