# Westcor

> Westcor was a Phoenix-based shopping-center developer, owner and manager whose portfolio combined regional malls with surrounding community retail and urban villages in Arizona and Colorado. Macerich acquired the business in 2002 for approximately $1.475 billion; many of its properties now operate under Macerich.

- **Headquarters:** Phoenix, United States
- **Founders:** Russell “Rusty” Lyon Jr. (Founder)
- **Products:** Shopping-center development, Retail leasing and property management, Chandler Fashion Center, SanTan Village
- **Notable:** Macerich acquired Westcor for approximately $1.475 billion in July 2002., The 2002 annual report describes substantially all of the acquired portfolio as developed from the ground up., A 2007 announcement reported 28 shopping centers and 18 million square feet of retail space.

## Products & services

- **Shopping-center development** — Ground-up regional malls and complementary community shopping centers and urban villages.
- **Retail leasing and property management** — Leasing, property operations, development, redevelopment and acquisition services for affiliated and non-affiliated shopping centers.
- **Chandler Fashion Center** — Westcor-developed Arizona shopping center that opened in 2001 and entered Macerich’s portfolio in 2002.
- **SanTan Village** — Open-air shopping destination developed by Westcor in Gilbert, Arizona.

## Achievements

- Macerich acquired Westcor for approximately $1.475 billion in July 2002.
- The 2002 annual report describes substantially all of the acquired portfolio as developed from the ground up.
- A 2007 announcement reported 28 shopping centers and 18 million square feet of retail space.

## Latest updates

- **2023-09** — Legacy property: SCHEELS opened at Chandler Fashion Center on September 30, under Macerich ownership.
- **2025-06** — Legacy property: Chandler advisory-board minutes described Din Tai Fung as a catalyst for attracting retailers to Chandler Village, with an early-2027 opening planned.
- **2026-10** — Current Macerich development pages describe an outdoor dining and entertainment redevelopment at Chandler Fashion Center and mixed-use plans for FlatIron Crossing; these are successor projects, not announcements by an independent Westcor.

## Links

- Website: http://www.westcor.com
- LinkedIn: https://www.linkedin.com/company/westcor

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Profile page: https://yespress.io/westcor
Published by YesPress — https://yespress.io
Last updated: 2026-10-01
