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Macerich Co

Macerich Company (MAC) is a real estate investment trust (REIT) that focuses on the acquisition, leasing, management, development, and redevelopment of regional malls in the United States. The company's portfolio is primarily composed of interests in shopping centers located in densely populated and affluent markets in the United States.

As of 2021, Macerich owns and operates roughly 50 million square feet of gross leaseable area, making it one of the largest owners and operators of regional malls in the country. Some of its most notable properties include the Tysons Corner Center in Virginia, the Scottsdale Fashion Square in Arizona, and the Broadway Plaza in California.

Macerich's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "MAC" and it is a component of the S&P 500 index. The company's market capitalization is around $3.5 billion and it is headquartered in Santa Monica, California.

The company's financial performance and stock price have been impacted by the retail industry's struggles and the shift to e-commerce, but it has been taking steps to adapt by investing in experiential retail, mixed-use development, and digital strategies.

It's important to note that before making any investment decisions, it's recommended to conduct your own research, consider your own personal risk tolerance and investment goals, and consult with a financial advisor. Additionally, the information provided here is for general informational purposes only and should not be considered as a recommendation to buy or sell any particular security.