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Unibail Sells Off Troubled Southern California Mall

Buyer Pacific Retail Capital Partners Plans To Reimagine the Shops at Palm Desert
The nearly 1 million-square-foot The Shops at Palm Desert mall in Palm Desert, California, is being eyed for redevelopment. (Nick Del Cioppo/CoStar)
The nearly 1 million-square-foot The Shops at Palm Desert mall in Palm Desert, California, is being eyed for redevelopment. (Nick Del Cioppo/CoStar)
CoStar News
November 30, 2023 | 11:58 P.M.

A Coachella Valley mall more than 120 miles east of downtown Los Angeles — that has experienced financial difficulties for years — has been sold to a developer with a different vision for the shopping center.

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