SANTA MONICA, Calif., Nov. 19 /PRNewswire/ -- The Macerich Company (NYSE: MAC) announced that $25 million of OP Units of the Macerich Partnership L.P. were redeemed for cash from various entities of a deceased unit holder. A total of 1,266,687 units were redeemed for cash at the Company's option in
SANTA MONICA, Calif., Nov. 11 /PRNewswire/ -- The Macerich Company (NYSE: MAC - news ) today announced results of operations for the third quarter ended September 30, 1999 and other news which included the following: Funds from operations (''FFO'') - diluted increased 32% for the third quarter of
SANTA MONICA, Calif., Nov. 10 /PRNewswire/ -- The Board of Directors of The Macerich Company (NYSE: MAC) declared a quarterly dividend of $0.51 per share of common stock to stockholders of record on November 19, 1999. This represents a 5.2% increase in the quarterly dividend.
SANTA MONICA, Calif., Nov. 2 /PRNewswire/ -- A subsidiary of The Macerich Company (NYSE: MAC) announced today that it acquired Santa Monica Place in Santa Monica, California from The Rouse Company (NYSE: RSE). Santa Monica Place is a 560,000 square foot regional mall located in Santa Monica,
SANTA MONICA, Calif., Nov. 2 /PRNewswire/ -- The Macerich Partnership, L.P. and Ontario Teachers' Pension Plan Board today announced that Lakewood Mall, Stonewood Mall and Los Cerritos Center were contributed to a joint venture owned approximately 51% by Macerich and 49% by Ontario Teachers'
SANTA MONICA, Calif., Oct. 6 /PRNewswire/ -- "We Make Good Things Happen," is the slogan of shopping malls owned and operated by the Macerich Company (NYSE: MAC). This month, the Southern California region will put the slogan to work with "Project Smile," a regional outreach initiative that allows
SANTA MONICA, Calif., Oct. 1 /PRNewswire/ -- Halloween brings out ghouls, goblins and lots of shoppers. In analyzing 1997-98 October sales results, Macerich Company (NYSE: MAC) identified Halloween as a key merchandising period. A national survey conducted by the Santa Monica, CA-based company
SANTA MONICA, Calif., Aug. 12 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced results of operations for the quarter ended June 30, 1999 which included the following: -- Funds from operations ("FFO") -- diluted increased 47% for the second quarter of 1999 compared to the second
SANTA MONICA, Calif., Aug. 11 /PRNewswire/ -- The Board of Directors of The Macerich Company (NYSE: MAC) declared a quarterly dividend of $.485 per share of common stock to stockholders of record on August 19, 1999. Based on yesterday's closing price of $23.625, the annualized dividend yield is
REDMOND, Wash., July 13 /PRNewswire/ -- On the heels of a recent international award, Redmond Town Center has been awarded its second arts award. The City of Redmond's Arts Commission named Redmond Town Center the 1999 Redmond Volunteer Arts Award recipient in the Patrons Division on July 6.
07/13/99
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.