Primestor Acquires Panorama Mall in California for $100 Million

Panorama City, Calif. — Primestor Development Inc. has acquired Panorama Mall, a 315,000-square-foot retail center located in Panorama City, from Macerich Co. in an off-market transaction valued at approximately $100 million.

Situated at the intersection of Roscoe and Van Nuys Boulevards, the mall draws nearly 7 million visitors annually. Current tenants include La Curacao, Walmart, Forever 21, Aéropostale, The Children’s Place, Finish Line, Foot Locker, Daniel’s Jewelers, GNC, GameStop, Kebab House, McDonald’s, Domino’s Pizza, Cricket Wireless, T-Mobile, Premier Insurance Security and Ice Island, among others.