Macerich Company - MAC- Profile

Macerich Company (The). The Group's principal activities are to acquire, own, redevelop, manage and lease regional and community shopping centers. Regional shopping centers provide retail shops and entertainment facilities and often serve as the town center and gathering place for community, charity and promotional events. Community shopping centers are open-air shopping centers, with one or more supermarkets, drugstores or discount department stores. It operates predominantly in the United States. As of 31-Dec-2006, the Group owned 73 regional shopping centers and 18 community shopping centers. The Group sold Citadel Mall, Crossroads Mall, Northwest Arkansas Mall on 29-Dec-2006 and acquired Deptford Mall on 01-Dec-2006. Acquires, owns, redevelops, manages and leases regional and community shopping centers located throughout the United States