California + Bay Area + Retail | June 20, 2023

Matthews recently listed a large redevelopment project on the Merced Mall, which is set to undergo a complete renovation

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.

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Inside The Story

Matthews' LoPiccolo

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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