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Prism Places takes over Santa Monica Place

Summary by Benzinga

CRE management firm is a veteran of SoCal Retail Trigild engages Prism with mandate to revive LOS ANGELES, April 3, 2025 /PRNewswire/ -- Prism Places, an innovative CRE management and investment firm with $2.8 billion AUM, today announces its engagement as property manager for Santa Monica Place. The 527,000-square-foot retail center in Santa Monica, Calif., is directed by Trigild, the court-appointed receiver that assumed control of the asset l…

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Benzinga

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Prism Places takes over Santa Monica Place

22 hours ago·New York, United States

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Santa Monica Daily Press

New managers for Santa Monica Place, Prism Places, hopes to shine a positive light on troubled property

Prism Places, a commercial real estate management firm with $2.8 billion in assets under management, has been appointed to manage the struggling Santa Monica Place shopping center, the company announced Thursday. Santa Monica Place was once the home-town hub for the locally based Macerich Co. but after years of declining revenues the 527,000-square-foot outdoor retail […] The post New managers for Santa Monica Place, Prism Places, hopes to shine…

17 hours ago

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