18.75800 USD
0.288
1.56%
Last update Dec 16, 2:30 PM GMT
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Day range
18.72640
18.75800
Previous close
18.47000
Open
18.72640
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The Macerich Company
18.76
0.29
1.56%

Overview

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Description

The Macerich Company is a real estate investment trust (REIT) that focuses on the acquisition, ownership, and management of shopping centers throughout the United States. As one of the leading owners and operators of major retail properties, its portfolio predominantly consists of high-profile regional malls and dynamic shopping centers positioned in geographically diverse locations. Macerich's primary function is to generate income through leasing retail spaces to a variety of tenants, including fashion retailers, restaurants, and entertainment venues. Their strategic approach often involves revitalizing and redeveloping existing properties to adapt to evolving consumer preferences and marketplace trends. The Macerich Company plays a significant role in the commercial real estate sector, shaping the retail experience by creating vibrant community hubs that foster economic activity. By focusing on high-quality, well-located malls, Macerich seeks to maintain a leading position in the industry, adapting and thriving amid challenges in the retail environment.

About

CEO
Mr. Jackson Hsieh
Employees
615
Address
401 Wilshire Boulevard
Suite 700
Santa Monica, 90401-1452, CA
United States
Phone
310 394 6000
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
United Kingdom
MIC code
XLON
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