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Mall Operators Have ‘Reasons to Be Optimistic’

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Mall operators are upbeat about the retail outlook over the next year. The Macerich Co.: “We find a lot of reasons to be optimistic,” CEO Tom O’Hern said in a Wall Street conference call. In a Nutshell: Macerich reported an 88 percent occupancy rate for the recent quarter, slightly lower than the 92 percent rebound…

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