Pacific Retail Capital Partners (PRCP) has added a new SoCal mall to its portfolio.

The retail real estate operator, along with its partners Lyon Living and Silverpeak, have announced the acquisition of Lakewood Center in Lakewood, Calif., a southern suburb of Los Angeles. The 2 million-sq.-ft. shopping center’s roster of tenants includes major retailers such as Macy’s, Target, Costco, Home Depot and JCPenney, along with a host of food and beverage offerings.

“Lakewood Center is more than a shopping destination – it’s a landmark of postwar American development, a cornerstone of the Lakewood community, and a symbol of how retail can evolve alongside the people it serves,” said PRCP CEO Steve Plenge. “Since opening in 1950, the property has adapted to the cultural, economic, and demographi

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