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Our Industry-leading Expertise. We add value to our iconic properties in unmatched locations from coast to coast. Macerich's remarkable developments and redevelopments earn industry accolades and perform for retailers, partners and shoppers.
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The total purchase price will be approximately $2.333 billion, including the assumption of approximately $882 million of existing debt at an average interest rate of 6.43% and the issuance of convertible preferred units and common units totaling an estimated $320 million.
