M&A - MACERICH CO

Form Type: 8-K

Filing Date: 2025-06-24

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525145249

Filing Summary: On June 24, 2025, The Macerich Company announced the acquisition of Crabtree Mall located in Raleigh, North Carolina. The mall is a Class A property with an area of approximately 1.3 million square feet and was acquired for a purchase price of $290 million. The company funded this acquisition using cash on hand alongside $100 million borrowed from its revolving credit facility. The details of this acquisition were shared in an investor presentation and a press release made available on the company's website on the same date.