secwatch.observer — SEC 8-K summary
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Issuer:     MACERICH CO (MAC)
CIK:        0000912242
Form:       8-K
Filed at:   2025-08-21T23:59:59+00:00
Accession:  0001193125-25-185319
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912242/000119312525185319/0001193125-25-185319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912242/000119312525185319/d32131d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-185319

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