MAC - Mergers and acquisitions

SANTA MONICA, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) (the "Company" or "Macerich"), a leading owner, operator and developer of major retail properties in top markets, today announced it has acquired Annapolis Mall, a Class A retail center totaling approximately 1.5 million square feet (1.2 million square feet owned) in Annapolis, MD for $260 million, plus the adjacent 13.1-acre vacant Sears parcel for $12 million. "Annapolis is exactly the kind of acquisition we said we would pursue," said Jackson Hsieh, President and Chief Executive Officer, Macerich. "It's located within a strong trade area with limited competition, the property is undergoing a signific

SANTA MONICA, Calif., June 24, 2025 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE:MAC) (the "Company" or "Macerich"), a leading owner, operator and developer of major retail properties in top markets, today announced the acquisition of Crabtree Mall, a market-dominant, Class A retail center totaling approximately 1.3 million square feet in Raleigh, NC for $290 million. "Crabtree checks all the boxes for pursuing opportunistic external growth with its strong traffic and sales, its market-dominant position in a high-growth market, the ability to drive improvements in permanent leasing and NOI as well as the accretion to our 2028 target FFO ranges under the Path Forward Plan," said Jack

SANTA MONICA, Calif., June 15, 2023 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced that in May, it acquired the remaining 50% interest in five former Sears boxes from joint venture partner Seritage Growth Properties. Each parcel is now wholly owned and controlled by Macerich. The five properties where these Sears boxes are located, all high-performing Regional Town Centers in the Macerich portfolio, include Danbury Fair (CT), Los Cerritos Center (CA), Washington Square (OR), Chandler Fashion Center (AZ) and Freehold Raceway Mall (NJ). Total GLA of the fi