Heitman and GIC Invest in Macerich Malls for $2.3 Billion

Santa Monica-based Macerich Co., a self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States, reached an agreement to sell minority interests in eight U.S. malls for US$ 2.3 billion.

Mall Transaction Details

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