16 Facts About Macerich Company

1. Macerich Company has a long record as the industry leader for environmental achievements.

2. Macerich Company had 7 analyst reports since September 17, 2018 according to SRatingsIntel.

3. In 2002, Macerich Company acquired Phoenix, Arizona-based Westcor for $1.475 billion.

4. Macerich Company takes its name from the first first letters of each of the first names of its founders, Mace Siegel and Richard Cohen.

5. Macerich Company is a real estate investment trust that invests in shopping centers.

6. Macerich Company tripled its acquisition total in 1995, becoming the fifth fastest-growing acquisition company in the nation after purchasing properties in Salisbury, Maryland; Capitola, California; and New York City.

7. Macerich Company completed its IPO in March 1994, the company's 30th anniversary.

8. Macerich Company teamed with Provident Life and purchased the property in 1975.

9. Macerich Company is committed to providing a work environment that is free of unlawful discrimination.

10. Macerich Company has a Disclosure Committee that is responsible for helping to determine the materiality of information as well as ensure the timely disclosure of all material information to the public.

11. Macerich Company has a Code of Business Conduct and Ethics applicable to all employees of the Company.

12. Macerich Company expects its directors, officers and employees to comply with the principles in this Code.

13. Macerich Company is one of the country's leading owners, operators and developers of major retail real estate Company.

14. Macerich Company had 6 analyst reports since July 17, 2018 according to SRatingsIntel.

15. Macerich Company rejected the takeover bid on the grounds that Simon undervalued the company and its future potential growth.

16. In 2002, Macerich Company acquired Phoenix-based Westcor Partners for $1.475 billion.