Company
The Macerich Company
Headquarters: Santa Monica, CA, United States
Founded: 1964
Employees: 639
CEO: Mr. Thomas E. O'Hern CPA
Market Cap
$3.36 Billion
USD as of Jan. 1, 2024
The Macerich Company Categories
United States Real Estate REIT—RetailUnited States Real Estate United States REIT—Retail
Top Competitors by Market Capitalization
Industry: REIT—Retail
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $120.60 B |
| American Tower | $100.44 B |
| Equinix, Inc. (REIT) | $74.75 B |
| MAS Real Estate, Inc. | $65.45 B |
| Public Storage | $53.43 B |
Detailed Description
Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 Â 2019).
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Stocks & Indices
The Macerich Company has the following listings and related stock indices.
Stock: NYSE: MAC wb_incandescent
Stock: BMV: MAC wb_incandescent
Stock: FSX: M6G wb_incandescent
Key People
Founder(s): Mace Siegel Richard Cohen
Steven Hash (Chairman of the Board) Thomas O' Hern (CEO) Edward Coppola (President) Scott Kingsmore (CFO)
Financials
Revenue: $786 million (2020)
Net income: -$230 million (2020)
Total assets: $9.184 billion (2020)
Total equity: $2.445 billion (2020)