There's a new face at the helm of national mall landlord Macerich, and with it, a new plan to strengthen its financial position after reporting a first-quarter loss despite a backdrop of steady retail demand.
New Macerich CEO Embarks on Restructuring Push After Quarterly Loss
National Mall Landlord To Offload Underperforming Centers
By Katie Burke
CoStar News
April 30, 2024 | 11:00 P.M.
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IN THIS ARTICLE
- Properties
- Santa Monica Place
395 Santa Monica Pl, Santa Monica, CA
- Companies
- The Macerich Company
Real Estate
- Contacts
- Doug Healey
Senior Executive Vice President, Leasing, The Macerich Company
- Scott Kingsmore
Senior EVP, Chief Financial Officer and Treasurer, The Macerich Company
- Jackson Hsieh
President & Chief Executive Officer, The Macerich Company