Welcome to our dedicated page for Macerich news (Ticker: MAC), a resource for investors and traders seeking the latest updates and insights on Macerich stock.
Macerich (NYSE: MAC), a leading retail-focused real estate investment trust (REIT), provides investors and industry professionals with timely updates through this centralized news hub. Track official press releases, financial disclosures, and strategic developments related to the company’s portfolio of premium regional malls and urban retail properties.
This resource offers critical insights into Macerich’s operational milestones, including leasing activity, property redevelopments, and financial performance. Users gain access to verified information on earnings announcements, leadership updates, and market expansion initiatives across key regions like California, New York, and Washington, D.C.
For consistent monitoring of MAC’s retail real estate strategies, bookmark this page or visit regularly. All content is sourced directly from the company and reputable financial publications to ensure accuracy and compliance with regulatory standards.
Macerich (NYSE: MAC) announced the opening of a new Target store at Kings Plaza in Brooklyn, occupying a 90,000-square-foot space formerly held by JCPenney. This addition enhances Kings Plaza's status as the largest enclosed retail shopping center in Brooklyn and reflects a resurgence in local in-person shopping. The new Target joins other notable anchor replacements across Macerich's East Coast properties, including Primark and Scheel's All Sports. Macerich, a leading retail and mixed-use property owner, manages 49 million square feet across 45 centers, focusing on prime markets.
The Board of Directors of the Macerich Company declared a quarterly cash dividend of $.15 per share of common stock. This dividend will be paid on December 3, 2021 to stockholders of record by the close of business on November 9, 2021. Macerich is a self-managed real estate investment trust (REIT) focused on regional malls in the U.S., owning 49 million square feet across 45 shopping centers. The company has achieved #1 GRESB ranking in the North American Retail Sector for sustainability for seven consecutive years.
Macerich (NYSE: MAC) has been ranked #1 in GRESB's U.S. retail sector for the seventh consecutive year. In addition to its leadership in the U.S., Macerich secured the top spot for retail in the Americas and achieved a score of A for disclosure. This recognition highlights Macerich's commitment to sustainability and operational excellence. The company aims for carbon neutrality by 2030, as detailed in its June 2021 Corporate Responsibility Report, emphasizing strong environmental, social, and governance (ESG) performance.
Macerich has announced the schedule for its Third Quarter 2021 Earnings Release on November 3, 2021, before the market opens. A conference call will take place at 10:00 AM PT to discuss the results. Investors can listen live via a webcast on the company's website. A replay of the call will be available for 90 days following the event. Macerich, a self-managed REIT, owns 49 million square feet of real estate and has been recognized for sustainability excellence.
Macerich (NYSE: MAC) announced the launch of QuikSpace, a new digital platform aimed at simplifying short-term retail leasing. This platform offers one-click lease execution for terms up to 12 months, along with tools for account management and payment processing. Currently operational at six Macerich properties, QuikSpace will be rolled out portfolio-wide in early 2022. The initiative, in partnership with Yardi, aims to improve tenant engagement and streamline the leasing process, making it as effortless as booking a vacation home.
Macerich (NYSE: MAC) announced the sale of La Encantada, a retail asset in Tucson, AZ, for $165.3 million on September 17, 2021, generating approximately $100 million in liquidity. This transaction follows the sale of 95% of Paradise Valley Mall in March 2021, which brought in around $95 million. Combined, these non-core asset sales have generated over $200 million of liquidity in 2021. The company is also working on a land and pad sale program aimed at producing an additional $100 million from 2021 to 2023.
Macerich (NYSE:MAC) will present at the BofA Securities 2021 Global Real Estate Conference taking place virtually from September 21-23, 2021. Key executives, including Tom O'Hern, Scott Kingsmore, and Doug Healey, will participate in a live roundtable on September 22, 2021 at 12:00 pm EST. The presentation will be streamed live and archived for replay until December 22, 2021. Macerich focuses on regional mall management and leasing, owning 50 million square feet across 46 shopping centers.
The Macerich Company (NYSE: MAC) reported its Second Quarter 2021 Earnings Results on August 4, 2021. Investors can find the full report on the Company's website. Management is set to discuss the results in a conference call at 10:00 AM PT. Macerich operates 46 regional shopping centers, owning 50 million square feet of real estate primarily in attractive markets on the West Coast and the East Coast. The Company has achieved a #1 ranking in sustainability in the North American Retail Sector for six consecutive years.
The Macerich Company (NYSE: MAC) announced a quarterly cash dividend of $.15 per share, payable on September 8, 2021, to stockholders of record by the close of business on August 19, 2021.
As a real estate investment trust (REIT), Macerich specializes in the acquisition, management, and development of regional malls across the United States, owning 50 million square feet of real estate, primarily in 46 shopping centers. The company has also achieved notable recognition for sustainability, holding the #1 GRESB ranking in North American Retail for six consecutive years (2015-2020).
Macerich (NYSE: MAC) has announced the schedule for its second quarter 2021 earnings release, set to take place before market open on August 4, 2021. A conference call will follow at 10:00 am PT to discuss the results. Interested parties can access a live webcast on the company's website. Macerich, a leading real estate investment trust, manages and redevelops regional malls across the U.S., owning approximately 50 million square feet of retail real estate.
FAQ
What is the current stock price of Macerich (MAC)?
What is the market cap of Macerich (MAC)?
