Macerich

Macerich is a prominent real estate investment trust (REIT) focused on the acquisition, development, and management of high-quality retail properties throughout the United States. The company owns interests in 43 properties, encompassing approximately 47 million square feet of leasable area, primarily in major metropolitan markets. Macerich's portfolio includes regional shopping centers, mixed-use developments, and outlet centers, strategically located in densely populated and affluent areas.

The company's investment strategy centers on acquiring and enhancing properties with strong potential for value creation. Macerich actively redevelops and repositions its assets to meet evolving consumer preferences and retailer needs. This approach includes introducing new retail, entertainment, and dining options, as well as incorporating residential and office spaces to create vibrant, mixed-use environments. Notable redevelopment projects include the Green Acres Mall in Valley Stream, New York, and the Los Cerritos Center in Cerritos, California.

Macerich has demonstrated a commitment to sustainability and corporate responsibility, achieving the #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for nine consecutive years (2015–2023). The company emphasizes environmental stewardship, social responsibility, and sound corporate governance in its operations, aiming to create long-term value for shareholders, partners, and communities.