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Macerich Sheds Nearly $500MM in Southern California Retail Assets as Path Forward Plan Reshapes Portfolio

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Pablo Merchán Montes For Unsplash+
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The REIT completed dispositions including Lakewood Center and The Oaks while its go-forward centers posted stronger tenant sales and positive re-leasing spreads across the region. The Macerich Company (NYSE: MAC) sold or exited approximately $494 million in Southern California retail properties during 2024 and 2025 as part of its sweeping Path Forward Plan, according to […]

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