Los Angeles Rams owner buys shopping mall in Woodland Hills for $325 million

Plans to move the Los Angeles Rams’ headquarters to Woodland Hills appear to be falling into place.

Rams owner Stan Kroenke has purchased The Village shopping center in the San Fernando Valley for $325 million, the Commercial Observer reports.

The Village spans 600,000 square feet of shops and restaurants

 

Los Angeles Shopping Center Shows Strength of Bricks-and-Mortar Retail

LYNWOOD, Calif.—The air conditioning in the food hall is broken. The parking lot is cracked. And for more than a year, the Plaza Mexico shopping center operated under bankruptcy-court protection.

But on a recent Sunday, families flocked to the 400,000-square-foot shopping center about 15 miles south of downtown Los Angeles.