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Mall owner Macerich ’s net operating income (NOI) and revenue were up annually in the third quarter of 2026 behind strong leasing and generally favorable conditions for owners of top-shelf brick-and-mortar retail. The…
Macerich has defaulted on the $325 million loan backing Fresno Fashion Fair after the decade-old, 3.67 percent debt matured Nov. 1, putting one of the mall owner's designated long-term keepers, not a castoff, on the w…
Macerich narrowed its third-quarter net loss to $16.7 million and pushed same-center income at its keeper malls up 4.7 percent, but its Northern California holdings told two very different stories, with Walnut Creek's…
Fashion firm Zara is more than doubling its footprint at a Southern California shopping center. The clothing retailer is expanding from 22,000 square feet to a 45,000-square-foot flagship opening next year at Macerich…
Macerich’s Petra Maruca says advertisers leverage the REIT’s spaces to engage consumers along the path to purchase.
Macerich has abandoned the RH luxury retail complex once planned for the vacant Neiman Marcus building at Walnut Creek's Broadway Plaza, with Chief Executive Officer Jackson Hsieh telling analysts the center is short…
“No one is building new regional malls, and roughly 90 percent of our go-forward NOI comes from Class A assets and the best retailers of the world.” So said Jackson Hsieh , president and CEO of Macerich , early on dur…
Santa Monica-based REIT raises its NOI ceiling and reports $1.3 billion in completed dispositions as record leasing momentum reshapes its Class A mall portfolio. Macerich is doubling down on the Class A mall thesis. T…