Calif. JV Buys Los Angeles Macy's, Plans $160M Renovation
Ratkovich has partnered with National Real Estate Advisors and Blue Vista Capital LLC to purchase the prized, block-long property. The group plans to rename the Macy's-anchored property The Bloc after it is renovated, according to a statement.
Financial details of the acquisition were not disclosed. Representatives for NREA and...
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