Lakewood Center

What Lakewood Center does

Lakewood Center is a Class-A regional shopping mall located in Lakewood, California, at the intersection of Lakewood Blvd and Del Amo Blvd with direct access to the 91, 605, and 405 freeways. The property houses over 225 retailers anchored by Macy's, JCPenney, Target, Costco, Home Depot, and Best Buy, complemented by more than 30 dining options ranging from fast-casual (Dave's Hot Chicken, Luna Grill) to full-service (California Pizza Kitchen, Outback Steakhouse, Red Lobster, Red Robin, Mimi's Cafe). Entertainment is provided through a 16-screen Starlight Cinemas and a Round One bowling and arcade venue. The mall was developed in 1952 and serves end consumers from the greater Long Beach and Southern California trade area, drawing over 9 million visitors annually.

The underlying technology stack is a standard commercial real estate platform: a marketing website with store directory, deals, events, and movie showtimes, supported by a digital leasing application system for prospective tenants and a captive-portal WiFi infrastructure that captures visitor identifiers, geolocation, and browsing behavior for marketing purposes. There is no developer-facing API, SDK, or documented AI/ML layer. The property is owned and operated by Pacific Retail Capital Partners (PRCP), a private equity-backed retail real estate firm with more than $3 billion in assets under management and 20 million+ square feet of regional malls and lifestyle centers across the United States.

Lakewood Center's business model is multi-stream: (1) permanent leasing of inline and anchor space on 3+ year terms to national retailers and local tenants, generating recurring base rent and potentially percentage rent; (2) local or short-term leasing of RMUs, kiosks, carts, and inline space on terms ranging from days to 24 months, enabling pop-ups and concept testing; and (3) advertising and sponsorship revenue, including in-center media (product sampling, displays, takeovers, event sponsorships) sold to brands seeking access to the property's 9 million-plus annual visitors. Customer segments are split between end-consumer shoppers (primary, geography-based) and B2B retail tenants (national chains and local/small businesses), with a dedicated permanent leasing team, local leasing team, national accounts function, and marketing/business development function managing the leasing pipeline and monetization.

Name

Lakewood Center

Legal name

Pacific Retail Capital Partners, Inc.

Website

https://shoplakewoodcenter.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

1–10 employees

Short description

Lakewood Center is a Class-A regional shopping mall in Lakewood, CA, operated by Pacific Retail Capital Partners, offering 225+ retailers, 30+ dining options, a 16-screen cinema, and entertainment to over 9 million annual visitors from the greater Long Beach area.

Ownership category

akta.pro rank

Headquarters

HQ city

Lakewood

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Permanent Leasing: Long-term leases (3+ years) for national retailers and local tenants in retail spaces. Revenue generated from base rent and potentially percentage rent arrangements with tenants.
2. Local/Short-term Leasing: Flexible short-term leasing options ranging from days to 24 months for RMUs, kiosks, carts, and inline spaces. Provides revenue from temporary tenant pop-ups and test-market concepts.
3. Advertising and Sponsorships: Media network advertising including product sampling, sales promotions, special events, displays, custom marketing features. Reaches over nine million consumers annually. Event sponsorships include holiday photo sets, major events, and soft seating.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Lakewood Center operates a regional shopping destination mall in Lakewood, CA offering over 225 retailers (anchored by Macy's, JCPenney, Target, Costco, Home Depot), over 30 dining options, and entertainment venues including a 16-screen Starlight Cinemas and Round One bowling/arcade. The business generates revenue through permanent retail leasing (3+ year terms), short-term local leasing for pop-ups and kiosks (days to 24 months), and in-center advertising and sponsorship opportunities reaching over 9 million consumers annually.

Product overview

Lakewood Center is a premier regional shopping destination mall in Lakewood, CA managed by Pacific Retail Capital Partners. The core product is the physical shopping center offering a unified retail experience combining over 225 stores (anchored by Macy's, JCPenney, Target, Costco, Home Depot), over 30 dining options (restaurants and food court), and entertainment (16-screen Starlight Cinemas and Round One bowling arcade). The mall supplements its core shopping/dining/entertainment offering with guest amenities (free WiFi, wheelchairs, family lounge, kids play space, dog-friendly policy), a loyalty email program (Lakewood Center Insider), and B2B services including permanent leasing, short-term pop-up/kiosk leasing, and advertising opportunities for brands seeking access to the center's 9+ million annual visitors.

Differentiator

Problem solved

Functional benefit

Products and services

• Regional Shopping Mall (Lakewood Center) Physical regional shopping destination in Lakewood, CA offering over 225 retail stores including department stores, big-box retailers, and boutique shops, plus 30+ dining options and entertainment venues, serving local and regional consumers in the greater Long Beach metropolitan area.
• Permanent Leasing (3+ Year Retail Space) Long-term leasing opportunities (3+ years) for national retailers and local tenants seeking permanent space in the shopping center, with support from openings through expansions. Pricing negotiated based on location, size, and term.
• Local/Short-Term Leasing (Pop-ups, Kiosks, RMUs, Inline Spaces) Flexible short-term leasing arrangements ranging from a few days to 24 months for retail merchandising units (RMUs), kiosks, carts, pop-up shops, and inline spaces, allowing businesses to test concepts or expand without long-term commitment.
• Advertising & Sponsorship Opportunities Media network advertising including product sampling, sales promotions, special events, free-standing displays, custom marketing features, shopping center takeovers, fashion shows, vehicle displays, concerts, and community partnerships reaching over 9 million consumers annually.

Named customers20 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Pacific Retail Capital PartnerscoreOthersPacific Retail Capital Partners (PRCP) is the parent company and property manager of Lakewood Center. PRCP is one of the nation's premier retail operating groups managing large open-air centers and enclosed malls with more than $3 billion in retail assets under management in the United States. The company provides end-to-end sourcing, assessment, underwriting, valuing, developing, and asset management of retail real estate.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Macerich: California-focused mall REIT operating regional enclosed malls in markets overlapping Lakewood Center's Southern California catchment. Highly comparable on geography, format, and tenant-mix profile.
• CBL & Associates: U.S. mall REIT operating enclosed regional and super-regional malls with department-store anchors. Highly comparable asset format and tenant mix to Lakewood Center.
• PREIT: Mall REIT operating enclosed regional malls across the U.S., frequently undergoing anchor repositioning and tenant-mix transitions. Comparable on asset class and operational challenges.
• Taubman Centers: Mall REIT operating higher-end enclosed regional malls with strong dining and entertainment integration. Comparable as a destination-mall operator, though skewed toward upper-tier properties.
• Simon Property Group: The largest U.S. mall REIT, operating enclosed regional malls with department-store anchors and entertainment uses. Simon owns and operates properties directly comparable to Lakewood Center in format, tenant mix, and consumer use case.
• Brookfield Property Partners: Major U.S. enclosed mall operator (formerly GGP) with a portfolio that includes Class A and B regional malls with department-store anchors, dining, and entertainment. Direct comparable to Lakewood Center's enclosed regional mall format.
• Pacific Retail Capital Partners: Direct parent company and operator of Lakewood Center. PRCP manages 20M+ sq ft of regional malls and open-air centers with $3B+ AUM, making it the closest peer in scale, strategy, and asset focus.

Broad incumbents

• Kimco Realty: Large publicly traded retail REIT operating open-air shopping centers. Comparable on retail real estate fundamentals and tenant mix, though format (open-air vs. enclosed) differs.
• Unibail-Rodamco-Westfield: Global operator of large-format, high-traffic destination malls with extensive dining and entertainment components. Comparable as a broader incumbent in the destination-mall segment that Lakewood Center is positioned within.
• Brixmor Property Group: Open-air and grocery-anchored shopping center operator with significant scale. Comparable as a shopping-center operator serving similar consumer needs, though primarily open-air rather than enclosed.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/LakewoodCenter
• Instagraminstagram.com/lakewoodcenter
• Xx.com/LakewoodCenter
• LinkedInlinkedin.com/company/ashley-fox

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lakewood Center