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FinanceIndustry NewsPortlandRetail

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...

mall comeback, mall trends 2024, shopping center traffic, retail experiences, future of malls
FeaturedFinanceIndustry NewsPortlandRetail

Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts

Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...

mall comeback, mall trends 2024, shopping center traffic, retail experiences, future of malls
FinanceIndustry NewsLeasingPortlandRetail

Macerich Readies $372MM for Mall Acquisitions as Oregon Anchors Its Pacific Northwest Position

Macerich has $372 million in unsettled forward equity earmarked for enclosed mall acquisitions at stabilized yields of 9 to 11 percent, a war...

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FinanceIndustry NewsLeasingRetail

Macerich Lifts 2028 FFO Target to $2.00 as Path Forward Plan Hits Inflection Point

Santa Monica-based REIT raises its NOI ceiling and reports $1.3 billion in completed dispositions as record leasing momentum reshapes its Class A mall...

couple shopping at a mall
FeaturedIndustry NewsRetail

Macerich Bets $140MM NOI Lift on Anchor Overhaul and Gen Z-Driven Merchandising Strategy

The Santa Monica-based mall REIT is executing a two-year repositioning that has pushed leasing volume up 85 percent and committed replacements for all...

Bouncy house
Industry NewsRetail

FunBox Signs Lease on Grady Way in Renton, Eyes Eight Additional Puget Sound Markets

The indoor bounce park franchise, which has grown to 34 signed franchisees nationally since 2018, is targeting communities across King, Pierce, and Snohomish...

Retail rack and bags
FinanceIndustry NewsPortlandRetail

Macerich Trims Oregon Holdings With $31MM in Washington Square Outparcel Sales While Retaining Two Portland and Eugene Centers

The mall REIT sold a retail strip center and an outparcel at its Washington Square property in Portland during Q4 2025, while both...

getty-images-6_CZsWwhZAk-unsplash-shopping mall
AECFeaturedIndustry NewsPortlandRetail

Tigard’s Washington Square to Become a Dynamic Mixed-Use Destination

The former Sears site at Tigard’s Washington Square shopping center is on the verge of a major transformation, marking a new chapter for...

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People on the Move

The Macerich Company Announces CFO Change

Dan Swanstrom Named as Chief Financial Officer of The Macerich Company SANTA MONICA, Calif., Nov. 06, 2024 -- The Macerich Company (NYSE: MAC)...

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FeaturedIndustry NewsRetail

Macerich Stumbles with $127.7MM in Losses in Q1 2024

The reign of the American shopping mall may be drawing to a close, but not without a fight. Mall owner Macerich, a titan...

Industry NewsPeople on the MoveRetail

The Macerich Company Announces CEO Change

Tom O’Hern to Retire as Chief Executive Officer of The Macerich Company Jackson Hsieh Named as Successor SANTA MONICA, Calif., Feb. 05, 2024...

Redmond, Redmond Town Center, Hines, GGLO, Fairbourne Properties, Magnusson Klemencic Associates, Coughlin Porter Lundeen, HWA Parking, DRA Advisors, Macerich, Microsoft, AT&T, Shorenstein Properties
AECCommercialIndustry NewsResidentialRetail

Redmond Town Center Set for Major Redevelopment with Emphasis on Mixed-Use Spaces and Sustainable Design

In a significant move that promises to reshape the landscape of Redmond, Washington, a comprehensive redevelopment plan for the Redmond Town Center is...

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