"South Plains Mall is a true destination shopping center," said Randy Brant, Executive Vice President, Real Estate, Macerich. "Our targeted investments in this well-known and well-loved property deliver a fresh look, new retail concepts and elevated amenities – all designed to ensure the continued strong performance of this established regional favorite."
Large crowds are expected for the official re-opening ceremony taking place this afternoon in the newly renovated Grand Court. The celebration will include a community toast in partnership with the Lubbock Chamber of Commerce, plus the participation of local city officials and center retailers, along with Santa and live entertainment.
"For over 40 years South Plains Mall has been the go-to retail destination for Lubbock and has been a tremendous asset for our growing community," said Dan Pope, Mayor of Lubbock. "Macerich's continued investment in this unique property reflects the strength of this market and positions South Plains Mall as a top retail property for years to come."
Macerich, an S&P 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.
Macerich currently owns 56 million square feet of real estate consisting primarily of interests in 50 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the Pacific Rim, Arizona, Chicago and the Metro New York to Washington, D.C. corridor. Additional information about Macerich can be obtained from the Company's website: www.macerich.com.
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