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Moreno Valley is a city in Riverside County, California, United States, and is part of the Riverside–San Bernardino–Ontario metropolitan area.It is the second-largest city in Riverside County by population and one of the Inland Empire's population centers.
Ownership of Stoneridge was to change in the next few years as the Taubman shopping center interests, which had become a publicly traded real estate investment trust in 1992, were reorganized in 1998 and the GM Pension Trust assumed full ownership of Stoneridge, retaining Taubman Centers as manager.
Saks Fifth Avenue, the only department store anchor, closed on May 13, 2006. In November 2006, Cousins sold the mall to Stoltz Real Estate Partners of Pennsylvania for $95.7 million. Stolz polled the community for a new name for the mall in February 2008, with the winning name being The Promenade on the Peninsula, which it was renamed in March ...
I recall an one page Time Magazine article on Moreno Valley, dated Nov. 25, 1991 (should I yahoo/google/bing it?), discussed Moreno valley as the land of massive suburban sprawl, cul-de-sacs, repetitive sameness of the homes and community design, and traffic jams of long distance commutes to work 60-80 miles away in L.A. or Orange County where ...
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The mall features 758,504 sq ft of leasable retail space. As of 2019, Simon no longer owns the mall. Pacific Retail announced ownership of the mall on the company Instagram page on January 24, 2019. As of April 2024, the mall is currently managed by Spinoso Real Estate Group. [3]
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