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Heitman Acquiring 49.9% Interest in Two Macerich Malls for $167.5M

Macerich (NYSE:MAC) and Chicago-based Heitman have entered into a joint venture on two of Macerich's malls -- Freehold Raceway Mall and Chandler Fashion Center. Under the terms of the deal, Macerich receives $167.5 million in net cash proceeds and Heitman...

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This post was syndicated from National Commercial Real Estate News From CoStar Group.

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