In the latest show of enthusiasm for outdoor, grocery-anchored shopping malls, a Maryland-based investor bought the Del Monte Shopping Center on the central California coast in one of the region's priciest retail sales on record.
Buyer pays top dollar for grocery-anchored mall on the Central California coast
Outdoor shopping malls remain a hot item, even as traditional malls slowly fade
CoStar News
February 26, 2025 | 11:59 P.M.
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IN THIS ARTICLE
- Properties
- Del Monte Center
1400 Del Monte Ctr, Monterey, CA
- Companies
- Federal Realty Investment Trust
Real Estate
- American Assets Trust, Inc.
Real Estate