Merlone Geier buys Ralphs-anchored Stevenson Ranch mall for $58M

Retail developer Merlone Geier has acquired Stevenson Ranch Plaza, an outdoor mall in the Santa Clarita Valley anchored by a Ralphs supermarket, for $57.8 million, The Real Deal has learned.  The property, with the addresses of 24917, 24935, 24945, 24949, 24955, 24965 and 24975 Pico Canyon Road, spans 187,000 square feet and sits on an […]The post Merlone Geier buys Ralphs-anchored Stevenson Ranch mall for $58M appeared first on The Real Deal.