Meet Mace - #mcre1

With Richard Cohen, Siegel founded a shopping-mall development company in 1964 in New York City. Combining their first names, they called it MaceRich.

When the firm relocated to Santa Monica to oversee the rehabilitation of an outdated mall in Lakewood, Siegel also moved west, in 1976.

MaceRich found a niche as a redeveloper of shopping centers, including Santa Monica Place, which it acquired in 1999 and finished overhauling last year. Siegel retired from the company in 2008. 

 

Macerich is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2020, the company owned interests in 52 properties comprising 50 million square feet of leasable area. Wikipedia

CEO: Hern Thomas E O (Jan 1, 2019–)

Headquarters: Santa Monica, CA

Founded: 1964

Revenue: 786 million USD (2020)

Founders: Mace Siegel, Richard Cohen

 

 Mace Siegel 

 LA Times Reports "Click Here"

 

 

The Associated Press, The Associated Press ARCADIA, Calif. (AP) — Mace Siegel, a prominent owner and breeder of thoroughbreds in California and a developer of retail shopping malls, has died of heart failure. He was 86. He died Wednesday at his home in Beverly Hills, officials at Santa Anita Park said Thursday. Siegel campaigned horses in California with his wife, Jan, and daughter Samantha for 30 years. His wife died in 2002. The Siegels bought their first horse in 1964 and won their first stakes race in 1976, with Wininreno, who took the Julian Cole Handicap at Calder in Florida. They brought their stable to California on a full-time basis in the mid-1980s. The family had great success with modestly priced yearlings beginning in the late 1980s. The horses were selected at public auctions primarily by trainer Brian Mayberry and his wife Jeanne.

 

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