The Macerich Company

Real estate trust owning and operating large U.S. shopping centers

What Macerich does

Macerich owns, runs, and develops large shopping centers in busy, well-populated U.S. areas. Its properties are mostly in California, the Pacific Northwest, Phoenix/Scottsdale, and the stretch from New York to Washington, D.C. It holds interests in 38 retail centers totaling about 40 million square feet.

How Macerich makes money

As a retail REIT, Macerich earns money mainly by leasing space in its shopping centers to retailers and other tenants and collecting rent. It also creates value by developing and redeveloping its properties.

Products & services

• Regional shopping centers
• Retail space leasing
• Property management and operations
• Retail real estate development and redevelopment