Macerich Releases Quarterly Results

Rhea-AI Summary

The Macerich Company (NYSE: MAC) reported its First Quarter 2021 earnings results on May 11, 2021. The results, including key metrics, are available on its investor relations website. Management is set to discuss these results in a conference call today at 10:00 am PT. Macerich, a self-managed REIT, owns 50 million square feet of real estate across 46 regional shopping centers, primarily focusing on high-demand markets. The company has been recognized for its sustainability efforts, holding the #1 GRESB ranking in the North American Retail Sector for six consecutive years (2015-2020).

Positive

• Macerich owns 50 million square feet of real estate, primarily in key markets.
• Recognized as a leader in sustainability with #1 GRESB ranking in North American Retail Sector (2015-2020).

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• None.

SANTA MONICA, Calif., May 11, 2021 /PRNewswire/ -- The Macerich Company (NYSE: MAC, the "Company") today has released its First Quarter 2021 Earnings Results and Supplemental Information by posting it to the investor relations section of its website at www.macerich.com (Investors Section).

As previously announced, Management will hold a conference call at 10:00 am Pacific Time (1:00 pm Eastern Time) today, Tuesday, May 11, 2021 to discuss quarterly results.  Interested parties can listen to a live webcast of the call on the Macerich website at www.macerich.com (Investors Section).    Alternatively, the call is available by phone at Toll Free 1-800-437-2398 or International (toll) 1-323-289-6576, Conference ID # 6872618.

A replay of the webcast will be available for 90 days following the live webcast in the Investors Section of the Company's website at www.macerich.com.   In addition, an audio replay of the earnings conference call will be available by telephone until Thursday, May 25, 2021 at 11:59 pm Eastern Time at toll free 1-844-512-2921, or International (toll) 1-412-317-6671, PIN #6872618.

About Macerich: Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT), which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

Macerich currently owns 50 million square feet of real estate consisting primarily of interests in 46 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence on the West Coast, and in Arizona and the Metro New York to Washington, DC corridor.  A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for six straight years (2015 – 2020). Additional information about Macerich can be obtained from the Company's website at www.Macerich.com.

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SOURCE Macerich Company

FAQ

What were Macerich's Q1 2021 earnings results?

Macerich posted its First Quarter 2021 earnings results on May 11, 2021, which are available on their investor relations website.

When is the Macerich conference call for Q1 2021 earnings?

The conference call is scheduled for today, May 11, 2021, at 10:00 am PT.

How many properties does Macerich own?

Macerich currently owns 46 regional shopping centers, totaling 50 million square feet of real estate.

What is Macerich's sustainability ranking?

Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for six consecutive years (2015–2020).

Where can I access Macerich's Q1 2021 earnings results?

The Q1 2021 earnings results can be accessed in the investor relations section of Macerich's website.