{"id":382760,"date":"2026-07-01T23:01:15","date_gmt":"2026-07-01T23:01:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/382760\/"},"modified":"2026-07-01T23:01:15","modified_gmt":"2026-07-01T23:01:15","slug":"redwood-west-and-panattoni-announce-acquisition-of-the-pike-lifestyle-center-in-long-beach","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/382760\/","title":{"rendered":"Redwood West and Panattoni Announce Acquisition of The Pike Lifestyle Center in Long Beach"},"content":{"rendered":"<p>\t\t\t\t\t\t<img width=\"1920\" height=\"1438\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/07\/The-Pike-Aerial.jpg\" class=\"attachment-xlarge size-xlarge wp-post-image\" alt=\"\" decoding=\"async\" fetchpriority=\"high\"  \/><\/p>\n<p><a href=\"http:\/\/www.redwoodwest.com\" rel=\"nofollow noopener\" target=\"_blank\">Redwood West<\/a>, in partnership with Panattoni, has acquired\u00a0The Pike, Long Beach, California\u2019s premier waterfront retail, dining, and entertainment lifestyle center. The acquisition price and seller were not disclosed.<\/p>\n<p>Located, at 95 S. Pine Ave, The Pike is a 394,616-square-foot lifestyle center that has long served as a gathering place for residents, visitors, and the surrounding community. The acquisition marks a new chapter for the property, with ownership focused on exciting new leasing, supporting existing tenants, and creating opportunities for community engagement and activation.<\/p>\n<p>\u201cGreat destinations bring people together,\u201d said\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/john-pomer-46358115\/\" rel=\"nofollow noopener\" target=\"_blank\">John Pomer<\/a>, Principal of Redwood West. \u201cThe Pike\u2019s waterfront is one of Long Beach\u2019s greatest assets. Our vision is to create a vibrant gathering place with experiences, events, and public spaces that invite residents and visitors to connect with the community year-round.\u201d<\/p>\n<p>Built in 2003, The Pike is a landmark retail and entertainment destination situated in the heart of Long Beach\u2019s downtown waterfront business and entertainment\u00a0district that draws seven million annual visitors.\u00a0The property is 91% leased to a dynamic mix of retail, dining, entertainment, and lifestyle offerings, anchored by Cinemark Theatres and complemented by waterfront restaurants, retailers, and entertainment venues. High-profile tenants include Restoration Hardware, Cinemark, E\u014dS Fitness, Nike Factory Store, H&amp;M, Levi\u2019s, P.F. Chang\u2019s, Gladstones, California Pizza Kitchen, and Starbucks, among others.<\/p>\n<p>\u201cSuccessful retail is about more than leasing space\u2014it\u2019s about curating the right mix of retail, dining, entertainment, and experiences,\u201d said\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/colby-cyburt-18695764\/\" rel=\"nofollow noopener\" target=\"_blank\">Colby Cyburt<\/a>, Principal of Redwood West. \u201cWe\u2019re excited to build on The Pike\u2019s waterfront location and create a merchandising strategy that serves the Long Beach community while attracting new visitors and creating long-term value for our tenants.\u201d<\/p>\n<p>Redwood West and Panattoni will invest approximately $20 million to deliver placemaking initiatives, community-focused events, strategic leasing, neighborhood-serving uses, and experiential activations designed to increase visitation and further strengthen The Pike\u2019s connection to the Long Beach community.<\/p>\n<p>Redwood West will oversee property management, leasing, marketing, and operations, bringing its hospitality-driven approach and experience managing some of Southern California\u2019s most successful mixed-use and waterfront destinations.<\/p>\n<p>The acquisition reflects Redwood West\u2019s and Panattoni\u2019s continued commitment to investing in high-quality retail and mixed-use destinations throughout California. To that end, in March 2026, Redwood West and Panattoni acquired Victoria Gardens, a 1.2 million square foot Inland Empire lifestyle center, for $530 million.<\/p>\n<p>Additional announcements regarding property enhancements, programming initiatives, and leasing opportunities are planned in the coming months.<\/p>\n<p>About Redwood West<\/p>\n<p>Redwood West is a vertically integrated real estate investment, development and operating platform headquartered in Newport Beach, California. Led by Managing Partners John Pomer, Ben Gott and Colby Cyburt, Redwood West has a proven track record with its investors and continues to seek opportunities that match its experiential, coastal real estate strategy. Redwood West currently owns and operates a large-scale Southern California based portfolio which includes iconic properties such as Victoria Gardens, waterfront retail center Lido Marina Village and Peninsula Village.\u00a0<a href=\"http:\/\/www.redwoodwest.com\" rel=\"nofollow noopener\" target=\"_blank\">www.redwoodwest.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Redwood West, in partnership with Panattoni, has acquired\u00a0The Pike, Long Beach, California\u2019s premier waterfront retail, dining, and entertainment&hellip;\n","protected":false},"author":2,"featured_media":382761,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[131,133,132],"class_list":["post-382760","post","type-post","status-publish","format-standard","has-post-thumbnail","category-long-beach","tag-long-beach","tag-long-beach-headlines","tag-long-beach-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/382760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=382760"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/382760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/382761"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=382760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=382760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=382760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}