City: Malibu

Stan Kroenke has paid $81.5 million, or $1,598/sf, for Malibu Village, a 51,000-square-foot retail center in Malibu, Calif. The owner of the Los Angeles Rams professional football team purchased the property from Jamestown, which had acquired it 2014 for $120 ...

Malibu Professional Park office complex is 85 percent occupied by tenants that include UCLA Medical. The buyer plans to change the name to The Waves at Malibu. It is about 30 miles west of downtown Los Angeles.

the building sits on 1.5 acres and is fully leased.