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The Macerich Company
Macerich ( ) 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's portfolio for $2.333 billion, adding 11 shopping ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (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 therefore 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 Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company 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 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. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Biltmore Fashion Park
The Biltmore Fashion Park is an outdoor retail and dining mall located in the Biltmore District of Phoenix, Arizona, along East Camelback Rd. The Biltmore Fashion Park, as well as the surrounding business and residential district, are named after the historic Arizona Biltmore Hotel, nearby. History Biltmore Fashion Park opened on of land in what was once considered "the outskirts" of Phoenix, in 1963. Anchored at that time by San Francisco's upscale I. Magnin, Saks Fifth Avenue and The Broadway, which opened in 1968, it was the city's original luxury shopping and dining destination. The mall was designed by Welton Becket and Associates and built by the Chanen Construction Company. The original Saks Fifth Avenue featured native stone walls and concrete Native American hieroglyphics. The Broadway Building which was the first expansion of the mall was designed by Charles Luckman and built by the Del E. Webb Corporation in 1968. During the 1960s and 1970s, The Gittings Portrait S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 served as 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 Journal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GIC Private Limited
GIC Private Limited is a sovereign wealth fund in Singapore that manages its foreign reserves. Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, its mission is to preserve and enhance the international purchasing power of the reserves with the aim of achieving good long-term returns above global inflation over the investment time horizon. 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$690 billion as of June 2022 while Forbes estimated the fund's assets at US$744 billion after legislation were passed to transfer about USD137b from the central bank. Besides GIC, Singapore also owns another sovereign wealth fund Temasek Holdings with managed assets at about U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glendale, Arizona
Glendale () is a city in Maricopa County, Arizona, Maricopa County, Arizona, United States, located approximately northwest of Downtown Phoenix. As of the 2020 United States census, 2020 census, it 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, Arizona, 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 south of the canal. Murphy raised capital from out of state sources in order to meet payroll and construction expenses. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. It is anchored by Macy's, Dillard's, JCPenney, and Dick's Sporting Goods. The mall was previously anchored by Sears and Forever 21. The mall includes an AMC Theatres and is home to 180 tenants. 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). 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sacramento, California
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Arden Fair Mall
Arden Fair is a two-level regional shopping mall located on Arden Way in Sacramento, California, United States. It consists of over 165 tenants, encompassing over of retail space. It currently maintains the traditional chain anchors Macy's and JCPenney. It is operated by Macerich. History Arden Fair was originally built in 1957 as a single-level outdoor mall with Sears as the original anchor, despite being physically separated from the rest of the mall. Hale's, the second original anchor, opened four years later in 1961, which was later converted to Weinstock's. By the 1970s, Arden Fair was converted into an indoor mall. In 1989, a major structural renovation and physical face-lift occurred by Homart Development, which more than doubled the size of the mall. It added a second story, a food court and brought the first Nordstrom department store to Sacramento. The old Sears building was gutted as part of the expansion and Sears was relocated to a new building that finally connecte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 comprising approximately of gross leasable area in North America and Asia. History Simon Property Group dates to 1960, when brothers Melvin Simon and 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 1997, the company acquired The Retail Property Trust for $1.2 billion in a hostile takeover. Also in 1997, in partnership with Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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