The Macerich Company is an S&P 500 company that invests in high-quality shopping malls. They own a total of 44 malls, five power centers, and six other real estate assets. Their combined floor space is 46.5 million square feet and they had an average of $869 in sales per square foot over the last 12 months, ending in December 2022.
Macerich has become a leader in the real estate industry, owning and developing some of the most well-known malls in major U.S. markets. They focus on adding value to their Class A assets by incorporating innovative uses and experiences into their portfolio. This forward-thinking approach is also evident in their commitment to environmental sustainability. Macerich is a fully integrated, self-managed, and self-administered REIT. This focus on excellence has earned them a number-one ranking by GRESB in U.S. Retail and Retail Centers.
The Macerich Company strives to be an industry leader that provides customers with the best shopping experience possible while also creating sustainable and forward-thinking properties. Their dedication to quality real estate investments makes them an attractive option for investors looking to make long-term investments in the retail industry. In addition, their commitment to environmental sustainability ensures that they are investing not just in their bottom line but also in a better future for everyone. Investing with Macerich is an investment in the future.
With a focus on quality, innovation, and sustainability, Macerich is an ideal choice for investors looking to make smart investments with long-term growth potential. From premium malls and power centers to other real estate assets, they have something for everyone. With their impressive portfolio of high-end retail destinations across the U.S., Macerich is sure to be a great investment option for years to come. Invest in the future – invest with Macerich.