History
Northridge Mall opened in 1972 with sixty stores and Emporium Capwells, JCPenney, and Mervyns as anchor stores. It was owned by the insurance company Northwestern Mutual. While the Sears, which now sits at the south end of the Mall, already existed, it was neither connected to nor affiliated with the Mall at this time. It was not until the new south wing was added in 1982 that the pre-existing Sears outlet became part of the Mall. The new wing also nearly doubled the shopping center's retail space and stores.
In 1994 the Mall was remodeled and in 1996 the Emporium Capwells outlet was replaced by Macy's; both Sears and JCPenney underwent extensive remodels. In 1998, the Mervyns outlet was extensively remodeled to incorporate the brand's new image.
Macerich acquired Northridge Mall in 2003 from Northwestern Mutual for a purchase price of approximately $128.5 million.
Read more about this topic: Northridge Mall
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