Macerich

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The Macerich Company
TypePublic
Traded asNYSEMAC
IndustryReal estate investment trusts
FoundedSanta Monica, California, (1964)
Headquarters401 Wilshire Boulevard
Santa Monica, California,
Area servedUnited States
Key peopleArthur M. Coppola (CEO)[1]
RevenueIncrease US$ 881.3 million (2012)[2]
Total assetsIncrease US$ 9.31 billion (2012)[2]
Total equityIncrease US$ 3.416 billion (2012)[2]
Employees3,000 (2008)[3]
WebsiteMacerich.com
 
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The Macerich Company
TypePublic
Traded asNYSEMAC
IndustryReal estate investment trusts
FoundedSanta Monica, California, (1964)
Headquarters401 Wilshire Boulevard
Santa Monica, California,
Area servedUnited States
Key peopleArthur M. Coppola (CEO)[1]
RevenueIncrease US$ 881.3 million (2012)[2]
Total assetsIncrease US$ 9.31 billion (2012)[2]
Total equityIncrease US$ 3.416 billion (2012)[2]
Employees3,000 (2008)[3]
WebsiteMacerich.com

Macerich is a self-managed Real Estate Investment Trust headquartered in Santa Monica, California.

It traces its antecedents to the MaceRich Real Estate Company founded in New York in 1964 by Mace Siegel and Richard Cohen[disambiguation needed], who combined their first names to name their company. After years of buying and owning shopping centers privately, in 1994 the company went public as "The Macerich Company". In 2006, the company name was rebranded to "Macerich." Macerich is one of the largest owners of regional and community shopping centers in the United States, with 95 malls in 19 states.

Acquisitions[edit]

In 2002, it acquired Westcor Partners, the dominant shopping center owner and developer in Phoenix, Arizona.

In 2005, it acquired Wilmorite Properties, the dominant shopping center owner and developer in Rochester, New York.

Malls[edit]

Macerich Malls
MallLocationMetro Area
Arden Fair MallSacramento, CaliforniaSacramento, California
Arrowhead Towne CenterGlendale, ArizonaPhoenix, Arizona
Biltmore Fashion ParkPhoenix, ArizonaPhoenix, Arizona
Broadway PlazaWalnut Creek, CaliforniaSan Francisco, California
Capitola MallCapitola, CaliforniaSanta Cruz, California
Cascade MallBurlington, WashingtonSeattle, Washington
Chandler Fashion CenterChandler, ArizonaPhoenix, Arizona
Cross County Shopping CenterYonkers, New YorkNew York, New York
Danbury Fair MallDanbury, ConnecticutNew York, New York
Deptford MallDeptford Township, New JerseyPhiladelphia, Pennsylvania
Eastland MallEvansville, IndianaEvansville, Indiana
Freehold Raceway MallFreehold Township, New JerseyNew York, New York
Fashion Fair MallFresno, CaliforniaFresno, California
Flatiron Crossing MallBroomfield, ColoradoDenver, Colorado
Great Northern MallClay, New YorkSyracuse, New York
Green Acres MallValley Stream, New YorkNew York, New York
Inland CenterSan Bernardino, CaliforniaSan Bernardino, California
Kierland CommonsPhoenix, ArizonaPhoenix, Arizona
Kings PlazaBrooklyn, New YorkNew York, New York
La Cumbre PlazaSanta Barbara, CaliforniaSanta Barbara, California
Lake Square MallLeesburg, FloridaOrlando, Florida
Lakewood CenterLakewood, CaliforniaLos Angeles, California
Los Cerritos CenterCerritos, CaliforniaLos Angeles, California
The Mall at NorthgateSan Rafael, CaliforniaSan Francisco, California
The Shops at North BridgeChicago, IllinoisChicago, Illinois
NorthPark MallDavenport, IowaQuad Cities
The Mall of Victor ValleyVictorville, CaliforniaSan Bernardino, California
The Oaks Shopping CenterThousand Oaks, CaliforniaThousand Oaks, California
Pacific ViewVentura, CaliforniaVentura, California
PalisenePhoenix, ArizonaPhoenix, Arizona
Queens CenterQueens, New YorkGreater New York
Rotterdam SquareRotterdam, New YorkSchenectady, New York
Santa Monica PlaceSanta Monica, CaliforniaLos Angeles, California
Scottsdale Fashion SquareScottsdale, ArizonaPhoenix, Arizona
The Shops at Atlas ParkQueens, New YorkNew York, New York
Somersville Towne CenterAntioch, CaliforniaSan Francisco, California
SouthPark MallMoline, IllinoisQuad Cities
South Plains MallLubbock, TexasLubbock, Texas
South Towne CenterSandy, UtahSalt Lake City, Utah
Southridge MallDes Moines, IowaDes Moines, Iowa
Stonewood CenterDowney, CaliforniaLos Angeles, California
Superstition Springs CenterMesa, ArizonaMesa, Arizona
Towne MallElizabethtown, KentuckyElizabethtown, Kentucky
Twenty Ninth StreetBoulder, ColoradoBoulder, Colorado
Tysons Corner CenterTysons Corner, VirginiaWashington, D.C.
Valley MallHarrisonburg, VirginiaHarrisonburg, Virginia
Valley River CenterEugene, OregonEugene, Oregon
The Village at Corte MaderaCorte Madera, CaliforniaSan Francisco, California
Vintage Faire MallModesto, CaliforniaModesto, California
Washington SquareTigard, OregonPortland, Oregon
Westside PavilionLos Angeles, CaliforniaLos Angeles, California
Wilton MallWilton, New YorkSaratoga Springs, New York

NORAD Tracks Santa Program[edit]

Lt.-Gen. Rick Findley, deputy commander of the North American Aerospace Defense Command, and Robert Taylor, senior property manager at Citadel Mall, perform the ceremonial ribbon cutting during the Nov. 18, 2005 launch of the Citadel Mall's Santa Tracking Station.

The Macerich Company was a NORAD Tracks Santa program partner and sponsor for the 2005 and 2006 NORAD Tracks Santa seasons. As part of that sponsorship, from November 18 to December 25, 2005, for the 50th anniversary of the NORAD Tracks Santa program, the Citadel Mall (owned by The Macerich Company from 1997 to 2006) had a massive Santa Tracking Village that included a 25-foot tree, a tracking map and viewfinder where children and the young at heart could watch a NORAD Tracks Santa video, hear audio messages of peace from children around the world, and receive a 24-page coloring book with Santa's assistants wearing NORAD patches.[4][5] This NORAD/Santa Tracking Station effort was expanded upon, in cooperation with the Becker Group [1], so that by November 2007, NORAD/Santa Tracking Stations were featured at Macerich property locations, such as:[6][7]

MallLocationMetro Area
Danbury Fair MallDanbury, ConnecticutNew York, New York
Freehold Raceway MallFreehold Township, New JerseyNew York, New York
Inland CenterSan Bernardino, CaliforniaSan Bernardino, California
Lakewood CenterLakewood, CaliforniaLos Angeles, California
Los Cerritos CenterCerritos, CaliforniaLos Angeles, California
Mesa MallGrand Junction, ColoradoGrand Junction, Colorado
Westside PavilionLos Angeles, CaliforniaLos Angeles, California

The NORAD/Santa Tracking Stations featured many interactive elements, including a state-of-the-art green screen photo operation, which digitally puts Santa and guests into an airborne sleigh flying over famous world landmarks. The overall experience provided retail centers with multiple benefits such as extended "stays of visit," additional, and changing foot-traffic patterns and property brand recognition. The result was a wonderful, and inventive boost to the physical shopping experience at the Macerich malls featuring NORAD/Santa Tracking Stations.[6]

See also[edit]

References[edit]

External links[edit]