Business mix
- As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S.
- corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 39 million square feet of real estate, consisting primarily of interests in 38 retail centers.
- Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance.
- The Macerich Company was incorporated in 1964 in Maryland and is based in Santa Monica, California.
Current key questions
- Can occupancy, rents, tenant demand, and property quality support cash flow in reit - retail?
- How do interest rates, refinancing needs, cap rates, and development spending affect value?
- Does portfolio recycling or capital allocation improve long-term net asset value?
