The Macerich Company announces tax treatment for dividend distributions taxable in 2016

SANTA MONICA, Calif., 2017-Jan-11 — /EPR Retail News/ — The Macerich Company (NYSE: MAC) today (Jan. 9, 2017) announced the tax treatment for dividend distributions taxable in 2016 on its Common Stock. During the calendar year ended December 31, 2016 Macerich paid dividends of $4.75 including a $2.00 special dividend to shareholders of record as of November […]

Taubman and The Macerich Company announce the appointment of Meredith Keeler as general manager of Country Club Plaza

KANSAS CITY, MO, 2016-Mar-02 — /EPR Retail News/ — Shopping center marketing and management veteran Meredith Keeler has been named general manager of Country Club Plaza, a marquee retail and office property in Kansas City recently acquired by Taubman and The Macerich Company. In this role, Keeler is responsible for operations, office, retailer and community relations, […]

Taubman Centers, Inc. and The Macerich Company announce the acquisition of Country Club Plaza from Highwoods Properties, Inc.

BLOOMFIELD HILLS, Mich., 2016-Mar-02 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) and The Macerich Company (NYSE: MAC) today announced the completion of the purchase of Country Club Plaza (Kansas City, Mo.) from Highwoods Properties, Inc. (NYSE: HIW). Consideration for the mixed-use retail and office property was $660 million cash, excluding transaction costs. Taubman […]

Taubman Centers, Inc. and The Macerich Company to purchase Country Club Plaza from Highwoods Properties, Inc.

BLOOMFIELD HILLS, Mich., 2016-1-5 — /EPR Retail News/ — Taubman Centers, Inc. (NYSE: TCO) and The Macerich Company (NYSE: MAC) today announced an agreement to purchase Country Club Plaza (Kansas City, Mo.) fromHighwoods Properties, Inc. (NYSE: HIW). The purchase price for the mixed-use retail and office property is$660 million cash, excluding transaction costs. Taubman andMacerich will […]

The Macerich Company closed on the first of three joint ventures; Special dividends declared

SANTA MONICA, Calif., 2015-11-5 — /EPR Retail News/ — The Macerich Company (NYSE: MAC) today announced it has closed on the first of three joint ventures.  Macerich contributed interests in Lakewood Center, Los Cerritos Center, South Plains Mall and Washington Square.  Cash proceeds to Macerich total $1.5 billion, including $964 million in excess loan proceeds […]

The Macerich Company declared 4.4% increase in its quarterly cash dividend to $.68 per share of common stock

SANTA MONICA, Calif., 2015-10-27 — /EPR Retail News/ — The Board of Directors of The Macerich Company (NYSE: MAC) declared a 4.4% increase in its quarterly cash dividend to $.68 per share of common stock. The dividend is payable on December 4, 2015 to stockholders of record at the close of business on November 12, […]