News In the headlines.

Macerich Announces Quarterly Results

Increases 2015 FFO per share Guidance Range SANTA MONICA, Calif. , April 29, 2015 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended March 31, 2015 , which included funds from operations ("FFO") diluted of $133 .5 million or $.79 per

April 29, 2015

Macerich Declares The Quarterly Dividend On Its Common Shares

SANTA MONICA, Calif. , April 24, 2015 /PRNewswire/ -- The Board of Directors of The Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.65 per share of common stock.  The dividend is payable on June 5, 2015 to stockholders of record at the close of business on May 8, 2015 .

April 24, 2015

PREIT and Macerich Announce Plan to Redevelop and Rebrand The Gallery in Philadelphia

PHILADELPHIA , April 15, 2015 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust PREIT (NYSE: PEI ) and The Macerich Company (NYSE: MAC ) (the "Partnership") today announced that they have reached a tentative agreement with the City of Philadelphia on a redevelopment and re-branding of the

April 15, 2015

Hyatt Regency Tysons Corner Center Officially Opens

CHICAGO--( BUSINESS WIRE )-- Hyatt Hotels Corporation (NYSE: H) and Macerich (NYSE: MAC) today announced the opening of Hyatt Regency Tysons Corner Center , the first new-build, full-service hotel in Tysons Corner to open in more than 20 years. The 18-story, 300-room Hyatt Regency hotel is designed

April 14, 2015

Macerich Schedules First Quarter 2015 Earnings Release And Conference Call

SANTA MONICA, Calif. , April 2, 2015 /PRNewswire/ -- WHAT : Macerich (NYSE: MAC) Schedules First Quarter 2015 Earnings Release WHEN: Earnings Results will be released after the market closes on Wednesday, April 29, 2015 .   Management will hold a conference call at 10:30 am Pacific Time ( 1:30 pm

April 2, 2015

Board of Directors Unanimously Rejects Revised, Unsolicited Proposal from Simon Property Group

SANTA MONICA, Calif. , March 31, 2015 /PRNewswire/ -- The Macerich Company (NYSE: MAC) (" Macerich " or "the Company") today announced that its Board of Directors unanimously rejected Simon Property Group, Inc.'s (NYSE: SPG) (" Simon Property Group ") revised, unsolicited proposal to acquire the

March 31, 2015

The Macerich Company Confirms Receipt of Revised, Unsolicited Proposal from Simon Property Group

Advises Stockholders to Take No Action Pending Review by the Macerich Board of Directors SANTA MONICA, Calif. , March 20, 2015 /PRNewswire/ -- The Macerich Company (NYSE: MAC) (" Macerich " or "the Company") today confirmed that it has received a revised, unsolicited proposal from Simon Property

March 20, 2015

Macerich's Fashion Outlets of Chicago Earns Prestigious MAPIC Award as Best Outlet Centre in the World in 2014

-Macerich's Unique and Irreplaceable Outlet Property Also Honored as ICSC's 2014 U.S. Design and Development Gold Recipient- SANTA MONICA, Calif. , March 19, 2015 /PRNewswire/ --  Macerich (NYSE: MAC) has announced that its Fashion Outlets of Chicago was selected as the 2014 Best Factory Outlet

March 19, 2015

Macerich Board Announces Governance Changes to Protect Stockholder Value

SANTA MONICA, Calif. , March 17, 2015 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced that its Board of Directors unanimously approved two governance changes to ensure that all stockholders have the opportunity to realize the long-term value of their investment in the Company and

March 17, 2015

The Macerich Company Board of Directors Unanimously Rejects Unsolicited, Conditional Proposal from Simon Property Group

Simon Proposal Substantially Undervalues Macerich, its Portfolio of Irreplaceable Assets and its Development Pipeline SANTA MONICA, Calif. , March 17, 2015 /PRNewswire/ -- The Macerich Company (NYSE: MAC) (" Macerich " or "the Company") today announced that its Board of Directors, after consulting

March 17, 2015

The Macerich Company Confirms Receipt of Unsolicited, Conditional Proposal from Simon Property Group

Advises Stockholders to Take No Action Pending Review by the Macerich Board of Directors SANTA MONICA, Calif. , March 9, 2015 /PRNewswire/ -- The Macerich Company (NYSE: MAC) (" Macerich " or "the Company") today confirmed that it has received an unsolicited, conditional proposal from Simon

March 9, 2015

Macerich To Present At Citi 2015 Global Property CEO Conference

SANTA MONICA, Calif. , March 2, 2015 /PRNewswire/ -- Macerich® (NYSE: MAC), today announced that Art Coppola , CEO and Chairman of the Board of Directors, Ed Coppola , President and Tom O'Hern , Senior Executive Vice President and Chief Financial Officer will participate in the Citi 2015 Global

March 2, 2015

Macerich Announces Century 21 Department Store To Open At Green Acres Mall In Fall 2015

-Iconic Department Store to Occupy Approximately 70,000 Square Feet on Two Levels- SANTA MONICA, Calif. , Feb. 12, 2015 /PRNewswire/ --  Macerich (NYSE: MAC) announced today that Century 21 Department Store will open an approximately 70,000-square-foot, two-level store at Green Acres Mall in Valley

February 12, 2015

Macerich Announces Quarterly Results And 2015 Earnings Guidance

SANTA MONICA, Calif. , Feb. 4, 2015 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC) today announced results of operations for the quarter ended December 31, 2014 which included funds from operations ("FFO")  diluted of $158 .8  million or $.99 per share-diluted compared to $140.6  million

February 4, 2015

Macerich Declares The Quarterly Dividend On Its Common Shares

SANTA MONICA, Calif. , Jan. 30, 2015 /PRNewswire/ -- The Board of Directors of The Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.65 per share of common stock.  The dividend is payable on March 6, 2015 to stockholders of record at the close of business on February 20, 2015 .

January 30, 2015

Macerich Brings Big Brands, Big Crowds To Arizona's Dominant Scottsdale Fashion Square Mall With Fan Fest Scottsdale

-ESPN to Broadcast Live from Scottsdale Fashion Square Site for Full Week Leading up to the Big Game- SANTA MONICA, Calif. , Jan. 22, 2015 /PRNewswire/ --  Macerich (NYSE: MAC) today announced a large-scale, week-long public event, Fan Fest Scottsdale at Scottsdale Fashion Square , Jan. 26-Feb.

January 22, 2015

Macerich's Tysons Tower Named 2014 Best Building By NAIOP In Northern Virginia

-LEED® Gold-certified Office Tower More Than 80% Leased- SANTA MONICA, Calif. , Jan. 15, 2015 /PRNewswire/ --  Macerich (NYSE: MAC) today announced its trophy 22-story Tysons Tower has earned an Award of Excellence from the Northern Virginia Chapter of NAIOP , the Commercial Real Estate Development

January 15, 2015

Macerich Announces Tax Treatment Of 2014 Dividends

SANTA MONICA, Calif. , Jan. 14, 2015 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced the tax treatment for dividend distributions taxable in 2014 on its Common Stock. The 2014 dividend of $2.51 per share is classified for income tax purposes as follows: The Macerich Company ,

January 14, 2015

Macerich Schedules Fourth Quarter 2014 Earnings Release And Conference Call

SANTA MONICA, Calif. , Jan. 8, 2015 /PRNewswire/ -- WHAT : Macerich (NYSE: MAC) Schedules Fourth Quarter 2014 Earnings Release WHEN: Earnings Results will be released after the market closes on Wednesday, February 4 , 2015.  Management will hold a conference call at 10:30 a.m.

January 8, 2015

Macerich Earns 2014 Chicago NAIOP Award For Addition Of Eataly To The Shops At North Bridge As Best Retail Or Mixed-Use Development Of The Year

-Macerich Announces Acquisition of 65,000-Square-Foot Site Next to The Shops at North Bridge- SANTA MONICA, Calif. , Dec. 11, 2014 /PRNewswire/ --  Macerich (NYSE: MAC) announced today that Eataly at The Shops at North Bridge has been named 2014 Best Retail or Mixed-Use Development of the Year by

December 11, 2014

Macerich Increases Ownership In Five Top Super Regional Malls To 100% Through Common Stock For Asset Exchange With Joint Venture Partner Ontario Teachers' Pension Plan Board

- Consolidates ownership in irreplaceable assets, including Queens Center and Washington Square . - Total consideration includes $673 million of assumed debt and $1.2 billion of common stock issued to JV partner Ontario Teachers' Pension Plan Board. SANTA MONICA, Calif. , Nov.

November 17, 2014

Lennar Announces Launch of Redevelopment of Candlestick Park in San Francisco

Partners with Macerich on Innovative 500,000 Square-Foot Urban Outlet Project to Anchor Property Development to create more than 6,000 new homes, 3,000 permanent jobs SAN FRANCISCO , Nov. 17, 2014 /PRNewswire/ -- Lennar Corp. (NYSE: LEN), one of the nation's leading homebuilders, and Macerich 

November 17, 2014

Macerich To Host Investor Day

SANTA MONICA, Calif. , Nov. 13, 2014 /PRNewswire/ -- Macerich® (NYSE: MAC) invites investors and the general public to a live webcast of the Macerich Investor Day taking place on Tuesday, November 18 , 2014. The live audio-only webcast will be available from approximately 8:30 am to noon Pacific

November 13, 2014

Macerich Increases Ownership in Fashion Outlets of Chicago to 100%

SANTA MONICA, Calif. , Nov. 12, 2014 /PRNewswire/ -- The Macerich Company (NYSE Symbol: MAC) today announced the acquisition of joint venture partner AWE Talisman's 40% stake in Fashion Outlets of Chicago for $70 million .  With this purchase, Macerich fully consolidates ownership of the

November 12, 2014

Macerich Honored as NAREIT's 2014 Retail Leader in the Light

-Adds to the Company's recent GRESB Green Star 2014 award and LEED® Gold designation for Tysons Tower SANTA MONICA, Calif. , Nov. 11, 2014 /PRNewswire/ -- Macerich (NYSE: MAC) today announced a trio of major environmental awards, highlighted by the 2014 Retail "Leader in the Light" Award from the

November 11, 2014