Macerich sells Lakewood Center ($332.1M) and Valley Mall ($22.1M) in August 2025

MACERICH CO

Lakewood Center sold for $332.1M; buyer assumed $317.1M loan maturing June 2026.
Macerich net proceeds from Lakewood are approx. $5.0M.
Valley Mall sold for $22.1M; unencumbered asset; net proceeds ~$20.9M.
Both sales closed on Aug 18 (Lakewood) and Aug 20, 2025 (Valley Mall).
Proceeds from both dispositions will be used for general corporate purposes.

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