Macerich to form joint ventures to which Macerich will contribute interests in 8 assets with expected $2.3b cash proceeds to Macerich

SANTA MONICA, Calif., 2015-10-1 — /EPR Retail News/ — The Macerich Company (NYSE Symbol: MAC) today announced it has reached agreement to form joint ventures to which Macerich will contribute interests in eight assets with expected cash proceeds to Macerich totaling $2.3 billion. GIC will have a 40% interest in five assets and Heitman will have […]