LA real estate
fromtherealdeal.com
2 days agoRent drama at City Market LA
City Market of Los Angeles sued a tenant for about $340,000 in unpaid rent amid ongoing redevelopment and related ownership and leasing disputes.
Most of the shops in the mall will shut down on Oct. 29 when leases expire, according to Westminster City Manager Christine Cordon. The City Council approved a redevelopment plan in 2022 to turn the mall into a mixed-use site for housing, leisure and retail. The 100-acre property, situated on the south side of the 405 Freeway, could soon offer 3,000 housing units and at least 600,000 square feet of upscale retail space.