Company The Macerich Company

Equities

MAC

US5543821012

Commercial REITs

Delayed Nyse 04:00:02 2024-03-28 pm EDT 5-day change 1st Jan Change
17.23 USD +0.82% Intraday chart for The Macerich Company -0.06% +11.67%

Business Summary

The Macerich Company is a self-administered and self-managed real estate investment trust (REIT). The Company conducts its operations through The Macerich Partnership, L.P. (the Operating Partnership). The Company is focused on the acquisition, ownership, development, redevelopment, management, and leasing of regional and community/power shopping centers located throughout the United States. The Company, through its operating partnership, owns ownership interests in approximately 46 million square feet of real estate, consisting primarily of 43 regional town centers, three community/power shopping centers and one redevelopment property. The property management, leasing and redevelopment of the Company's portfolio is provided by the Company's management companies, including Macerich Property Management Company, LLC, Macerich Management Company, Macerich Arizona Partners LLC, Macerich Arizona Management LLC, MACW Mall Management, Inc., and MACW Property Management, LLC.

Number of employees: 655

Sales per Business

USD in Million2022Weight2023Weight Delta
Leasing
91.5 %
801 93.2 % 809 91.5 % +1.06%
Other
5.1 %
30 3.5 % 45 5.1 % +49.02%
Management Companies
3.4 %
29 3.3 % 30 3.4 % +5.87%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
859 100.0 % 884 100.0 % +2.90%

Managers

Managers TitleAgeSince
Founder 69 -
Director of Finance/CFO 56 95-12-31
Chief Operating Officer - 05-09-30
Chief Tech/Sci/R&D Officer - 02-06-30
Chief Tech/Sci/R&D Officer - 99-12-31
Director/Board Member 68 92-12-31
Investor Relations Contact - 12-03-31
Corporate Officer/Principal - 12-01-31
Corporate Officer/Principal - 17-08-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 21-12-31
Chairman 59 15-05-27
Director/Board Member 62 18-05-08
Founder 69 -
Director/Board Member 68 92-12-31
Director/Board Member 50 18-05-31
Director/Board Member 58 13-01-12
Director/Board Member 52 18-05-31
Director/Board Member 63 22-05-26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 215,720,093 214,255,395 ( 99.32 %) 0 99.32 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
17.44 %
37,624,519 17.44 % 617 M $
Vanguard Fiduciary Trust Co.
15.98 %
34,478,278 15.98 % 566 M $
Smead Capital Management, Inc.
9.505 %
20,504,170 9.505 % 336 M $
14,365,906 6.660 % 236 M $
JPMorgan Investment Management, Inc.
2.520 %
5,436,700 2.520 % 89 M $
Geode Capital Management LLC
2.345 %
5,057,883 2.345 % 83 M $
Charles Schwab Investment Management, Inc.
2.158 %
4,654,465 2.158 % 76 M $
Ameriprise Financial Services LLC
1.495 %
3,225,950 1.495 % 53 M $
Dimensional Fund Advisors LP
1.441 %
3,107,606 1.441 % 51 M $
Letko Brosseau Investment Management, Inc.
1.440 %
3,106,715 1.440 % 51 M $

Company contact information

Macerich Co.

401 Wilshire Boulevard Suite 700

90401-1452, Santa Monica

+310 394 6000

http://www.macerich.com
address The Macerich Company(MAC)

Group companies

NameCategory and Sector
Real Estate Development
Real Estate Development