[IMGCAP(1)]SANTA MONICA, CA-Shopping center REIT Macerich has landed Bloomingdale’s as a tenant for the Santa Monica-based REIT’s redesign and repositioning of its 550,000-sf Santa Monica Place mall, which Macerich is converting to an open air venue adjacent to the popular Third Street Promenade outdoor retail and entertainment district. Bloomingdale’s will join Nordstrom—which Macerich announced last month as another anchor for Santa Monica Place—as a key addition that will replace the current Macy’s store at Santa Monica Place. Bloomingdale’s is scheduled to open in 2010 at the retooled shopping venue.

The decision by Macy’s Inc., to introduce Bloomingdale’s at Santa Monica Place “reflects the interests of the community,” according to Randy Brant, EVP of real estate for Macerich. He says that the decision to locate the Bloomingdale’s at the repositioned mall shows that the parent company “listened to local shoppers, who consistently voiced their interest in a different, more fashion-forward shopping experience at Santa Monica Place.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.