Macerich Company (NYSE: MAC) — Company Overview, News & Financial Data
Macerich focuses on major retail properties, enhancing shopping experiences with top-brand environments across the US.
Macerich Company
Macerich Company is a self-managed real estate investment trust focused on the acquisition, leasing, management, development, and redevelopment of regional shopping centers throughout the United States. The company's portfolio features prominent retail, dining, and entertainment destinations situated in densely populated, high-barrier-to-entry metropolitan areas across the West, East, and Southwest regions. Key assets include major regional shopping malls and lifestyle centers designed to attract national retailers, department store anchors, digitally native brands, and mixed-use commercial space. Operations are centered on generating rental income, optimizing occupancy rates, and continually modernizing property infrastructure to enhance long-term portfolio performance and consumer engagement.
Snapshot
Operations
Products and/or services of Macerich Company
- Shopping Center Operations: Leasing and managing regional shopping malls across major metropolitan markets, providing retail floor space to department store anchors, national fashion apparel chains, digitally native brands, and high-foot-traffic specialty stores across the United States.
- Outlet & Specialty Retail: Operating regional outlet destinations and open-air shopping centers, including Fashion Outlets of Chicago in Rosemont, Illinois, and Fashion Outlets of Niagara Falls, New York, featuring manufacturer outlet stores and regional shopping infrastructure.
- Mixed-Use & Office Leasing: Developing and leasing integrated office buildings, residential apartments, and hotel space adjoining flagship shopping centers, such as the multi-use complex at Tysons Corner Center in Virginia, to diversify commercial property income.
- Brand & Media Sponsorships: Capitalizing on property foot traffic through on-site media networks, experiential brand activations, pop-up kiosks, temporary inline retail spaces, and digital outdoor advertising opportunities positioned throughout high-traffic interior common areas and outdoor plazas.
- Property Redevelopment & Densification: Executing architectural modifications and anchor space redevelopments, such as introducing large-format sporting goods tenants and fresh grocery concepts to modern multi-use property layouts across regional centers like Chandler Fashion Center and Washington Square.
- Short-Term & Specialty Leasing: Providing flexible temporary retail spaces, carts, kiosks, and pop-up locations within shopping centers to emerging digital-native retailers, seasonal concepts, local businesses, and short-term vendors seeking turn-key commercial spaces.
Macerich Company executive team
- Mr. Jackson HsiehPresident, CEO & Director
- Mr. Daniel E. Swanstrom IICFO, Treasurer & Senior EVP
- Ms. Ann C. Menard J.D.Senior EVP, Chief Legal Officer & Secretary
- Mr. Douglas J. HealeySenior EVP & Head of Leasing
- Mr. Christopher J. ZecchiniSenior VP & Chief Accounting Officer
- Mr. Tom BirdsallSenior Vice President of Information Technology
- Alexandra JohnstoneVice President of Finance & Investor Relations
- Mr. Kurt IveySenior Vice President of Marketing
- Mr. Robert F. BeffaSenior Vice President of Real Estate
- Ms. Olivia Bartel LeighExecutive Vice President of Enterprise Operations