Macerich
Macerich Sells Phoenix Mall Set for Major Redevelopment
The firm will retain a 5 percent interest in the 6.5 million-square-foot project.
Phoenix Megaproject Closer to Groundbreaking
The city council gave the nod to the 6.5 million-square-foot project proposed by Macerich and RED Development.
Macerich Lands $540M Refi for Kings Plaza in Brooklyn
The company has aggressively updated and re-tenanted the 1 million-square-foot regional center since it purchased the property in 2012.
Google Unveils Office Makeover for West LA Mall
The tech juggernaut is leasing 584,000 square feet at the former Westside Pavilion, which will be repurposed as an office property by Hudson Pacific Properties and Macerich.
Simon, Macerich to Develop LA-Area Retail Project
The 566,000-square-foot outlet center in Carson, Calif., will be constructed in two phases and is expected to open in fall 2021.
MetLife, State Street Team Up in $2B Co-Lending Deal
The multi-year partnership marks State Street’s debut in CRE financing. The co-lending program will be targeting a variety of product types nationwide, including office, industrial, multifamily, retail and hospitality assets.
MetLife Provides $450M for SF Bay Area Retail Asset
Borrowers The Macerich Co. and Northwestern Mutual utilized the 960,000-square-foot Broadway Plaza in Walnut Creek as collateral for the 12-year fixed-rate loan.
Lamar Acquires 550 KSF Phoenix-Area Shopping Center
In partnership with Real Capital Solutions, the company purchased a segment of Promenade at Casa Grande, a 1 million-square-foot retail property in Casa Grande, Ariz.
JV to Transform LA Mall into Office Property
Hudson Pacific Properties and Macerich will redevelop 500,000 square feet of Westside Pavilion into creative office space, reserving 100,000 square feet for its existing entertainment retail space.
Macerich Snags $86M for Chicago Office Asset
Located at 500 N. Michigan Ave., the 326,000-square-foot tower features 24 floors and last underwent cosmetic renovations in 2009. The property is situated adjacent to Macerich’s The Shops at North Bridge.
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