Crabtree Acquisition: How Macerich’s $130M SNO Pipeline Fuels Retail & Industrial Growth
We start with a quick fact: Macerich recently invested $130 million into a development pipeline of properties that are “signed but not yet open”, what’s called the SNO pipeline. This shows how committed they are to boosting both their retail footprint and industrial capabilities. We also have the Crabtree acquisition, a key piece of this…