Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management, and leasing of regional and community shopping centers located throughout the United States. The company is headquartered in Santa Monica, California and currently employs 615 full-time employees. The firm is the sole general partner of, and owns a majority of the ownership interests in, The Macerich Partnership, L.P. (the Operating Partnership). As an owner, operator, and developer of retail real estate in United States markets, the Company’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. The firm is developing and managing properties that serve as community cornerstones. The company owns interests in approximately 38 retail centers. Its properties include Arrowhead Towne Center, Danbury Fair, Desert Sky Mall, Eastland Mall, Fashion District Philadelphia, Fashion Outlets of Chicago, The Village at Corte Madera, Washington Square, Vintage Faire Mall, Broadway Plaza, Superstition Springs Center, Crabtree, and others.
Follow-Up Questions
Who is the CEO of Macerich Co?
Mr. Jackson Hsieh is the President of Macerich Co, joining the firm since 2024.
What is the price performance of MAC stock?
The current price of MAC is $17.48, it has decreased 1.49% in the last trading day.
What are the primary business themes or industries for Macerich Co?
Macerich Co belongs to Real Estate industry and the sector is Real Estate
What is Macerich Co market cap?
Macerich Co's current market cap is $4.4B
Is Macerich Co a buy, sell, or hold?
According to wall street analysts, 16 analysts have made analyst ratings for Macerich Co, including 4 strong buy, 4 buy, 9 hold, 2 sell, and 4 strong sell
