The Macerich Company
FinanceIndustry NewsLos AngelesRetail
Macerich Under Contract to Sell 325,000 SQFT La Cumbre Plaza in Santa Barbara for Approximately $11MM
The pending disposition of the 31-acre outdoor shopping center comes as the City of Santa Barbara advances mixed-use redevelopment plans for the anchor...
FeaturedFinanceIndustry NewsLos AngelesRetail
Macerich Sheds Nearly $500MM in Southern California Retail Assets as Path Forward Plan Reshapes Portfolio
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...
FeaturedFinanceIndustry NewsLos AngelesRetail
Macerich Posts $87MM Loss Amid Southern California Portfolio Challenges
The Santa Monica-based mall operator’s third-quarter deficit reflects ongoing struggles with debt refinancing and property transitions, even as key California assets show improved...
FeaturedFinanceIndustry NewsRetail
Despite $50.1MM Q1 Net Loss, Macerich Shows Signs of Recovery with Major Financing Deals
The Macerich Company (NYSE: MAC), a leading owner, operator and developer of major retail real estate properties, has reported financial results for the...
