Lowe and Real Capital Solutions completed the acquisition of Westfield Mission Valley from Unibail-Rodamco-Westfield for $290m.

Lowe, a real estate investment firm, and Real Capital Solutions, a commercial real estate agency, completed the acquisition of Westfield Mission Valley, a 1.1m sq. foot open air retail center, from Unibail-Rodamco-Westfield, a European multinational commercial real estate company in France, for $290m. “We are well acquainted with this property and have long had an interest in its potential both as a thriving, ongoing retail destination and as an opportunity to bring much needed housing to this community. Lowe has a deep history as an owner and developer in San Diego and we have specific insight into the Mission Valley area as the owner of the Town and Country resort where we completed a comprehensive renovation to the resort and developed the plan to add apartments to several acres at its periphery,” Mike McNerney, Lowe Executive Vice President.