Macerich turnaround features sale of The Oaks mall for $157M

Macerich has taken about a 60 percent bite out of its $2 billion debt reduction target. More mall sales should help get it across the finish line.   In its third-quarter report, the Santa Monica-based real estate investment trust, which had a recent market cap of $4.2 billion, said it has lined up the $157 […]The post Macerich turnaround features sale of The Oaks mall for $157M appeared first on The Real Deal.