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.
The Macerich Company (NYSE: MAC) is a fully integrated, self-managed, self-administered REIT that owns, operates, and develops high-quality retail real estate in key U.S. markets. The news flow around Macerich reflects its role as an active owner of major retail centers and its ongoing communication with investors through earnings releases, portfolio transactions, and strategic updates.
On this page, readers can follow MAC news related to quarterly earnings results, conference call announcements, and investor presentations that provide financial and operating information about the company. Macerich regularly announces the timing of its earnings releases and webcasts, and posts supplemental materials that discuss its performance and portfolio.
Company news also highlights significant portfolio actions, such as the acquisition of large, Class A retail centers and the sale of existing properties. These announcements describe how new assets fit into Macerich’s focus on densely populated and attractive markets, and how dispositions align with broader plans for the portfolio and capital structure. In addition, news items may feature new anchor tenants at Macerich centers, illustrating leasing activity and the evolution of the tenant mix at specific properties.
Macerich’s communications frequently reference its dedication to environmental goals, social good, and sound corporate governance, as well as its long-running recognition in the Global Real Estate Sustainability Benchmark (GRESB) rankings for the North American retail sector. For investors and observers, this news page offers a centralized view of the company’s reported developments, from financial updates to property-level milestones, all drawn from official releases and regulatory disclosures.
The Macerich Company (NYSE: MAC) released its Third Quarter 2021 Earnings Results on November 3, 2021. The results are available on their investor relations website. A conference call discussing these results is scheduled for today at 10:00 am PT. Macerich, a leading real estate investment trust, operates 45 regional town centers across the U.S., focusing on attractive retail properties. The company has been recognized for its sustainability efforts, holding the top GRESB ranking in North American Retail for seven consecutive years.
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).