California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Matthews Lists Merced Mall Redevelopment Opportunity
Matthews recently listed a large Merced Mall redevelopment project in California at $32,400,000. The mall, located at 851 West Olive Ave. in Merced, is set to undergo a complete renovation with the option to reopen as a mixed-use and/or experiential-use center. Senior director Matt LoPiccolo has the listing.
Serving a large geographic section of the Central Valley, Merced Mall is undergoing a major redevelopment to ensure its long-term dominance in the market, Matthews said. The 53-acre shopping destination will move towards becoming more entertainment and service-driven which will result in more foot traffic and repeat customers.
Ownership has worked with the City of Merced to fully permit the redevelopment/repositioning of the premises. The city government will act like a partner in facilitating the develop plans due to the mall’s ground-zero location within the city, according to Matthews.
- ◦Sale/Acquisition
- ◦Development




