clock menu more-arrow no yes

Filed under:

The Malibu Lumber Yard Finds a Buyer With Deep Pockets

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

The price tag for the Malibu Lumber Yard? $35.5 million. Per a WWD report, that's how much Columbus, Ohio-based Glimcher Realty Trust recently paid to acquire the shopping center. Glimcher owns 25 other malls nationwide but only two in CA: Puente Hills Mall in City of Industry and Weberstown Mall in Stockton. The Lumber Yard, which opened in 2009, took $25 million to build.
· Glimcher Realty Trust Buys The Malibu Lumber Yard for $35.5M [WWD]
· Malibu Lumber Yard [Official Site]

Malibu Lumber Yard

3939 Cross Creek Road, Malibu, CA 90265 310-456-7395 Visit Website

Malibu Lumber Yard

3939 Cross Creek Rd, Malibu, CA 90265