Carlsbad, Calif. — RAF Pacifica Group has acquired an 18,127-square-foot retail and office property in Carlsbad for $3.2 million.
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Hudson Pacific, Macerich to Redevelop Westside Pavilion Mall in Los Angeles to Office Space for $450 Million
by Katie Sloan
Los Angeles — Hudson Pacific Properties (NYSE: HPP) and Macerich (NYSE: MAC) have formed a joint venture to redevelop Westside Pavilion, a 600,000-square-foot shopping mall located in west Los Angeles, into creative office space. The project is expected to cost between $425 and $475 million.