Breathing New Life Into Californian East Hills Mall
ByPreliminary site plan of the East Hills Mall in Bakersfield, Calif.
Bakersfield, Calif.—The new owners of East Hills Mall, C & C Properties Inc. and MarkChris Investments, recently unveiled their plans to revitalize the Bakersfield shopping center. Their concept includes transforming the enclosed property into a 350,000-square-foot open-air destination that offers a plethora of dining, shopping and entertainment options. The redevelopment project is expected to break ground in the late second quarter or early third quarter of this year and be completed in the autumn of 2018.
The asset was purchased by the two local developers on Dec. 23, 2016 from Retail Equities and El Corte Ingles of Madrid, Spain. Cushman & Wakefield | Pacific Commercial Realty Advisors represented both the buyer and the seller in the transaction…