NewMark Merrill Acquires The Shops at SouthBay Pavilion in Metro Los Angeles

Carson, Calif. — NewMark Merrill Cos. has acquired The Shops at SouthBay Pavilion in Carson. The asset spans 182,193 square feet and is situated within SouthBay Pavilion. The Shops at SouthBay were leased to tenants including Burlington, Ross Dress for Less, Sola Salons, Norms Restaurant, Chipotle, Smashburger, Jersey Mike’s, Buffalo Wild Wings and Olive Garden at the time of the sale. IKEA, Target, Cinemark Theaters and JC Penny anchor the balance of the more than 1 million-square-foot mall.

SouthBay Pavilion is located at 20700 S. Avalon Blvd., 18 miles south of downtown Los Angeles. Sandy Sigal, Jim Patton and Brad Pearl internally represented the buyer in the transaction. The seller and sales price were not disclosed.

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