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The 243,500-square-foot Shoppes at Westlake Village center is now 75 percent pre-leased, four months ahead of a ribbon-cutting.
The buyer of the Camarillo Plaza shopping center was a joint venture between Peter Cohen of Cardinal Equities LLC and a Beverly Hills-based family partnership.
Over the last three years, the new owners have gone through dozens of draft plans and contended with the demise of Simi Valley’s redevelopment agency. The developers have finally settled on a vision that will add a Studio Movie Grill as a second anchor tenant and build a new, centrally located parking lot.
The bankrupt Camarillo Plaza community shopping center has been sold to an undisclosed Beverly Hills buyer for $17.8 million after receiving 20 separate offers.
A West Hollywood-based shopping center developer has purchased The Centerpoint Mall in Oxnard for an estimated $27 million.
The new owners of the financially troubled Simi Valley Town Center shopping mall have gone through more than 50 drafts of plans to revitalize the property and are moving close to announcing their strategy. That was the word from Brian Gabler, Simi Valley’s director of economic development, who spoke at a Chamber of Commerce breakfast Read More →