Big changes are coming to one of Stockton’s most iconic shopping centers. Weberstown Mall has been acquired in a $50.75 million deal by Mershops, a rapidly expanding West Coast real estate group known for revitalizing major retail spaces. The acquisition was led by strategic investment partner Steerpoint Capital, and signals a bold new chapter for the 800,000-square-foot mall.
Located in the heart of Stockton, Weberstown Mall is home to national retailers such as Barnes & Noble, Dillard’s, JCPenney, Old Navy, and Five Below — and now it’s set for a new wave of reinvestment and transformation. Mershops plans to enhance the property through tailored improvements that will bring a fresh energy to the space and strengthen its role as a local hub for shopping, dining, and community gathering.
“This is more than a purchase — it’s a commitment to the future of Stockton,” said Bo Okoroji, Founder & CEO of Steerpoint Capital. “We’re excited to help unlock new value at Weberstown Mall and ensure it continues to be a vibrant destination for years to come.”…