Pacific Retail Capital Partners and J.P. Morgan Acquire Former Macy’s Building at Paseo Nuevo in Downtown Santa Barbara

Santa Barbara, Calif. (February 7, 2018) – Pacific Retail Capital Partners and institutional investors advised by J.P. Morgan Asset Management, the owners of Paseo Nuevo Shops & Restaurants, announced today the acquisition of the former Macy’s building that was vacated by the anchor tenant in March of 2017. Paseo Nuevo Shops & Restaurants is now…