Macerich Co.
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Macerich Co.
The Macerich Company ( ) is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2020, the company owned interests in 52 properties comprising 50 million square feet of leasable area. The company name is a portmanteau of its founders, Mace Siegel and Richard Cohen. History The company traces its antecedents to the MaceRich Real Estate Company founded in New York in 1964 by ''Mace Siegel'' and ''Richard Cohen'' who combined their first names to name their company. In 1994, the company became a public company via an initial public offering. In 2002, Macerich acquired Phoenix, Arizona-based Westcor for $1.475 billion. The purchase added 9 properties to Macerich's portfolio making them the largest mall owner in the Phoenix Metropolitan Area. In 2005, the company acquired most of Rochester, New York-based Wilmorite Properties' portfolio for $2.333 billion, adding 11 ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market's edition named for that market, and also publishes '' Hemmings Motor News'' and '' Inside Lacrosse''. The company is owned by Advance Publications and receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website, using the overarching online title ''The Business Journal'', contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. it receives over 3.6 million readers each week. History American City Business Journals, Inc. was founded in 1982 by Mike K. Russell with the launch of the ''K ...
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Walnut Creek, California
Walnut Creek is a city in Contra Costa County, California, United States, located in the East Bay region of the San Francisco Bay Area, about east of the city of Oakland, California, Oakland. Walnut Creek has a total population of 70,127 per the 2020 United States census, 2020 census, is located at the junction of the highways from Sacramento, California, Sacramento and San Jose, California, San Jose (Interstate 680 (California), I-680) and San Francisco/Oakland (California State Route 24, SR-24), and is accessible by Bay Area Rapid Transit, BART. The city shares its borders with Clayton, California, Clayton, Lafayette, California, Lafayette, Alamo, California, Alamo, Pleasant Hill, California, Pleasant Hill, and Concord, California, Concord. History There are three bands of Bay Miwok Native Americans associated with the area of Walnut Creek (the stream for which the city is named):Forester, 2006.Milliken, 1995 the ''Saklan tribe, Saclan'', whose territory extended through ...
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Broadway Plaza (Walnut Creek)
Broadway Plaza is an outdoor shopping mall located in downtown Walnut Creek, California, Walnut Creek. The shopping center opened on October 11, 1951 and is owned and operated by Macerich. The mall is anchored by Nordstrom and Macy's, and features nearly 80 stores including flagship H&M and Zara (retailer), ZARA stores, a standalone Apple Inc., Apple store with an adjoining outdoor plaza, an Industrious co-working space, a Life Time Fitness sports club, and a Pinstripes (restaurant), Pinstripes entertainment center and restaurant. History Broadway Plaza opened on October 18, 1951 with 38 stores. JCPenney, Sears, Roebuck, & Co., Sears, F. W. Woolworth Company, Woolworths, Joseph Magnin (later I. Magnin), and a Lucky Supermarkets, Lucky Supermarket were the mall's original anchors. In 1954, Oakland, California, Oakland-based department store Capwell's opened as the center's fifth anchor. Lucky was replaced by Northern California's second Bullock's department store in 1973, which ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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GIC Private Limited
GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves. Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, from which the acronym "GIC" is derived, its mission is to preserve and enhance the international purchasing power of the reserves, with the aim to achieve good long-term returns above global inflation over the investment time horizon of 20 years. With a network of 10 offices in key financial capitals worldwide, GIC invests internationally in developed market equities, emerging market equities, nominal bonds and cash, inflation-linked bonds, private equity and real estate. The Sovereign Wealth Fund Institute (SWFI) had estimated the fund's assets at US$800 billion as of May 2025 while ''Forbes'' estimated the fund's assets at US$744 billion after legislation were passed to transfer about US$137 billion from the Monetary Authority of Singapore (MAS), the country's centr ...
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Glendale, Arizona
Glendale () is a city in Maricopa County, Arizona, United States. Located about nine miles northwest of the state capital Phoenix, Glendale is known for State Farm Stadium, which is the home of the Arizona Cardinals football team. The city also contains the Arrowhead Towne Center shopping mall. As of the 2020 census, Glendale had a population of 248,325. History In the late 1800s the area that is now Glendale was all desert. William John Murphy, a native of New Hartford, New York, who resided in the town of Flagstaff in what was then the territory of Arizona, was in charge of building the Arizona Canal from Granite Reef to New River for the Arizona Canal Company. In 1885, he completed the canal, which would bring water to the desert land. Murphy was deep in debt, since he had agreed to be paid in Arizona Canal Company stock and bonds and land instead of cash. In 1887, Murphy formed the Arizona Improvement Company. His objective was to sell the land and water rights s ...
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Arrowhead Towne Center
Arrowhead Towne Center, often referred to by locals as Arrowhead Mall, is a super-regional shopping mall located in Glendale, Arizona (west suburban Phoenix). The mall is owned by Macerich & GIC Private Limited. The mall features Macy's, Dillard's, JCPenney, and Dick's Sporting Goods in addition to a 14-screen AMC Theatres, and Round 1. Arrowhead also serves as a transit center for Valley Metro Bus. History The mall opened in October 1993 on land formerly occupied by an orange grove, located at Bell Road and 75th Avenue, and was jointly developed and owned by Westcor and General Growth Properties (the former which owned a two-thirds share and managed the mall, and the latter which owned a one-third share). Omniplan Architects of Dallas designed the mall, The Weitz Company, Inc. was general contractor who built the mall. When opened the mall was anchored by Robinsons-May, Montgomery Ward, Mervyn's, J. C. Penney, Dillard's, and an empty anchor pad that was not yet leased ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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Simon Property Group
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties as of 2021. History 20th century Simon Property Group dates to 1960, when brothers Melvin Simon and Herbert Simon (real estate), Herbert Simon began developing strip malls in Indianapolis, Indiana. In December 1993, they took their interests public as Simon Property Group in the largest initial public offering of a real estate investment trust to date. Simon Property merged with the newly public DeBartolo Realty Corporation, owner of the real estate assets of Edward J. DeBartolo Sr., in 1996 to form Simon DeBartolo Group. In the following year, the company acquired The Retail Property Trust for $1.2 billion in a hostile takeover. Also in 1997, in partnership with Macerich, th ...
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The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ...
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Tysons, Virginia
Tysons, also known as Tysons Corner, is a census-designated place (CDP) in Fairfax County, Virginia, United States, spanning from the corner of Virginia State Route 123, SR 123 (Chain Bridge Road) and Virginia State Route 7, SR 7 (Leesburg Pike). It is part of the Washington metropolitan area and located in Northern Virginia between McLean, Virginia, McLean and Vienna, Virginia, Vienna along the Interstate 495 (Capital Beltway), I-495. Tysons is home to two super-regional shopping malls, Tysons Corner Center and Tysons Galleria, and the corporate and administrative headquarters of Alarm.com, Appian Corporation, Appian, Booz Allen Hamilton, Capital One, Freddie Mac, Hilton Worldwide, ID.me, Intelsat, M.C. Dean, Inc., MicroStrategy, and Tegna Inc. As an Unincorporated area#United States, unincorporated community, Tysons is Fairfax County's central business district and a regional commercial center. It has been called a quintessential example of an edge city. The population was 26 ...
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