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Macerich information


The Macerich Company
Company typePublic
Traded as
  • NYSE: MAC
  • S&P 600 component
IndustryReal estate investment trust
Founded1964; 60 years ago (1964)
FounderMace Siegel
Richard Cohen
HeadquartersSanta Monica, California, U.S.
Key people
Steven Hash (Chairman of the Board)
Thomas O'Hern (CEO)
Edward Coppola (President)
Scott Kingsmore (CFO)
RevenueDecrease $786 million (2020)
Net income
Increase -$230 million (2020)
Total assetsIncrease $9.184 billion (2020)
Total equityDecrease $2.445 billion (2020)
Number of employees
670 (2020)
Websitewww.macerich.com
Footnotes / references
[1]
Lt.-Gen. Rick Findley, deputy commander of the North American Aerospace Defense Command, and Robert Taylor, senior property manager at Citadel Mall, perform the ceremonial ribbon cutting during the November 18, 2005 launch of the Citadel Mall's Santa Tracking Station.

Macerich (/ˈmsrɪ/ MAYSS-ritch) is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2020, the company owned interests in 52 properties comprising 50 million square feet of leasable area.[1] The company name is a portmanteau of its founders, Mace Siegel and Richard Cohen.[2]

  1. ^ a b "The Macerich Company 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Prideful Mall Giant Macerich Burns a Hole in Canadian Teachers' Pension Investor - SWFI". www.swfinstitute.org. Retrieved April 21, 2020.

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Macerich

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Macerich (/ˈmeɪsrɪtʃ/ MAYSS-ritch) is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping...

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List of largest shopping malls in the United States

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2020. "Macerich | Properties | Lakewood Center". www.macerich.com. Retrieved March 5, 2020. "Macerich | Properties | Green Acres Mall". www.macerich.com...

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List of largest shopping malls in New York

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Tysons Corner Center

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VA" – via www.youtube.com. "Macerich Announces $2.333 Billion Agreement to Acquire Wilmorite | Macerich". investing.macerich.com. Retrieved 2022-04-30....

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Simon Property Group

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$1.2 billion in a hostile takeover. Also in 1997, in partnership with Macerich, the company acquired 12 malls from IBM's pension plan for $974.5 million...

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Scottsdale Fashion Square

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in Scottsdale, Arizona, and has been owned by Westcor, a subsidiary of Macerich, since 2002. During the 1930s and 1940s, the land which would become the...

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Queens Center Mall

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is the largest mall in Queens. It is currently owned and managed by The Macerich Company, who purchased the mall in the 1990s. The mall features Primark...

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Northridge Mall

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Times. September 17, 2003. "The Macerich Company Announces Acquisition of Northridge Mall" (Press release). Macerich. Sep 16, 2003. Northridge Mall purchased...

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Kings Plaza

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between Macy's and Alexander's, and is currently owned and managed by Macerich. With approximately 4,200 jobs in retail services and over 120 individual...

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Fashion District Philadelphia

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District Philadelphia on January 1, 2021, with Macerich taking over management of the mall. Macerich made a $100 million payment on a $301 million loan...

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Lindale Mall

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manage the mall until March 1998, when SDG Macerich — a partnership of the Simon Property Group and The Macerich Company — purchased Lindale Mall. In May...

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Paradise Valley Mall

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stores that were once Sears, Dillard's, and Macy's. The former owner, Macerich, has rezoned the land for mixed use. Demolition of the indoor mall portion...

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GameStop short squeeze

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9% Ligand Pharmaceuticals Incorporated (LGND) 191.59 142.62 34.3% The Macerich Company (MAC) 25.99 14.58 78.3% Naked Brand Group (NAKD) 3.40 0.44 672...

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Washington metropolitan area

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Archived from the original on June 10, 2010. Retrieved January 12, 2016. "Macerich Tysons Corner Center Market Profile" (PDF). Archived from the original...

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Santa Monica Place

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as Robinsons-May while The Broadway store rebranded as Macy's in 1996. Macerich purchased Santa Monica Place from Rouse in 1999, and rumors of major changes...

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Arden Fair

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JCPenney as anchor stores. It is operated by the premier development firm Macerich. Arden Fair was originally built in 1957 as a single-level outdoor mall...

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Taubman Centers

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an initial public offering. In 1997, the company sold Queens Center to Macerich. In 1998, the company sold The Mall at Tuttle Crossing, Hilltop Mall, Marley...

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Westside Pavilion

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acting as landlord and developer in a joint venture with previous owner The Macerich Company to transform the mall from retail to media and technology company...

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Arrowhead Towne Center

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located in Glendale, Arizona (west suburban Phoenix). The mall is owned by Macerich & GIC Private Limited. The mall features Macy's, Dillard's, JCPenney, and...

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Scheels

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largest Scheels and largest all-sports store in the world. On May 19, 2020, Macerich announced that Scheels will open its first Arizona location at Chandler...

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Desert Sky Mall

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Avenue and Thomas Road. The mall was developed by Westcor and is managed by Macerich. The anchor stores are Curacao, Burlington, Mercado de los Cielos, and...

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Green Acres Mall

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Macy's Men's & Furniture Gallery. It is currently owned and managed by The Macerich Company, having been previously owned and operated by Vornado Realty Trust...

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Valley View Center

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and management has changed multiple times in the last two decades. The Macerich Company, a Santa Monica, California-based shopping center operator, purchased...

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List of California companies

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Lucas Oil LucasArts Lucasfilm Lucid Motors Lucky Brand Jeans Lucky Stores Macerich Mag Instrument, Inc. Mapbox Mattel Maxim Integrated Maxtor Maxwell Technologies...

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The Empire Mall

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1998, it was acquired by a joint venture of The Macerich Company and Simon Property Group, with Macerich assuming the role of managing partner. In 2012...

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