The List, Omissions and Reprints Are Available from Wright’S Media (877) 652-5295

JULY 30, 2018 LOS ANGELES BUSINESS JOURNAL 11

RETAIL CENTERS  NEXT WEEK LIST The Largest Telecommunications THE Ranked by gross leasable area Companies in L.A. County

Rank Retail Center Gross Profile Year Anchors Owner General Manager • name Leasable Area • stores Opened • name • name • address • square feet • parking spaces • headquarters • phone

Del Amo Fashion Center 2,371,068 240 1975 AMC 18 Theatres, Barnes & Noble, Burlington Coat Simon Property Group Elena Butorac 1 3525 Carson St. 11,453 Factory, Crate & Barrel, Dave & Buster's, Dick's Sporting Indianapolis (310) 542-8525 Torrance 90503 Goods, JCPenney, LA Fitness, Macy's, Marshalls, Nordstrom, Sears

Lakewood Center 2,166,115 285 1951 24 Hour Fitness, Albertsons, Bed Bath & Beyond, Best Macerich Co. Deena Henry 2 500 Lakewood Center Mall 8,329 Buy, Costco, Forever 21, JCPenney, Macy's, Nordstrom Santa Monica (562) 531-6707 Lakewood 90712 Rack, Target, The Home Depot

Westfield Topanga 2,109,018 263 1964 Costco, Crate & Barrel, Macy's, Neiman Marcus, Unibail-Rodamco- Molly Unger 3 6600 Topanga Canyon Blvd. 6,145 Nordstrom, Target Westfield (818) 594-8732 Canoga Park 91303 Paris

Westfield Santa Anita 1,473,182 233 1974 AMC Theatres, Dave & Buster's, Gold's Gym, JCPenney, Unibail-Rodamco- Ramon Oseguera 4 400 S. Baldwin Ave., Suite 231 6,199 Macy's, Nordstrom Westfield (626) 445-3116 Arcadia 91007 Paris

Northridge Fashion Center 1,464,284 205 1971 JCPenney, Macy's, Macy's Men/Home, Pacific Theatres General Growth Daniyel John 5 9301 Tampa Ave. 7,000 10Plex, Sears Properties Inc. (818) 885-9700 Northridge 91324 Chicago

Glendale Galleria 1,336,292 200 1976 Bloomingdale's, Dick's Sporting Goods, JCPenney, General Growth Brent Gardner 6 100 W. Broadway, Suite 100 6,200 Macy's, Target Properties Inc. (818) 246-6737 Glendale 91210 Chicago

Los Cerritos Center 1,300,000 180 1971 Forever 21, Macy's, Nordstrom, Sears Macerich Co. Ken Kraus 7 239 Los Cerritos Center 6,708 Santa Monica (562) 860-0341 Cerritos 90703

Westfield Century City 1,300,000 150 1964 AMC Theatres, Bloomingdale's, Gelson's Market, Macy's, Unibail-Rodamco- Louis Schillace 10250 Santa Monica Blvd. 3,180 Nordstrom Westfield (310) 553-5300 Los Angeles 90067 Paris

Burbank Town Center 1,234,971 165 1991 Ashley Furniture, Bed Bath & Beyond, Burlington Coat Capref Burbank Michael DeLeon 9 201 E. Magnolia Blvd. 5,720 Factory, Cost Plus World Market, Macy's, Sears Dallas (818) 566-8556 Burbank 91501

Puente Hills Mall 1,184,394 148 1974 24 Hour Fitness, AMC 20 Theatres, Burlington Coat Kam Sang Co. Inc. Ken Mason 10 1600 S. Azusa Ave. 6,539 Factory, Forever 21, Macy's, Ross Dress For Less, Round Arcadia (626) 912-8777 City of Industry 91748 1 Bowling/Amusement

Fallbrook Center 1,120,000 52 1964 AMC Fallbrook 7 Theatres, buybuy BABY, Kohl's, Party Retail Opportunity Francesca Busalacchi 11 6633 Fallbrook Ave. 5,300 City, Petco, Ralphs, Ross Dress For Less, Sprouts Investments Corp. (858) 255-4905 West Hills 91307 Farmers Market, T.J.Maxx, Target, The Home Depot, San Diego Trader Joe's, Walmart Antelope Valley Mall 1,100,000 130 1990 Cinemark Theatres, Dick's Sporting Goods, Dillard's, QIC Scott Cummings 12 1233 Rancho Vista Blvd. 5,500 Forever 21, JCPenney, Macy's, Sears Brisbane, Australia (661) 266-9150 Palmdale 93551

Westfield Valencia Town Center 1,096,838 212 1992 JCPenney, Macy's, Edwards Cinemas, Gold's Gym, Unibail-Rodamco- Corrine Barchanowicz 13 24201 W. Valencia Blvd. 4,312 Canyon Santa Clarita Westfield (661) 254-0213 Valencia 91355 Paris

Westfield Culver City 1,056,527 175 1975 Best Buy, JCPenney, Macy's, Nordstrom Rack, Target, Unibail-Rodamco- NA 14 6000 Sepulveda Blvd. 4,285 Trader Joe's Westfield (310) 390-7833 Culver City 90230 Paris Plaza West Covina 1,033,372 215 1975 Best Buy, JCPenney, Macy's, Nordstrom Rack, Sears, Starwood Capital Allison Mack 15 112 Plaza Drive 6,041 Forever 21 Group (626) 960-8032 West Covina 91790 Greenwich, Conn. SouthBay Pavilion 1,010,000 85 1973 Cinemark 13, Ikea, JCPenney, Target Vintage Real Estate Jesus Ceja 16 20700 Avalon Blvd. 4,500 Los Angeles (310) 366-6629 Carson 90746 Long Beach Towne Center 1,000,000 80 1998 Ashley Furniture, Barnes & Noble, Bob's Discount Vestar Development Nicole Fulton 17 7575 Carson Blvd. 4,456 Furniture, Edwards Cinemas, Lowe's, Michaels, PetSmart, Long Beach (562) 938-1722 Long Beach 90808 Ross Dress For Less, Sam's Club, Total Wine & More, Walmart South Bay Galleria 960,000 165 1985 Kohl's, Macy's, Wonder of Dinosaurs QIC Michael Sharobiem 18 1815 Hawthorne Blvd. 5,500 Brisbane, Australia (310) 371-7546 Redondo Beach 90278

typographical errors sometimes occur. Please send corrections or additions on company letterhead to the Research NA - Not Available Note: Information for this list provided by Directory of Major Malls/ShoppingCenters.com. Retail Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, Los Angeles 90036. ©2018 Los Angeles centers are ranked by total gross leasable square footage. To the best of our knowledge, this information is accurate as Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. of press time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and Reprints are available from Wright’s Media (877) 652-5295. Researched by Joshua Niv Continued on page 12

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RETAIL CENTERS Continued from page 11

Stonewood Center 935,000 160 1958 JCPenney, Kohl's, Macy's, Macy's Home Store, Sears Macerich Co. Benjamin Gonzalez 19 251 Stonewood St. 4,663 Santa Monica (562) 861-9233 Downey 90241

Eastland Center 911,095 50 1957 Albertsons, Ashley Furniture, Burlington Coat Factory, DDR Corp. Morgan Erickson 20 2753 E. Eastland Center Drive 3,734 Dick's Sporting Goods, DSW Shoe Warehouse, Hobby Beachwood, Ohio (562) 947-3226 West Covina 91791 Lobby, Marshalls, PetSmart, Pottery Barn, Ross Dress For Less, Target, Walmart Beverly Center 884,000 100 1982 Bloomingdale's, Macy's and Macy's Men's Store Taubman Co. Ralph Barnes 21 8500 Beverly Blvd. 3,000 Bloomfield Hills, Mich. (310) 854-0070 Los Angeles 90048 Baldwin Hills Crenshaw Plaza 870,000 143 1988 Albertsons, Macy's, Sears, T.J.Maxx Capri Retail Services Rachel Freeman 22 3650 W. Martin Luther King Blvd. 3,600 Chicago (323) 290-6636 Los Angeles 90008

Westfield Fashion Square 864,108 145 1962 Bloomingdale's, Macy's Unibail-Rodamco- Ian Carter 23 14006 Riverside Drive 3,856 Westfield (818) 501-1447 Sherman Oaks 91423 Paris

Whittwood Town Center 841,936 63 1955 24 Hour Fitness, CVS, JCPenney, Kohl's, Old Navy, Kimco Realty Corp. Mark Halbach 24 15608 Whittwood Lane 3,591 PetSmart, Sears, Target, Vons New Hyde Park, N.Y. (562) 947-3226 Whittier 90603

Destination 0 Eight 820,374 27 2003 Jo-Ann Fabric & Craft, Kohl's, Office Depot, Sam's Club, AC Warnack Trust Mark McGaughey 25 40010 10th St. West 3,650 Walmart Lancaster (661) 948-2664 Palmdale 93551

Retail: Shopping Centers Make Adjustments against competition from other nearby shopping 1,100 housing units by owners Crown Real- Continued from page 1 centers such as Santa Monica Place and Third ty & Development Inc. of Irvine and Capref Street Promenade in Santa Monica, which offer Manager, a Dallas-based real estate firm. want memorable experiences when they shop. outdoor communal experiences, such as music, Chicago-based developer Capri Capital The county’s largest 25 retail centers, ranked gathering places and public art programs. Partners is planning a $700 million redevelop- by the Business Journal by gross leasable area “(Westside Pavilion) always felt like every ment of Baldwin Hills Crenshaw Plaza, located – or the amount of floor space available to be other enclosed mall you ever went to,” said in the Crenshaw district of South Los Ange- rented in a commercial property – appear to face Sandy Sigal, chief executive of NewMark les and ranked at No. 22 on the list at 870,000 the same stark choice as their counterparts do Merrill Cos., a Woodland Hills-based shop- square feet of leaseable space. Its plan calls for elsewhere in the nation: Adapt or die. ping mall developer and manager. “Westfield the mall to be turned into a mixed-use develop- Compare two local retail centers: Westfield was smart enough to create more of a sense of a Del Amo Center: Owner replaced 71,000 ment with more than 900 new condominiums Century City, tied at No. 7 on the list with about place to hang out.” sf of shops with Dave & Buster’s. and apartments, a 400-room hotel, new offices, 1.3 million leaseable square feet, and the West- movie nights in the summer, Pilates classes and restaurants and an outdoor retail village. side Pavilion, a smaller mall which did not make Lifestyle centers other offerings. Taubman Co. of Bloomfield Hills, Mich., the Business Journal’s list. The shopping centers An increasing number of retail centers are Macerich-owned Santa Monica Place pro- owns Beverly Center, ranked No. 21 on the list. are less than two miles apart on the Westside of adding tenants such as gyms and medical offices vides an art series, yoga, an ArcLight Cinemas The developer is putting the finishing touches Los Angeles and serve roughly the same pop- to lure customers and keep them in the mall for Co. as well as multiple bars and restaurants. on a $500 million renovation that will, in part, ulation. longer periods of time with amenities that offer “Some people call it the de-malling of add “a continuous ribbon of skylights” to the en- The former, owned by the France-based Uni- other purposes besides shopping. Equinox Fit- the mall,” said Kazuko Morgan, vice chair- closed mall, which first opened in 1982. bail-Rodamco-Westfield, recently underwent a ness Club operates a gym at Westfield Century man of retail at Cushman & Wakefield. Manhattan Village, located in Manhattan $1 billion renovation, adding more than 400,000 City. UCLA Health System offers family med- Beach and owned by Kansas City-based devel- square feet of space to the mall, including more icine, internal medicine, pediatrics and urgent Under construction oper RREEF Property Trust Inc., undergoing a than 100 new shops to its open-air layout. care at that retail center too. Faced with these realities, mall developers $180 million makeover with new flooring, seat- It also added food-related tenants such as the Although the Business Journal’s list is and owners are taking action. ing areas, skylights and other amenities. A small- popular Italian food emporium Eataly, and the ranked by floor space – most of the county’s Simon Property Group Inc. of Indianapo- er mall, it is not on the Business Journal list. Taiwanese-based restaurant Din Tai Fung with largest retail centers date from the 1960s and lis completed a $300 million renovation of Del its signature soup dumplings. The mall owners 1970s – retail experts say the size of the mall, Amo Fashion Center in Torrance, which topped The bright side now claim to offer a dining experience rather which has historically determined the number the Business Journal’s list at 2.4 million square Although Los Angeles County isn’t immune than just a passive meal. of shops to buy things at, isn’t the thing that feet of gross leasable space. More than 71,000 from the structural shift in the retail sector, its Retail brokers and developers say the result matters most anymore. square feet of vacant shops were demolished to population density, diverse economy and cur- has created a vibe at a place where people want The Grove, owned by Caruso and located make room for a Dave & Buster’s, a restaurant rent low levels of unemployment can cushion to spend time with their friends and family. in the Fairfax district, didn’t make the Business chain that offers an extensive array of video and some of the blow, experts say. Westside Pavilion, on the other hand, will Journal’s list of top 25 retail centers due to its boardwalk-type games. The downsizing of retail giants such as Sears be redeveloped to mostly office space by 2021 smaller leaseable space, but it’s frequently laud- Burbank Town Center, No. 9 on the list with Holdings Corp., Macy’s Inc., and J.C. Pen- through a joint venture of Westside-based real ed as the gold standard in what a successful re- 1.2 million square feet of leasable space, recent- ney Co. Inc., which for decades have served as estate investment trust Hudson Pacific Proper- tail experience should look like. ly finished a $40 million effort to turn the mall anchor tenants for malls, is giving – or forcing ties and Macerich Co., a Santa Monica-based Besides stores, restaurants and a movie the- into a more modern gathering area. It currently upon – mall owners the opportunity to adapt REIT. Macerich also owns No. 7-ranked Los ater, The Grove offers concerts, yoga classes, offers outdoor movie nights, live music, crafts with the times. Cerritos Center, No. 19-ranked Stonewood picnics, puppet shows, a trolley and a water fea- and games and a martial arts store. Phil Voorhees, at CBRE Group Inc., pre- Center in Downey and Santa Monica Place, ture and uses classical architecture to resemble The area next to the Burbank mall, which dicted that the malls on the Business Journal’s which is not on the list. a traditional downtown rather than a mall. The held an IKEA furniture megastore that re-locat- list would exist in 30 years – albeit with apart- The enclosed Westside Pavilion, which Americana at Brand, another Caruso creation ed nearby, is slated for more than 70,000 square ments and offices attached. opened in 1985, has in recent years struggled that didn’t make the list, features free outdoor feet of commercial space, 200 hotel rooms and “They’re not going away overnight,” he said.

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