Macerich bags SoCal malls

Properties total more than 1 million square feet
Published on Jul 26, 2004

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by CareyBot

The Macerich Co. acquired two shopping malls in Southern California totaling 1 million square feet. The combined total purchase price for both properties was $151.3 million. La Cumbre Plaza in Santa Barbara is a 494,00-square-foot Mediterranean-themed, open-air regional mall anchored ...