Macerich
527,000 SQFT Santa Monica Place Gets New Management Following $300MM Default
CRE management firm is a veteran of SoCal Retail Trigild engages Prism with mandate to revive April 3, 2025 (LOS ANGELES) — Prism...
Macerich Plans to Sell 1.2MM SQFT Thousand Oaks Shopping Center The Oaks for $157MM
By Kate Snyder A shopping center in Thousand Oaks that tops one million square feet will soon see a new owner. In a...
The Macerich Company Announces CFO Change
Dan Swanstrom Named as Chief Financial Officer of The Macerich Company SANTA MONICA, Calif., Nov. 06, 2024 — The Macerich Company (NYSE: MAC)...
Rising Realty’s 1 Cal Plaza in Downtown Los Angeles Sees $300MM CMBS Loan Move to Special Servicing
A $300 million CMBS loan backed by 1 Cal Plaza in downtown Los Angeles has transitioned to special servicing ahead of its November...
Macerich Nearing Refinancing on $115MM Victorville Mall Loan As it Evaluates Assets Across Portfolio
Macerich, the Santa Monica-based real estate giant, is playing a high-stakes game of Jenga with its debt. As the third-largest shopping mall operator...
Macerich Stumbles with $127.7MM in Losses in Q1 2024
The reign of the American shopping mall may be drawing to a close, but not without a fight. Mall owner Macerich, a titan...
Macerich’s $300MM Loan Tied to Santa Monica Place Mall Enters Special Servicing
By The Registry Staff Macerich, a leading real estate investment trust headquartered in Santa Monica, finds itself in turbulent waters as its property,...
The Macerich Company Announces CEO Change
Tom O’Hern to Retire as Chief Executive Officer of The Macerich Company Jackson Hsieh Named as Successor SANTA MONICA, Calif., Feb. 05, 2024...
UCLA Acquires L.A.’s Former Westside Pavilion for $700MM @ 6% Cap Rate
Key takeaways The UCLA Research Park will occupy the former mall site, a 700,000-square-foot property 2 miles from the Westwood campus. The research...
Simon & Macerich Joint Venture Reconsidering 157-Acre Carson Project
By The Registry Staff Carson’s ambitious plan to redevelop a 157-acre former landfill site, which appeared to be nearing realization less than a...
Din Tai Fung Leases 10,615 SQFT of Space at Santa Monica Place
SANTA MONICA, Calif. — Macerich, one of the nation’s leading owners, operators and developers of high-quality retail and mixed-use properties in top markets,...
Arte Museum to Occupy 48,000 SQFT Space at Santa Monica Place
SANTA MONICA, Calif. — Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in...
