Office Towers, Apartments Could be Added to Two Major Phoenix-Area Shopping Malls

Article originally posted on Phoenix Business Journal on February 15, 2023

Macerich, the operator and owner of many of Phoenix’s top malls, is looking to round out the surrounding areas of some of their shopping destinations with class A office buildings and multifamily housing.

Plans are in the works for up to 750,000 square feet of new office development in two prominent areas of the Phoenix metro, Macerich CEO Tom O’Hern said during a fourth quarter of 2022 earnings call earlier this month.

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