The Macerich Company is a fully integrated, self-managed and self-administered real estate investment trust (REIT) focused on the ownership, operation, and development of retail real estate in the United States. The company concentrates its investments in densely populated and established markets, with a portfolio primarily located in California, the Pacific Northwest, the Phoenix/Scottsdale region, and the Metro New York to Washington, D.C. corridor. Macerich’s portfolio consists of approximately 39 million square feet of real estate, largely comprising ownership interests in 38 retail centers that serve as regional shopping destinations and community-focused assets. The portfolio includes high-performing assets such as Tysons Corner Center in Virginia and Scottsdale Fashion Square in Arizona. The company is involved in both the management and redevelopment of its properties within its core markets. Macerich has also been recognized for its sustainability performance within the retail REIT sector, achieving the #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for nine consecutive years from 2015 through 2023.