Macerich at REITweek 2018

Macerich, an S&P 500 company, is one of the country’s leading owners, operators and developers of major retail real estate (NYSE:MAC). Our unparalleled portfolio comprises trophy properties in the most desirable, densely populated and highest-barrier-to-entry U.S. markets.

Jean Wood
+1-310-899-6366
jean.wood@macerich.com

Macerich And Simon Form Joint Venture To Create Los Angeles Premium Outlets™

September 11, 2018
- State-of-the-Art High Quality Outlet Destination to Take Advantage of High Density, Affluent Location- SANTA MONICA, Calif. and INDIANAPOLIS, Sept. 11, 2018 /PRNewswire/ -- Macerich (NYSE:MAC), one of the nation's leading owners, operators and developers of major retail properties in top markets, and Simon (NYSE:SPG), a global leader in premier shopping, dining, entertainment, and mixed-use destinations, today announced the formation of a 50/50 joint venture to create Los Angeles Premium Outlets, a state-of-the-art Premium Outlet center. Macerich and Simon will co-develop and jointly lease LA's newest outlet, designed to open with 400,000 square feet,...

Macerich Partners With Industrious As First Major Mall Owner To Add Flexible Workplaces In Malls Targeting Multi-Property Rollout

August 08, 2018
-Macerich's Scottsdale Fashion Square to Be First Property in High-end Portfolio to Open Industrious Location- SANTA MONICA, Calif. and NEW YORK, Aug. 8, 2018 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators, and developers of major retail properties in top markets,  today announced a national partnership with premium workplace operator Industrious. This is the first time a major mall owner has partnered with a coworking company targeting a multi-property rollout.    Industrious is a leader in the burgeoning coworking space thanks to elegant, productivity-driven design paired with best-in-class hospitality. With nearl...

Fashion District Redefines the Philadelphia Destination Consumer Experience with Dynamic Tenants and Community Programming

August 02, 2018
Polo Ralph Lauren and first-to-market City Winery are among the unique-to-Philadelphia offerings that underscore the vision and strategy behind Center City’s premier shopping destination Philadelphia, PA – August 2, 2018 – Fashion District Philadelphia, a joint venture partnership between Macerich and PREIT, today unveils a series of impactful project milestones, including dynamic tenants and community programming reflective of the vision and significant nature of this project’s impact and reach in Philadelphia. With over650,000 square feet of space, or more than 80%, leased or in active negotiations, the newadditions create a vibrant destination for shopping, dining, socializing a...

Macerich Announces Quarterly Results

August 01, 2018
SANTA MONICA, Calif., Aug. 1, 2018 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended June 30, 2018, which included net income attributable to the Company of $7.8 million or $.05 per share-diluted for the quarter ended June 30, 2018 compared to net income attributable to the Company for the quarter ended June 30, 2017 of $26.6 million or $.19 per share-diluted. For the second quarter, 2018, funds from operations ("FFO") diluted was $125.7 million or $.83 per share-diluted compared to $148.6 million or $.98 per share-diluted for the quarter ended June 30, 2017.  Excluding $.13 per share for costs related to activism, FFO per sha...