Quarterlytics / Real Estate / REIT - Retail / The Macerich Company

The Macerich Company

MAC · NYSE Real Estate
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Ticker MAC
Exchange NYSE
Sector Real Estate
Industry REIT - Retail
Employees 501-1000

Business description

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.

macerich.com/About
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Company facts
TickerMAC
ExchangeNYSE
Sector Real Estate
Industry REIT - Retail
Employees501-1000