cre activity
/
Southern California CRE Activity
·
Dec 10

Del Amo Phase 2 added about 250,000 SF and 60 stores

Simon's Phase 2 at Del Amo Fashion Center added nearly 250,000 SF and about 60 stores, anchored by a two-level Nordstrom, within a 2.7M SF mall.

Sources
WWD; Simon Property Group; imagery: Google Earth
250,000 SF
Phase 2
2.7M SF
Total centre
~60
Stores at opening
Del Amo Phase 2 added about 250,000 SF and 60 stores

What's happening

Simon Property Group's Phase 2 repositioning at Del Amo Fashion Center in Torrance added nearly 250,000 square feet. WWD reported the phase opened in October 2015 with about 60 stores and roughly 100 tenants planned in all. The wider centre totals about 2.7 million square feet.

The phase centred on a new two-level Nordstrom, relocated from the South Bay Galleria, and a luxury wing with brands including Kate Spade, Hugo Boss, Michael Kors, Uniqlo and Zara. Din Tai Fung and Pink's Hot Dogs anchor the dining area.

  • Size: Nearly 250,000 SF in Phase 2; about 2.7M SF centre
  • Developer: Simon Property Group
  • Location: 3525 Carson St, Torrance, Los Angeles County
  • Status/Timing: Phase 2 completed and open
  • Tenants: About 60 stores at opening; about 100 planned

What it means for owners, tenants and investors

Del Amo's renovation shows how large regional malls have held their position by adding luxury tenants and dining and replacing older wings. A strong anchor mall supports surrounding retail and restaurant pads, and it reshaped competition with other South Bay centres such as the South Bay Galleria.

Del Amo's investment helped keep it among the South Bay's leading retail destinations.

What to watch

Further redevelopment of former department store space at the centre and any new mixed-use plans.

Imagery: Google Earth.

← All CRE Activity

Stop searching, start finding.

Tell us your size, submarket and timing. We research the whole market, including off-market, and come back with options.

Buying? Get the Good Deals by email →