Century City's Westfield Mall Gets 0 Million Facelift

Century City’s Westfield Mall Gets $700 Million Facelift

Posted June 21, 2014

In California, Commercial, development, Los Angeles, net lease, nnn, real estate, Retail

And what a facelift it is! The revamped mall will feature an additional 422,000 square feet of new retail space with an additional 70 Los Angeles commercial real estate net leased, world class luxury retailers or restaurants for a total of 220 retailers and restaurateurs.

There will be eight acres of outdoor space including a new central plaza. Parking capacity will be doubled to 4,700 spaces. Nordstrom’s will likely be added as an Los Angeles net leased anchor. There will be 20 new high end residences in ten floors.

I’m not sure when the huge Los Angeles commercial retail and residential construction project is to begin. However, the project is slated to open in 2017 and is projected to result in 3,375 new jobs.

I don’t know when lease up is set to begin for any available net leased retail or restaurant space, but it will be well before construction begins. If you have any question about availability, contact your Los Angeles commercial realtor or me, Scott Harris, at 310-473-4789.

In summary, the project is a great improvement to the West Los Angeles commercial real estate, triple net leased retail market.

http://www.westfield.com/centurycity/center-info/development/vision/

Net Leased Retail, NNN Property, Triple Net Retail

Commercial realtor

Commercial real estate with a focus on out-of-state investment property for my Southern California investors. My clients are Southern California local buyers looking for a return far better than what is available around here and that generally means out-of-state. We have expert property management, legal, and contracting services available.