CRE Update: Mission Valley Shopping Centers
Friday, October 27, 2023
by: Ann DiLorenzo, Kidder Mathews

Section: Trends and Tips

New residential housing is coming to Westfield Mission Valley East and West shopping centers, the home to Target, AMC Mission Valley 20 movie theatre, Trader Joes, Lazy Dog Restaurant and Old Navy. These shopping centers were sold to Los-Angeles based developer Lowe, real estate investor Real Capital Solutions, and Sunbelt Investment Holdings Inc. in July 2023. These investors are looking to make the shopping centers into a mixed-use, live-work-play environment, with the intention of adding housing to create more of an urban vibe.


From this long-time Mission Valley resident and BOMA member’s perspective, this makes me sad. During my nearly ten years of residency in Mission Valley, I loved walking around the malls, shopping at the different stores and eating at a variety of restaurants… there was always something to buy! We’ll see what’s around the corner for these Westfield shopping centers.


To learn more the sale and future plans of these two shopping centers, read more here:

Westfield sells Mission Valley shopping centers in San Diego for $290 million - The San Diego Union-Tribune