Westfield Santa Anita mall in Arcadia, California, has changed hands in one of the most expensive mall sales in years as its Paris-based owner moves to unload its U.S. properties and retrench in Europe.
Unibail-Rodamco-Westfield sold the large indoor shopping center for $537.5 million, the French mall company said.
It was the highest price paid for a U.S. mall since 2018, according to real estate investment bank Eastdil Secured, which advised Unibail-Rodamco in the sale.
