Macerich Company (The)
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Jackson Hsieh
- Full Time Employees
- 598
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 401 Wilshire Boulevard Santa Monica CA United States 90401-1452
- IPO Date
- Mar 10, 1994
- CIK
- 0000912242
- Website
- macerich.com
- Similar Companies
- Business
- The Macerich Company (NYSE: MAC) owns, operates, and develops regional malls and lifestyle centers primarily in the United States. The company portfolio includes prominent properties such as Scottsdale Fashion Square in Arizona, South Coast Plaza in California, and Kings Plaza in New York; it provides leasing services for retail spaces to anchor tenants, inline stores, and experiential retailers; and offers property management, redevelopment, and marketing services to enhance tenant sales and visitor traffic. Headquartered in Santa Monica, California, Macerich was founded in 1964 and focuses on high-barrier-to-entry markets in densely populated regions across the U.S., including the West Coast, Northeast, and Midwest. In recent developments, Macerich completed the acquisition of two regional malls from a strategic partner in late 2024, bolstering its portfolio with high-quality assets in key growth markets; announced a $500 million redevelopment plan for its flagship Scottsdale Fashion Square in early 2025 to introduce mixed-use elements like luxury residential and office components; and formed a joint venture with a leading institutional investor for the expansion of lifestyle offerings at multiple properties amid rising demand for omnichannel retail experiences. These initiatives reflect the company's strategic shift toward adaptive reuse and experiential retail to navigate e-commerce pressures and post-pandemic consumer trends. Macerich operates without notable subsidiaries or parent entities, serving major national retailers, luxury brands, and emerging experiential operators as primary customers.
Company News
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The Macerich Company (MAC) Q2 2026 Earnings Call Transcript