Macerich Narrows Q3 Loss to $16.7MM as 1,125,000 SQFT Washington Square Anchors Its Oregon Footprint

Macerich narrowed its third-quarter loss to $16.7 million as income at its keeper malls rose 4.7 percent, and its Pacific Northwest exposure, now entirely in Oregon after a pair of Washington Square sales last December, rests on a Portland-area mall carrying long-dated debt and an unencumbered center in Eugene.