Calabasas, California, Oct. 05, 2026 (GLOBE NEWSWIRE) -- EDENS, a privately held national owner, operator and developer of retail real estate, today announced the acquisition of The Summit at Calabasas, an approximately 72,000-square-foot, grocery-anchored retail property in Calabasas, California.
Located just off U.S. 101 between the San Fernando and Conejo valleys, The Summit serves one of Southern California’s most affluent communities and draws customers from Calabasas, Oak Park, Westlake Village, Malibu and West Hills. Anchored by Erewhon, the property also includes Philz Coffee, Exer Urgent Care, Crane Pilates and a collection of restaurants alongside wellness and service businesses.
“The Summit is an irreplaceable property in one of Southern California’s most desirable communities, anchored by Erewhon, one of the region’s most relevant grocery brands,” said Jami Passer, Chief Investment Officer at EDENS. “It reflects the high-quality real estate central to our long-term investment strategy. We are excited to become part of the Calabasas community and build on the property’s success.”
EDENS’ deep market knowledge and longstanding retailer relationships will help the company thoughtfully evolve the property. Continued investment and merchandising tailored to the surrounding community will strengthen The Summit’s foundation for the future.
With The Summit, EDENS’ California portfolio now includes 13 properties totaling approximately 2.1 million square feet and $1.5 billion in asset value. The acquisition follows the company’s recent purchase of The Forum in Carlsbad and continues the growth of a California portfolio that includes The Shops at La Jolla Village, Long Beach Exchange and Strawberry Village in Marin County.
About EDENS
Established in 1966, EDENS' purpose is to Enrich Community through human connection. The company owns, develops and stewards a leading national real estate portfolio of 93 open-air retail and mixed-use destinations in high-growth markets, reaching an estimated 15 million people daily. Through thoughtful design and curation, EDENS creates physical places where people come together, prosperity grows and communities thrive. For more information about the company, visit www.edens.com and follow @WeAreEDENS.
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Sommer Hixson EDENS (202) 902-2665 media@edens.com
