Macerich sold its La Encantada mall in Arizona for $165.3 million. The deal is part of the company's strategy to sell non-core assets, the implementation of which brought the company about $200 additional liquidity in 9M 2021. Macerich is also pursuing a land and site sale program that is expected to generate about $100 million more during 2021-2023.
Macerich sold its La Encantada mall in Arizona for $165.3 million. The deal is part of the company's strategy to sell non-core assets, the implementation of which brought the company about $200 additional liquidity in 9M 2021. Macerich is also pursuing a land and site sale program that is expected to generate about $100 million more during 2021-2023. 
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