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Home INDUSTRY news Macerich Announces Sale of Two Retail Centers for $170MM
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Macerich Announces Sale of Two Retail Centers for $170MM

January 20, 20171 Mins read550
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Macerich Company Northgate Mall San Rafael Merlone Geier Partners
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SANTA MONICA, Calif., Jan. 19, 2017 -- The Macerich Company (NYSE Symbol: MAC) today announced the sale of Cascade Mall in Burlington, WA and Northgate Mall in San Rafael, CA to Merlone Geier Partners for $170 million. This transaction resulted in net proceeds to Macerich of approximately $100 million after the repayment of a floating-rate […]

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