Macerich | Company Profile - Revenue, Headcount, Tech Stack, Contacts
The Macerich Company is a real estate investment trust (REIT) that specializes in owning, operating, and developing high-quality retail real estate in densely populated U.
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Overview
The Macerich Company is a real estate investment trust (REIT) specializing in owning, operating, and developing high-quality retail real estate in densely populated U.S. markets. Headquartered in Santa Monica, California, it manages a portfolio of 39 retail centers totaling 42 million square feet. The focus is on creating community cornerstones through redevelopment and the integration of experiential retail elements, including dining and entertainment.
Founded in 1964, the company has demonstrated a history of growth and transformation, beginning with the acquisition of its first shopping mall in 1972. It excels in acquiring, leasing, managing, and redeveloping retail properties, turning underperforming spaces into vibrant centers. With a strong commitment to sustainability, Macerich has been recognized for leadership in the Global Real Estate Sustainability Benchmark for North American retail for ten consecutive years.
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