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Turnbridge Equities and Waterford Property Company Acquire City Place Long Beach in Southern California Joint venture finalizes purchase of large-scale open-air development in downtown Long Beach after previously acquiring property loan News provided by Share this article , has acquired City Place Long Beach, a 14-acre, large-scale open-air retail, office, and mixed-used development property in the heart of downtown Long Beach, California. City Place Long Beach The partnership first acquired the loan on City Place Long Beach at the end of 2020 and has now reached an agreement to take over ownership of the property. City Place has a storied history in Long Beach, having once been the home of the Long Beach Plaza Mall, an enclosed shopping mall built in 1982. The mall was demolished in 2002 to make way for City Place, an open-air shopping district anchored by several big-box tenants, emblematic of the region s large-scale retail development trends in the early 2000s.  With th

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