Macerich Co. has signed leases for 3.14 million square feet of space this year through September. That’s up 10 percent from the same time last year. Meanwhile, the REIT has written down the value of two of its retail properties whose mortgages have matured or will soon mature.
The post Macerich Sees Healthy Leasing in 3Q, Faces Issues with 2 Big Mall Loans appeared first on Commercial Real Estate Direct.
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