Macerich: A Leading REIT in the U.S. Real Estate Market California-based Macerich is a prominent name in the U.S. real estate industry, known for its well-developed and well-managed retail properties in prime locations. The fully integrated, self-managed, and self-administered real estate investment trust (REIT) operates across densely populated regions in the US, including the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. With its focus on developing and managing properties that serve as community hubs, Macerich has established itself as a major player in the sector. It currently owns 47 million square feet of real estate, comprising interests in 44 regional town centers, many of which feature mixed-use elements. Macerich is committed to responsible business practices, prioritizing environmental conservation, social responsibility, and sound corporate governance. Its sustainability efforts have not gone unnoticed, earning the company a #1 GRESB ranking for US Retail, Retail Centers - a significant achievement that highlights its industry leadership. As a leading real estate brand, Macerich continues to invest in properties that meet the evolving needs of communities across the US, cementing its reputation as a trusted player in the REIT market.
The Macerich Company's ticker is MAC
The company's shares trade on the NYSE stock exchange
They are based in Santa Monica, California
There are 501-1000 employees working at The Macerich Company
It is macerich.com/About
The Macerich Company is in the Real Estate sector
The Macerich Company is in the REIT - Retail industry
The following five companies are The Macerich Company's industry peers:
- Alpine Income Property Trust