Profile: Macerich Co (MAC)
29 Jan 2015
The Macerich Company, incorporated on September 9, 1993, is a self-administered and self-managed real estate investment trust. The Company is involved in the acquisition, ownership, development, redevelopment, and management and leasing of regional and community or power shopping centers located throughout the United States.
As of December 31, 2013, the Company owned or had an ownership interest in 55 regional shopping centers and nine community or power shopping centers totaling approximately 57 million square feet of gross leasable area. The Company has entered into leases for mall stores and freestanding stores that require tenants to pay a stated amount for operating expenses, generally excluding property taxes, regardless of the expenses the Company actually incurs at any center.
STE 700, 401 WILSHIRE BLVD
SANTA MONICA CA 90401