Macerich Company (The)

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Macerich Company (The)

The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with three power centers and sevenother real estate assets. The company's total portfolio has 46.3 million square feet of gross leasable area and averaged $836 sales per square foot over the 12 months ended in December 2023.