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The purchase added 9 properties to Macerich's portfolio making them the largest mall owner in the Phoenix Metropolitan Area. [ 4 ] In 2005, the company acquired most of Rochester, New York -based Wilmorite Properties ' portfolio for $2.333 billion, adding 11 shopping centers to Macerich's portfolio, including Tysons Corner Center in Tysons ...
Broadway Plaza is an outdoor shopping mall located in downtown Walnut Creek.The shopping center opened on October 11, 1951 and is owned and operated by Macerich.The mall is anchored by Nordstrom and Macy's, and features nearly 80 stores including flagship H&M and ZARA stores, a standalone Apple store with an adjoining outdoor plaza, an Industrious co-working space, a Life Time Fitness sports ...
In 2002, Westcor was acquired by Macerich, who continues to manage the mall today. In 2011, GGP sold its 1/3 ownership in the mall (along with its 1/3 ownership of Superstition Springs Center in Mesa), with Macerich assuming full ownership. [7] [8] In 2006, Macy's acquired Robinsons-May and converted the Arrowhead store into a Macy's store.
The mall is located at the south end of Santa Monica's Third Street Promenade shopping district, two blocks from the beach and Santa Monica Pier. The mall originally opened in 1980 as an indoor mall, and underwent a massive, three-year reconstruction process beginning in January 2008 and re-opened as an outdoor shopping mall on August 6, 2010.
The Mall of Victor Valley is a shopping mall located in Victorville, California. It is owned and managed by Macerich. The mall is located near Interstate 15 and Bear Valley Road. The mall's anchor stores are JCPenney, Dick's Sporting Goods, Barnes & Noble, Macy's, and Cinemark Theatres. There is 1 vacant anchor store that was once Sears.
The owner of the Santa Monica Place mall has filed a lawsuit seeking to evict the ArcLight Theatre for non-payment of rent. Macerich, the real estate investment trust that owns the mall, served an ...
The Macerich Company, a Santa Monica, California-based shopping center operator, purchased the mall in 1996 for a reported $85.5 million in cash and debt. [14] Nearby demographic shifts and the continuing occupancy decline led owners to announce plans to redevelop the mall and surrounding area.
In July 2014, Macerich acquired a 50% stake in The Gallery at Market East and invested $106.8 million to redevelop the mall as part of a joint venture partnership with PREIT. [ 6 ] [ 7 ] As of June 19, 2015, the $325 million remodeling of "The Gallery" had been officially approved by the city council, and the legislation had been approved by ...