Owner, operator, and developer of major retail properties in the United States.
The Macerich Company operates as a fully integrated, self-managed, and self-administered real estate investment trust (REIT), focusing on the comprehensive lifecycle of regional malls across the United States. The company's core activities include the acquisition, leasing, management, development, and redevelopment of prime retail properties. Currently, Macerich boasts ownership of 51 million square feet of real estate, predominantly comprising interests in 47 regional shopping centers.
Specializing in successful retail destinations, Macerich strategically positions its properties in some of the nation's most desirable and densely populated markets. The company maintains a significant presence along the West Coast, in Arizona, Shicago, and the Metro New York to Washington, DC corridor, ensuring its malls serve as vibrant hubs for local communities and premier shopping experiences.
Beyond its operational scope, Macerich is recognized as a leader in sustainability within the retail real estate sector. The company has consistently achieved top rankings, including holding the #1 position in the GRESB (Global Real Estate Sustainability Benchmark) North American Retail Sector for five consecutive years from 2015 to 2019. This commitment underscores Macerich's dedication to environmental stewardship and responsible corporate practices.
Headquartered in Santa Monica, California, The Macerich Company continues to leverage its expertise and market insights to drive innovation and value creation. With a proven track record of enhancing retail environments and promoting sustainable practices, Macerich remains poised for continued success in the dynamic real estate market.