Lakewood Center, a sprawling Los Angeles mall built in 1951 to bring commerce to the region’s growing suburbs, is about to be reimagined after its near-record sale.
Historic Los Angeles mall sells in one of region’s biggest deals, with ambitious overhaul plans
Macerich sells Lakewood Center for $322 million to team of redevelopment experts
CoStar News
August 22, 2025 | 11:52 P.M.
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IN THIS ARTICLE
- Properties
- Lakewood Center
1 Lakewood Center Mall, Lakewood, CA
- Companies
- Pacific Retail Capital Partners
Real Estate
- The Macerich Company
Real Estate
- Contacts
- Jackson Hsieh
President & Chief Executive Officer, The Macerich Company
- Steve Plenge
Managing Principal, Pacific Retail Capital Partners