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Vincent Rouget Of Unibail-Rodamco-Westfield Acquires Remaining 50% Stake In Westfield UTC For $705M

Property Image
SOLD
$705,000,000

California

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Retail116,000 SF
Sold 06/10/2026
the dealdetailscomps
Property Image
SOLD

Vincent Rouget Of Unibail-Rodamco-Westfield Acquires Remaining 50% Stake In Westfield UTC For $705M

4545 La Jolla Village Drive

See Similar Deals
Retail116,000 SF
Sold 06/10/2026
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$6,077
Total Square Footage:116,000 SF
Transaction Type:Sale

The retail asset located at 4545 La Jolla Village Drive in San Diego, CA, is currently under contract for a sale price of $705,000,000. The property spans a square footage of 116,000, resulting in a price per square foot of $6,078.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $705,000,000
  • Buyer: Vincent Rouget - Unibail-Rodamco-Westfield
  • Market: San Diego, CA
  • Asset Size: 116,000 SF
  • Price Per Square Foot: $6,078

Vincent Rouget represents Unibail-Rodamco-Westfield in the acquisition of the remaining 50% stake in the Westfield UTC mall from its joint venture partner. This transaction will provide Unibail-Rodamco-Westfield with full ownership upon closing, following a prior expansion investment of $92 million to enhance the center with luxury retailers.

Details

SOLD
IMAGE: - UNDER CONTRACT IMAGE: Vincent Rouget DATE: 06/10/2026 ADDRESS: 4545 La Jolla Village Drive MARKET: San Diego, CA ASSET TYPE: Retail BUYER: Vincent Rouget - Unibail-Rodamco-Westfield (@URW_Group) SALE PRICE: $705,000,000 SF: 116,000 - PPSF: $6,078 NOTE: Unibail-Rodamco-Westfield agreed to acquire the remaining 50% stake in the Westfield UTC mall in San Diego’s University City neighborhood from its joint venture partner for $705 million in cash and shares, giving the company full ownership upon closing. The deal follows URW’s $92 million expansion of the center, which is adding luxury retailers including Chanel, Saint Laurent, Tom Ford, Carolina Herrera and Zegna to the property.

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