Macerich Acquires Remaining 50% Interest in 5 Former Sears Boxes from Seritage
Macerich gains full ownership + control of former Sears boxes at Regional Town Centers Danbury Fair, Los Cerritos Center, Washington Square, Chandl...
Macerich gains full ownership + control of former Sears boxes at Regional Town Centers Danbury Fair, Los Cerritos Center, Washington Square, Chandler Fashion Center and Freehold Raceway Mall SANTA MONICA, Calif., June 15, 2023 (GLOBE NEWSWIRE) — Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced that in May, it acquired the remaining 50% interest in five former Sears boxes from joint venture partner Seritage Growth Properties.