About MacerichMacerich® (NYSE: MAC) aligns exceptional retail properties in attractive U.S. markets with the business goals of the nation's retailers and the shopping preferences of local consumers. The company is one of the country’s leading owners, operators and developers of major retail properties.
Macerich brings long-experienced management and a conservative approach to guiding its dynamic, well-placed portfolio, along with a commitment to retailer success that endures.
- Macerich properties include many top-performing centers in high-barrier-to-entry markets, including:
- Queens Center in New York City
- Tysons Corner Center in Northern Virginia just outside Washington, D.C.
- Scottsdale Fashion Square in Arizona
- Broadway Plaza in Walnut Creek, Calif.
- Washington Square near Portland, Ore.
Total gross leasable area is 74 million square feet in 71 regional malls.
HistoryFounded in 1964 in Ames, Iowa, by Mace Siegel, who remains Chairman Emeritus, Macerich has been headquartered in Santa Monica for more than 30 years. With its significant acquisitions of Westcor in 2002 and Wilmorite in 2004, Macerich gained a definitive national footprint and added high-performing properties and a roster of new opportunities for its retail partners.
The company has a strong history of productive joint ventures with organizations including Cadillac-Fairview, Northwestern Mutual Life and the Alaska Permanent Fund. In 2009, Macerich established new, property-specific joint ventures with industry leaders Cadillac Fairview, GI Partners and Heitman.
The company's deeply tenured leadership team, including Chairman and CEO Arthur M. Coppola, offers steady guidance and the ability to take advantage of the nation’s complex retail real estate cycles.