Torrance shopping center sells for record price on strong demand for humble neighborhood locations
Village Del Amo in Torrance sold for $108.5 million as investors target grocery-anchored, e-commerce-proof neighborhood shopping centers serving everyday needs.
Neiman Marcus parent sells its Beverly Hills property
Neiman Marcus sold its Beverly Hills flagship property to Ashkenazy Acquisition Corp., remaining as a long-term tenant while Saks Global raises cash to pay debts.
After sale, the Watertown Mall will live to see another day
National Development bought the Watertown Mall and will operate and upgrade it as a first-class retail center, shelving prior plans to build life-science labs.