Last $88.94 USD
Change Today -1.00 / -1.11%
Volume 695.9K
MAC On Other Exchanges
New York
As of 8:04 PM 01/23/15 All times are local (Market data is delayed by at least 15 minutes).

macerich co/the (MAC) Snapshot

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52 Week High
01/23/15 - $90.63
52 Week Low
01/29/14 - $55.21
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macerich co/the (MAC) Details

The Macerich Company is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. The Macerich Company was founded in 1964 and is headquartered in Santa Monica, California.

980 Employees
Last Reported Date: 02/21/14
Founded in 1965

macerich co/the (MAC) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $992.3K
President and Director
Total Annual Compensation: $800.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $550.0K
Executive Vice President of Leasing
Total Annual Compensation: $500.0K
Chief Legal Officer, Senior Executive Vice Pr...
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2013.

macerich co/the (MAC) Key Developments

The Macerich Company Elects John Sullivan as Director

On November 14, 2014, the Board of Directors of The Macerich Company increased the number of directors to twelve and elected John Sullivan to serve as a director until the next annual meeting of stockholders and until his successor is duly elected and qualifies. Mr. Sullivan is the President and Chief Executive Officer of The Cadillac Fairview Corporation Limited.

Pennsylvania Real Estate Investment Trust and Macerich Open Century 21 Department Store in Philadelphia

Pennsylvania Real Estate Investment Trust and The Macerich Company have announced the opening of The Gallery's new anchor tenant, Century 21 Department Store, in approximately 95,000sqft on the corner of eighth and Market Streets in Philadelphia. As The Gallery prepares for its upcoming, highly-anticipated redevelopment, the opening of the Century 21 Department Store highlights the trendy, popular retailers that will be offered in the coming years at the iconic Philadelphia site, owned in a 50/50 JV between PREIT and MAC.

Lennar Corp. and Macerich Announce a Joint Venture Partnership

Lennar Corp. and Macerich announced a joint venture partnership to develop a 500,000 square-foot urban outlet project that will anchor an entirely new and vibrant community at Candlestick Point. Lennar and Macerich are 50/50 partners on the urban outlet portion of the mixed-use development. Today's announcement continues Lennar's commitment to the community and the ongoing transformation of Candlestick Point and The San Francisco Shipyard. The Candlestick project is expected to create more than 3,000 permanent jobs and deliver more than 6,000 homes.


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