Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Macerich: ‘We Are in a Much Better Place Than Many Think’

By
As retailers’ sales start to reach 90 percent of pre-Covid levels, shopping mall owner Macerich has seen interest in new leases grow.
The Macerich Co. welcomed a new Amazon Books and Tempur-Pedic at its FlatIron Crossing mall in Broomfield, Colo., this quarter.
CREDIT: Brennan Linsley/AP Photo

When it comes to sustainability, there is no way forward without a plan. Attend our in-person “Sustainability Summit: Road to 2030” June 1 in NYC. Learn from the industry’s best and brightest, and network to create those necessary partnerships!

Register

While rival shopping mall owners file for bankruptcy and cut jobs, The Macerich Co. appears to be recovering. Speaking on a call with investors Thursday, CEO Tom O’Hern acknowledged that the mall REIT, which owns 51 million square feet across 47 properties, experienced a “challenging” Q3. “The second quarter was an extremely unique quarter, and…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!

Sourcing Journal is a part of Penske Media Corporation. © 2022 Sourcing Journal Media, LLC. All Rights Reserved.

ad