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Macerich’s Market-Leading Washington Square Announces Four New Stores, Including First-To-Market UNTUCKit and Nespresso

June 21, 2017

FOR IMMEDIATE RELEASE

Media Contact:  Rebecca Lesley, Senior Marketing Manager,
Rebecca.Lesley@Macerich.com, 503-639-8865

MACERICH’S MARKET-LEADING WASHINGTON SQUARE ANNOUNCES FOUR NEW STORES,
INCLUDING FIRST-TO-MARKET UNTUCKIT AND NESPRESSO

-Plus Six Retailers Opening Remodeled/Expanded Stores at the Property This Summer-   

TIGARD, Ore., June 21, 2017 – Washington Square, part of the Macerich (NYSE:MAC) portfolio of one-of-a-kind retail properties in top markets, today announced four new names joining the retail roster this summer: First-to-market UNTUCKit and Nespresso stores, plus TUMI and fast-casual restaurant Costa Vida, which recently opened at the adjacent Square Too.

In addition to these four new retailers, six other top names are investing in their stores at Washington Square. These include: Soma, Chico’s and White House|Black Market, all of which have remodeled and re-opened earlier this month. Additionally, PINK is relocating into a larger space and is set to open on June16; Victoria’s Secret is expanding and re-opening later this summer; and Bath and Body Works also is remodeling its Washington Square store.

“With today’s announcement of four new retail names, plus six renovated or expanded stores, we continue to demonstrate that Washington Square is an essential location for retailers in the greater Portland area,” said Rebecca Lesley, Senior Marketing Manager, Washington Square. “Our market-leading property offers an always-evolving selection of retail names and experiences that appeal to shoppers, including clicks-to-bricks locations for exciting brands born online, such as UNTUCKit and Nespresso, plus the recently opened Amazon Books and Blue Nile.” 

About the four new retailers:

• UNTUCKit is one of the fastest-growing apparel brands in the United States. Focused on delivering better fitting and better looking casual shirts for men designed to be worn untucked, UNTUCKit launched its online retail business in 2011. In September 2015, UNTUCKit opened its first store in New York City. The UNTUCKit product line today includes button-down shirts, polos, tee shirts, henleys, vests, sweatshirts, outerwear and sport coats. The new Portland-area store at Washington Square will be the brand’s 10th brick-and-mortar location.
• Nespresso, the worldwide pioneer in premium, single-serve coffee, provides coffee lovers with the Ultimate Coffee Experience at retail boutiques. Guests can taste and explore high-quality Nespresso coffees, experience the innovative and beautifully designed Nespresso machines and enjoy unmatched customer service from Coffee Specialists. The full line of Nespresso products, including OriginalLine and Vertuo™ machines, accessories and coffee will be available for purchase.
• TUMI since 1975 has been creating world-class business and travel essentials, designed to upgrade, uncomplicate, and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we're committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions.
• Costa Vida is a fast-casual restaurant whose fresh cuisine is inspired by coastal Mexico.

The state’s premier shopping destination, the more than 1.4 million square-foot Washington Square is anchored by Oregon’s largest Nordstrom, plus Macy’s, JCPenney, Sears and DICK’s Sporting Goods, and features more than 170 exciting shops and dining choices. Washington Square also offers its guests a broad range of appealing amenities – from electric vehicle charging stations, free Wi-Fi and a popular play area for children to Currency Exchange and Text Concierge, which offers immediate, personalized responses to shopper questions via text. For more information, visit www.shopwashingtonsquare.com or follow us on Facebook, Twitter and Instagram to receive the most up-to date information. Connect with us immediately by texting the team at 503-908-3000.

About Macerich

Macerich (NYSE:MAC), an S&P 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

Macerich currently owns 54 million square feet of real estate consisting primarily of interests in 48 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the Pacific Rim, Arizona, Chicago, and the Metro New York to Washington, D.C. corridor. Additional information about Macerich can be obtained from the Company's website at www.macerich.com.

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