SANTA MONICA, Calif., March 5, 1998 -- The Macerich Company (NYSE: MAC) and Simon DeBartolo Group, Inc. (NYSE: SPG) today announced the closing of their acquisition of a portfolio of twelve regional malls. Affiliates of the companies formed a 50/50 joint venture to acquire the portfolio from the
(Santa Monica, CA), February 17, 1998 -- The Macerich Company (NYSE Symbol:MAC) announced today a 26% increase in Funds From Operations (FFO) per share to $.62 for the 4th quarter of 1997 compared to $.49 for the 4th quarter of 1996. FFO per share for the twelve months ended December 31, 1997 was
Santa Monica, CA.-- January 30, 1998 -The Board of Directors of The Macerich Company (NYSE Symbol: MAC) declared a quarterly dividend of $0.46 per share of common stock. The dividend is payable on March 5, 1998 to stockholders of record on February 9, 1998.
Indianapolis--December 29, 1997-- /PR Newswire/ -- Simon DeBartolo Group, Inc. [NYSE: SPG] and the Macerich Company [NYSE: MAC] today announced the formation of a 50/50 joint venture to acquire a portfolio of twelve regional malls. The seller is ERE Yarmouth on behalf of one of its pension fund
(Santa Monica, CA) December 19, 1997-A subsidiary of The Macerich Company (NYSE Symbol:MAC) has acquired The Citadel, a 1,094,000 square foot super regional mall in Colorado Springs, Colorado. The total purchase price of $108 million was funded by a concurrently placed loan of $75.6 million
SANTA MONICA, CA (11/14/97) - The Macerich Company (NYSE Symbol: MAC) today reported a restatement of its previously released results of operations for the quarter ended September 30, 1997 and for the nine months ended September 30, 1997. The restatement results from the correction of two
SANTA MONICA, CA (11/6/97) - The Macerich Company (NYSE Symbol: MAC) today announced today a 14 percent increase in Funds From Operations (FFO) per share to $.55 for the third quarter of 1997, compared to $.49 for the third quarter of 1996. FFO per share for the nine months ended September 30, 1997
(Santa Monica, CA), April 8, 1997-In a privately negotiated transaction, a subsidiary of The Macerich Company (NYSE Symbol:MAC) has acquired Stonewood Mall, a 927,000 square foot super regional mall. The mall is located in Downey, California, a suburb of Los Angeles, at the intersections of
SANTA MONICA, CA. (8/8/97) -- The Macerich Company (NYSE Symbol: MAC) today announced a 13 percent increase in Funds From Operations (FFO) per share to $.53 for the second quarter of 1997, compared to $.47 for the second quarter of 1996. FFO per share for the six months ended June 30, 1997 was
Santa Monica, CA.- August 6, 1997--The Board of Directors of The Macerich Company (NYSE Symbol: MAC) declared a quarterly dividend of $0.44 per share of common stock. The dividend is payable on September 9, 1997 to stockholders of record on August 18, 1997.
08/06/97
Corporate Responsibility Report
Our company is an industry leader in sustainability, and this report details our cross-disciplinary efforts to minimize our carbon footprint while maximizing our positive impact on our communities.
