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Wealthy Coastal City Near Los Angeles Posts Rare Retail Center Sale

Deal for Malibu Center Among Region’s Priciest of Past Year
A Tesla showroom is among retail tenants at The Park at Cross Creek that recently changed hands in an $80 million deal in Malibu, California. (CoStar)
A Tesla showroom is among retail tenants at The Park at Cross Creek that recently changed hands in an $80 million deal in Malibu, California. (CoStar)
CoStar News
July 2, 2024 | 6:54 P.M.

A shopping center sale in one of California's most affluent beach cities is among the past year's largest by total price for the Los Angeles region where many customers are entertainment celebrities.

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