Macerich Completing $430M Sale-Leaseback of 43 Mervyn's Stores
Shopping Mall REIT, Macerich (NYSE: MAC), is nearing completion on the acquisition of 43 Mervyn's department stores, totaling 3.4 million square feet, for $430 million. The transaction consummated at the end of 2007 and Macerich has already closed on... Read more ...