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09/10/2020

Macerich has re-opened all but three of its malls

Al Urbanski
Real Estate Editor & Manager
Al Urbanski profile picture
Queens Center in New York City

At 7 a.m. on Wednesday, 100 shoppers were waiting in line on Queens Boulevard in Elmhurst, eagerly anticipating gaining entry for the first time in months to New York City’s most highly trafficked mall, Queens Center.

Queens Center re-opened this week along with seven other Macerich malls in New York and California, including Kings Plaza in Brooklyn, Inland Center in San Bernardino, Pacific View in Ventura, and The Oaks in Thousand Oaks. Forty-four of Macerich’s 47 malls have re-opened. The remaining three are located in Los Angeles County, which still has a shutdown order in effect.

"Our asset locations in California and in New York City represent some of the most powerful consumer markets in the U.S., and we are happy to be connecting retailers and restaurants with their customers in these important communities," said Macerich CEO Tom O'Hern.

Macerich upgraded the HVAC systems across its entire portfolio with MERV 13 filters and is promising shoppers what it calls some of the “safest, most healthful air quality available” after hiring Schackel Engineers to conduct an expert assessment.

“Because we own and operate dominant properties in many of the country's most appealing markets, our company continues to play a leading role in shaping the future of retail real estate,” maintained O’Hern.