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Mall buyer a local resident. Wen Shan Chang, 71, of Bradbury, is new proprietor of The Shops at Santa Anita, formerly owned by Westfield. It was sold in August for $537.5 million. The property is at 400 South Baldwin Avenue and is now called The Shops at Santa Anita. Mall is 1.48 million square feet. Chang purchased it from France-based Unibail-Rodamco-Westfield in a sale considered the largest for a mall in the U.S. since 2018. The Arcadia mall site has been thriving through Asian retailers catering to the large Asian community in Arcadia and San Gabriel Valley.

https://arcadiahistory.andornot.com/en/permalink/newspaper36350
Newspaper
Pasadena Star News
Date
September 23, 2022
Pages
p. A1, A5
Newspaper
Pasadena Star News
Date
September 23, 2022
Pages
p. A1, A5
Subjects
Chang, Wen Shan
Shopping malls
The Shops at Santa Anita
Westfield Santa Anita
Collection
Newspaper Index
Less detail

Westfield Santa Anita mall sells for $537.5 million to an undisclosed buyer. The property at 400 South Baldwin Avenue and now known as The Shops at Santa Anita, is 1.48 million s.f. and nearly 100% leased. French-based Unibail-Rodamco-Westfield (URW), which has owned and operated the mall since 2007, has been selling off big-name mall properties in Southern California. IKEA Arcadia will open at the mall bringing a smaller version of IKEA with its design studio concept.

https://arcadiahistory.andornot.com/en/permalink/newspaper36319
Newspaper
Pasadena Star News
Date
August 31, 2022
Pages
p. A1, A6