August 22, 2025|Brannon Boswell, Mark Heschmeyer
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
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.