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Long Beach waterfront icon sells in one of LA’s priciest retail deals

Redwood West, Panattoni plan upgrades for The Pike
The Pike, complete with a faux roller coaster and a real Ferris wheel, encompasses 14 buildings in downtown Long Beach. (CoStar)
The Pike, complete with a faux roller coaster and a real Ferris wheel, encompasses 14 buildings in downtown Long Beach. (CoStar)

One of the biggest shopping centers in Long Beach, California, has sold to a pair of investors bullish on retail sites that function as attractions first and shopping destinations second.

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