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    <link:label id="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_800779FD6FA9B858A7F87E62A7566AC9_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_800779FD6FA9B858A7F87E62A7566AC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Axis]</link:label>
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    <link:label id="lab_us-gaap_RelatedPartyDomain_63AFFC5800D697572F0E7E62A756083A_label_en-US" xlink:label="lab_us-gaap_RelatedPartyDomain_63AFFC5800D697572F0E7E62A756083A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party [Domain]</link:label>
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    <link:label id="lab_mac_NorthwesternMutualLifeMember_A4D35687477BEC84F2F77E62A7565B0C_terseLabel_en-US" xlink:label="lab_mac_NorthwesternMutualLifeMember_A4D35687477BEC84F2F77E62A7565B0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NML</link:label>
    <link:label id="lab_mac_NorthwesternMutualLifeMember_A4D35687477BEC84F2F77E62A7565B0C_label_en-US" xlink:label="lab_mac_NorthwesternMutualLifeMember_A4D35687477BEC84F2F77E62A7565B0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Northwestern Mutual Life [Member]</link:label>
    <link:label id="lab_mac_NorthwesternMutualLifeMember_A4D35687477BEC84F2F77E62A7565B0C_documentation_en-US" xlink:label="lab_mac_NorthwesternMutualLifeMember_A4D35687477BEC84F2F77E62A7565B0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents Northwestern Mutual Life ("NML"), considered a related party because it is a joint venture partner of the entity.</link:label>
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    <link:label id="lab_us-gaap_CorporateJointVentureMember_308672444C3810A1B4E57E62A7578E93_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateJointVentureMember_308672444C3810A1B4E57E62A7578E93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint Venture</link:label>
    <link:label id="lab_us-gaap_CorporateJointVentureMember_308672444C3810A1B4E57E62A7578E93_label_en-US" xlink:label="lab_us-gaap_CorporateJointVentureMember_308672444C3810A1B4E57E62A7578E93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Joint Venture [Member]</link:label>
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    <link:label id="lab_mac_UnconsolidatedJointVenturesMember_64A2239FCE142B32FBCA7E62A75795BC_terseLabel_en-US" xlink:label="lab_mac_UnconsolidatedJointVenturesMember_64A2239FCE142B32FBCA7E62A75795BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unconsolidated Joint Ventures</link:label>
    <link:label id="lab_mac_UnconsolidatedJointVenturesMember_64A2239FCE142B32FBCA7E62A75795BC_label_en-US" xlink:label="lab_mac_UnconsolidatedJointVenturesMember_64A2239FCE142B32FBCA7E62A75795BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unconsolidated Joint Ventures [Member]</link:label>
    <link:label id="lab_mac_UnconsolidatedJointVenturesMember_64A2239FCE142B32FBCA7E62A75795BC_documentation_en-US" xlink:label="lab_mac_UnconsolidatedJointVenturesMember_64A2239FCE142B32FBCA7E62A75795BC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents unconsolidated joint ventures.</link:label>
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    <link:label id="lab_srt_AffiliatedEntityMember_75A26E5A34BC6CE4287F7E62A75719F6_terseLabel_en-US" xlink:label="lab_srt_AffiliatedEntityMember_75A26E5A34BC6CE4287F7E62A75719F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Affiliated Entity</link:label>
    <link:label id="lab_srt_AffiliatedEntityMember_75A26E5A34BC6CE4287F7E62A75719F6_label_en-US" xlink:label="lab_srt_AffiliatedEntityMember_75A26E5A34BC6CE4287F7E62A75719F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Affiliated Entity [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_AffiliatedEntityMember" xlink:label="loc_srt_AffiliatedEntityMember_75A26E5A34BC6CE4287F7E62A75719F6" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RelatedPartyTransactionAxis_1B669F7C061E8E1B94657E62A7571152_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_1B669F7C061E8E1B94657E62A7571152" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Axis]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionAxis_1B669F7C061E8E1B94657E62A7571152_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_1B669F7C061E8E1B94657E62A7571152" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionAxis_1B669F7C061E8E1B94657E62A7571152" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionAxis_1B669F7C061E8E1B94657E62A7571152" xlink:to="lab_us-gaap_RelatedPartyTransactionAxis_1B669F7C061E8E1B94657E62A7571152" xlink:type="arc" />
    <link:label id="lab_us-gaap_RelatedPartyTransactionDomain_45A75AD44D7A107B43F47E62A75778D1_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_45A75AD44D7A107B43F47E62A75778D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Domain]</link:label>
    <link:label id="lab_us-gaap_RelatedPartyTransactionDomain_45A75AD44D7A107B43F47E62A75778D1_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_45A75AD44D7A107B43F47E62A75778D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related Party Transaction [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_45A75AD44D7A107B43F47E62A75778D1" xlink:type="locator" />
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    <link:label id="lab_mac_FinancingArrangementMember_7B76BDE82E9B32B774A07E62A7583B4B_terseLabel_en-US" xlink:label="lab_mac_FinancingArrangementMember_7B76BDE82E9B32B774A07E62A7583B4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Arrangement</link:label>
    <link:label id="lab_mac_FinancingArrangementMember_7B76BDE82E9B32B774A07E62A7583B4B_label_en-US" xlink:label="lab_mac_FinancingArrangementMember_7B76BDE82E9B32B774A07E62A7583B4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Arrangement [Member]</link:label>
    <link:label id="lab_mac_FinancingArrangementMember_7B76BDE82E9B32B774A07E62A7583B4B_documentation_en-US" xlink:label="lab_mac_FinancingArrangementMember_7B76BDE82E9B32B774A07E62A7583B4B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Arrangement [Member]</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_FinancingArrangementMember" xlink:label="loc_mac_FinancingArrangementMember_7B76BDE82E9B32B774A07E62A7583B4B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_FinancingArrangementMember_7B76BDE82E9B32B774A07E62A7583B4B" xlink:to="lab_mac_FinancingArrangementMember_7B76BDE82E9B32B774A07E62A7583B4B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_EE12796985F9C959A8FB7E62A7589452_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_EE12796985F9C959A8FB7E62A7589452" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivable Type [Axis]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_EE12796985F9C959A8FB7E62A7589452" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ReceivableTypeDomain_8B8FDAC159A49F156BAC7E62A7584907_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_8B8FDAC159A49F156BAC7E62A7584907" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivable Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ReceivableTypeDomain_8B8FDAC159A49F156BAC7E62A7584907_label_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain_8B8FDAC159A49F156BAC7E62A7584907" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivable [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="loc_us-gaap_ReceivableTypeDomain_8B8FDAC159A49F156BAC7E62A7584907" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivableTypeDomain_8B8FDAC159A49F156BAC7E62A7584907" xlink:to="lab_us-gaap_ReceivableTypeDomain_8B8FDAC159A49F156BAC7E62A7584907" xlink:type="arc" />
    <link:label id="lab_mac_RelatedPartiesNoteReceivableRedConsolidatedHoldingsLlcMember_749E8ECBF1091160D5607E62A75820F7_terseLabel_en-US" xlink:label="lab_mac_RelatedPartiesNoteReceivableRedConsolidatedHoldingsLlcMember_749E8ECBF1091160D5607E62A75820F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related parties note receivable, RED Consolidated Holdings, LLC</link:label>
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    <link:label id="lab_us-gaap_NotesReceivableMember_E6FAE12D5EAD5BE8580C7E62A759F1A9_label_en-US" xlink:label="lab_us-gaap_NotesReceivableMember_E6FAE12D5EAD5BE8580C7E62A759F1A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Receivable [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NotesReceivableMember" xlink:label="loc_us-gaap_NotesReceivableMember_E6FAE12D5EAD5BE8580C7E62A759F1A9" xlink:type="locator" />
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    <link:label id="lab_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_2081DDE31046A4F1F4D67E62A759E3E5_terseLabel_en-US" xlink:label="lab_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_2081DDE31046A4F1F4D67E62A759E3E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Name of Property [Axis]</link:label>
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    <link:label id="lab_mac_CoVentureArrangementAbstract_4DF1F80B1C5611E012C28DD9A7A361D3_documentation_en-US" xlink:label="lab_mac_CoVentureArrangementAbstract_4DF1F80B1C5611E012C28DD9A7A361D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Co-Venture Arrangement [Abstract]</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_CoVentureArrangementAbstract" xlink:label="loc_mac_CoVentureArrangementAbstract_4DF1F80B1C5611E012C28DD9A7A361D3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_CoVentureArrangementAbstract_4DF1F80B1C5611E012C28DD9A7A361D3" xlink:to="lab_mac_CoVentureArrangementAbstract_4DF1F80B1C5611E012C28DD9A7A361D3" xlink:type="arc" />
    <link:label id="lab_mac_ScheduleOfJointVenturesTable_3E809C1AA8EC2444DDFC8DD9A7A36B25_terseLabel_en-US" xlink:label="lab_mac_ScheduleOfJointVenturesTable_3E809C1AA8EC2444DDFC8DD9A7A36B25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Joint Ventures [Table]</link:label>
    <link:label id="lab_mac_ScheduleOfJointVenturesTable_3E809C1AA8EC2444DDFC8DD9A7A36B25_label_en-US" xlink:label="lab_mac_ScheduleOfJointVenturesTable_3E809C1AA8EC2444DDFC8DD9A7A36B25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Joint Ventures [Table]</link:label>
    <link:label id="lab_mac_ScheduleOfJointVenturesTable_3E809C1AA8EC2444DDFC8DD9A7A36B25_documentation_en-US" xlink:label="lab_mac_ScheduleOfJointVenturesTable_3E809C1AA8EC2444DDFC8DD9A7A36B25" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A schedule providing information pertaining to the joint venture interests of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_ScheduleOfJointVenturesTable" xlink:label="loc_mac_ScheduleOfJointVenturesTable_3E809C1AA8EC2444DDFC8DD9A7A36B25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_ScheduleOfJointVenturesTable_3E809C1AA8EC2444DDFC8DD9A7A36B25" xlink:to="lab_mac_ScheduleOfJointVenturesTable_3E809C1AA8EC2444DDFC8DD9A7A36B25" xlink:type="arc" />
    <link:label id="lab_srt_RangeAxis_C4519A826ADB318414898DE2B681931E_terseLabel_en-US" xlink:label="lab_srt_RangeAxis_C4519A826ADB318414898DE2B681931E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_srt_RangeAxis_C4519A826ADB318414898DE2B681931E_label_en-US" xlink:label="lab_srt_RangeAxis_C4519A826ADB318414898DE2B681931E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RangeAxis" xlink:label="loc_srt_RangeAxis_C4519A826ADB318414898DE2B681931E" xlink:type="locator" />
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    <link:label id="lab_srt_RangeMember_54F10169B6F56962E1F38DE2B688C41A_label_en-US" xlink:label="lab_srt_RangeMember_54F10169B6F56962E1F38DE2B688C41A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RangeMember" xlink:label="loc_srt_RangeMember_54F10169B6F56962E1F38DE2B688C41A" xlink:type="locator" />
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    <link:label id="lab_srt_MinimumMember_FC8427D9E1CFD884BD5E8DE2B6B63A50_label_en-US" xlink:label="lab_srt_MinimumMember_FC8427D9E1CFD884BD5E8DE2B6B63A50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MinimumMember" xlink:label="loc_srt_MinimumMember_FC8427D9E1CFD884BD5E8DE2B6B63A50" xlink:type="locator" />
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    <link:label id="lab_srt_MaximumMember_5DE0252CF2F96C8346978DE2B6D247B5_terseLabel_en-US" xlink:label="lab_srt_MaximumMember_5DE0252CF2F96C8346978DE2B6D247B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_srt_MaximumMember_5DE0252CF2F96C8346978DE2B6D247B5_label_en-US" xlink:label="lab_srt_MaximumMember_5DE0252CF2F96C8346978DE2B6D247B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MaximumMember" xlink:label="loc_srt_MaximumMember_5DE0252CF2F96C8346978DE2B6D247B5" xlink:type="locator" />
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    <link:label id="lab_mac_FreeholdRacewayMallAndChandlerFashionCenterMember_F5F4F2BB5F4BF87ED4EA8DD9A7A44D60_terseLabel_en-US" xlink:label="lab_mac_FreeholdRacewayMallAndChandlerFashionCenterMember_F5F4F2BB5F4BF87ED4EA8DD9A7A44D60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Chandler Freehold</link:label>
    <link:label id="lab_mac_FreeholdRacewayMallAndChandlerFashionCenterMember_F5F4F2BB5F4BF87ED4EA8DD9A7A44D60_label_en-US" xlink:label="lab_mac_FreeholdRacewayMallAndChandlerFashionCenterMember_F5F4F2BB5F4BF87ED4EA8DD9A7A44D60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Freehold Raceway Mall and Chandler Fashion Center [Member]</link:label>
    <link:label id="lab_mac_FreeholdRacewayMallAndChandlerFashionCenterMember_F5F4F2BB5F4BF87ED4EA8DD9A7A44D60_documentation_en-US" xlink:label="lab_mac_FreeholdRacewayMallAndChandlerFashionCenterMember_F5F4F2BB5F4BF87ED4EA8DD9A7A44D60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to the Freehold Raceway Mall and Chandler Fashion Center properties.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_FreeholdRacewayMallAndChandlerFashionCenterMember" xlink:label="loc_mac_FreeholdRacewayMallAndChandlerFashionCenterMember_F5F4F2BB5F4BF87ED4EA8DD9A7A44D60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_FreeholdRacewayMallAndChandlerFashionCenterMember_F5F4F2BB5F4BF87ED4EA8DD9A7A44D60" xlink:to="lab_mac_FreeholdRacewayMallAndChandlerFashionCenterMember_F5F4F2BB5F4BF87ED4EA8DD9A7A44D60" xlink:type="arc" />
    <link:label id="lab_mac_ChandlerFashionCenterMember_B5C90D3375E0661F3D0C8DD9A7A5BB1A_terseLabel_en-US" xlink:label="lab_mac_ChandlerFashionCenterMember_B5C90D3375E0661F3D0C8DD9A7A5BB1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Chandler Fashion Center</link:label>
    <link:label id="lab_mac_ChandlerFashionCenterMember_B5C90D3375E0661F3D0C8DD9A7A5BB1A_label_en-US" xlink:label="lab_mac_ChandlerFashionCenterMember_B5C90D3375E0661F3D0C8DD9A7A5BB1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chandler Fashion Center [Member]</link:label>
    <link:label id="lab_mac_ChandlerFashionCenterMember_B5C90D3375E0661F3D0C8DD9A7A5BB1A_documentation_en-US" xlink:label="lab_mac_ChandlerFashionCenterMember_B5C90D3375E0661F3D0C8DD9A7A5BB1A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to real estate property of the entity, Chandler Fashion Center.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_ChandlerFashionCenterMember" xlink:label="loc_mac_ChandlerFashionCenterMember_B5C90D3375E0661F3D0C8DD9A7A5BB1A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_ChandlerFashionCenterMember_B5C90D3375E0661F3D0C8DD9A7A5BB1A" xlink:to="lab_mac_ChandlerFashionCenterMember_B5C90D3375E0661F3D0C8DD9A7A5BB1A" xlink:type="arc" />
    <link:label id="lab_mac_FreeholdRacewayMallMember_1BF7489DDF4AF0CCB18B8DD9A7A51237_terseLabel_en-US" xlink:label="lab_mac_FreeholdRacewayMallMember_1BF7489DDF4AF0CCB18B8DD9A7A51237" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Freehold Raceway Mall</link:label>
    <link:label id="lab_mac_FreeholdRacewayMallMember_1BF7489DDF4AF0CCB18B8DD9A7A51237_label_en-US" xlink:label="lab_mac_FreeholdRacewayMallMember_1BF7489DDF4AF0CCB18B8DD9A7A51237" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Freehold Raceway Mall [Member]</link:label>
    <link:label id="lab_mac_FreeholdRacewayMallMember_1BF7489DDF4AF0CCB18B8DD9A7A51237_documentation_en-US" xlink:label="lab_mac_FreeholdRacewayMallMember_1BF7489DDF4AF0CCB18B8DD9A7A51237" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to real estate property of the entity, Freehold Raceway Mall.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_FreeholdRacewayMallMember" xlink:label="loc_mac_FreeholdRacewayMallMember_1BF7489DDF4AF0CCB18B8DD9A7A51237" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_FreeholdRacewayMallMember_1BF7489DDF4AF0CCB18B8DD9A7A51237" xlink:to="lab_mac_FreeholdRacewayMallMember_1BF7489DDF4AF0CCB18B8DD9A7A51237" xlink:type="arc" />
    <link:label id="lab_mac_ScheduleOfJointVenturesLineItems_C2AF7D027560C62CA1498DD9A7A5624B_terseLabel_en-US" xlink:label="lab_mac_ScheduleOfJointVenturesLineItems_C2AF7D027560C62CA1498DD9A7A5624B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Joint Ventures [Line Items]</link:label>
    <link:label id="lab_mac_ScheduleOfJointVenturesLineItems_C2AF7D027560C62CA1498DD9A7A5624B_label_en-US" xlink:label="lab_mac_ScheduleOfJointVenturesLineItems_C2AF7D027560C62CA1498DD9A7A5624B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Joint Ventures [Line Items]</link:label>
    <link:label id="lab_mac_ScheduleOfJointVenturesLineItems_C2AF7D027560C62CA1498DD9A7A5624B_documentation_en-US" xlink:label="lab_mac_ScheduleOfJointVenturesLineItems_C2AF7D027560C62CA1498DD9A7A5624B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_ScheduleOfJointVenturesLineItems" xlink:label="loc_mac_ScheduleOfJointVenturesLineItems_C2AF7D027560C62CA1498DD9A7A5624B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_ScheduleOfJointVenturesLineItems_C2AF7D027560C62CA1498DD9A7A5624B" xlink:to="lab_mac_ScheduleOfJointVenturesLineItems_C2AF7D027560C62CA1498DD9A7A5624B" xlink:type="arc" />
    <link:label id="lab_mac_JointVentureOwnershipPercentageSold_5CC38F8645AABD6B4F758DD9A7A5F821_terseLabel_en-US" xlink:label="lab_mac_JointVentureOwnershipPercentageSold_5CC38F8645AABD6B4F758DD9A7A5F821" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of loan assumed by third party</link:label>
    <link:label id="lab_mac_JointVentureOwnershipPercentageSold_5CC38F8645AABD6B4F758DD9A7A5F821_label_en-US" xlink:label="lab_mac_JointVentureOwnershipPercentageSold_5CC38F8645AABD6B4F758DD9A7A5F821" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint Venture Ownership Percentage Sold</link:label>
    <link:label id="lab_mac_JointVentureOwnershipPercentageSold_5CC38F8645AABD6B4F758DD9A7A5F821_documentation_en-US" xlink:label="lab_mac_JointVentureOwnershipPercentageSold_5CC38F8645AABD6B4F758DD9A7A5F821" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The percentage of ownership interest in the joint venture sold by the entity during the period.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_JointVentureOwnershipPercentageSold" xlink:label="loc_mac_JointVentureOwnershipPercentageSold_5CC38F8645AABD6B4F758DD9A7A5F821" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AreaOfRealEstateProperty_997DF02194EEDF8CB87C8DD9A7A6B740_terseLabel_en-US" xlink:label="lab_us-gaap_AreaOfRealEstateProperty_997DF02194EEDF8CB87C8DD9A7A6B740" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property area (in square feet)</link:label>
    <link:label id="lab_us-gaap_AreaOfRealEstateProperty_997DF02194EEDF8CB87C8DD9A7A6B740_label_en-US" xlink:label="lab_us-gaap_AreaOfRealEstateProperty_997DF02194EEDF8CB87C8DD9A7A6B740" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Area of Real Estate Property</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaap_AreaOfRealEstateProperty_997DF02194EEDF8CB87C8DD9A7A6B740" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AreaOfRealEstateProperty_997DF02194EEDF8CB87C8DD9A7A6B740" xlink:to="lab_us-gaap_AreaOfRealEstateProperty_997DF02194EEDF8CB87C8DD9A7A6B740" xlink:type="arc" />
    <link:label id="lab_mac_FairValueInputsFinancingArrangementOperatingIncomeMultiple_5EF3A244E223ADC401548DE212064119_terseLabel_en-US" xlink:label="lab_mac_FairValueInputsFinancingArrangementOperatingIncomeMultiple_5EF3A244E223ADC401548DE212064119" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net operating income multiple</link:label>
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    <link:label id="lab_mac_FairValueInputsFinancingArrangementOperatingIncomeMultiple_5EF3A244E223ADC401548DE212064119_documentation_en-US" xlink:label="lab_mac_FairValueInputsFinancingArrangementOperatingIncomeMultiple_5EF3A244E223ADC401548DE212064119" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Financing Arrangement, Operating Income Multiple</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_FairValueInputsFinancingArrangementOperatingIncomeMultiple" xlink:label="loc_mac_FairValueInputsFinancingArrangementOperatingIncomeMultiple_5EF3A244E223ADC401548DE212064119" xlink:type="locator" />
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    <link:label id="lab_mac_FinancingArrangementDiscountRate_110C8E652CB5692F01198DE2260DDBF8_terseLabel_en-US" xlink:label="lab_mac_FinancingArrangementDiscountRate_110C8E652CB5692F01198DE2260DDBF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate</link:label>
    <link:label id="lab_mac_FinancingArrangementDiscountRate_110C8E652CB5692F01198DE2260DDBF8_label_en-US" xlink:label="lab_mac_FinancingArrangementDiscountRate_110C8E652CB5692F01198DE2260DDBF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Arrangement, Discount Rate</link:label>
    <link:label id="lab_mac_FinancingArrangementDiscountRate_110C8E652CB5692F01198DE2260DDBF8_documentation_en-US" xlink:label="lab_mac_FinancingArrangementDiscountRate_110C8E652CB5692F01198DE2260DDBF8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Arrangement, Discount Rate</link:label>
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    <link:label id="lab_mac_OperatingandFinanceLeaseLiability_3FD27F68F03F74631E0A7E62A987C1FD_terseLabel_en-US" xlink:label="lab_mac_OperatingandFinanceLeaseLiability_3FD27F68F03F74631E0A7E62A987C1FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
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    <link:label id="lab_mac_DeferredCostsAndOtherAssetsGross_F51B4C22F7A336B9AE6F5C3703E6CDAA_totalLabel_en-US" xlink:label="lab_mac_DeferredCostsAndOtherAssetsGross_F51B4C22F7A336B9AE6F5C3703E6CDAA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Deferred charges and other assets, gross</link:label>
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    <link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_77339AF914FC2E3190B25C3703E87E39_label_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_77339AF914FC2E3190B25C3703E87E39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Intangible Assets</link:label>
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    <link:label id="lab_mac_FinancingArrangementTableTextBlock_77BB6AB47E8DA7AED829F35FCB24683A_terseLabel_en-US" xlink:label="lab_mac_FinancingArrangementTableTextBlock_B6C05FF5CFDE502F9CC5DE796CF467BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing arrangement activity</link:label>
    <link:label id="lab_mac_FinancingArrangementTableTextBlock_77BB6AB47E8DA7AED829F35FCB24683A_label_en-US" xlink:label="lab_mac_FinancingArrangementTableTextBlock_B6C05FF5CFDE502F9CC5DE796CF467BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Arrangement [Table Text Block]</link:label>
    <link:label id="lab_mac_FinancingArrangementTableTextBlock_77BB6AB47E8DA7AED829F35FCB24683A_documentation_en-US" xlink:label="lab_mac_FinancingArrangementTableTextBlock_B6C05FF5CFDE502F9CC5DE796CF467BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Arrangement [Table Text Block]</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_FinancingArrangementTableTextBlock" xlink:label="loc_mac_FinancingArrangementTableTextBlock_B6C05FF5CFDE502F9CC5DE796CF467BB" xlink:type="locator" />
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    <link:label id="lab_mac_ChandlerFashionCenterMortgageMember_2068D637FB3D4960F0438E85BCB08D78_terseLabel_en-US" xlink:label="lab_mac_ChandlerFashionCenterMortgageMember_2068D637FB3D4960F0438E85BCB08D78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Chandler Fashion Center</link:label>
    <link:label id="lab_mac_ChandlerFashionCenterMortgageMember_2068D637FB3D4960F0438E85BCB08D78_label_en-US" xlink:label="lab_mac_ChandlerFashionCenterMortgageMember_2068D637FB3D4960F0438E85BCB08D78" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chandler Fashion Center Mortgage [Member]</link:label>
    <link:label id="lab_mac_ChandlerFashionCenterMortgageMember_2068D637FB3D4960F0438E85BCB08D78_documentation_en-US" xlink:label="lab_mac_ChandlerFashionCenterMortgageMember_2068D637FB3D4960F0438E85BCB08D78" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage note payable on the Chandler Fashion Center property pledged as collateral.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_ChandlerFashionCenterMortgageMember" xlink:label="loc_mac_ChandlerFashionCenterMortgageMember_2068D637FB3D4960F0438E85BCB08D78" xlink:type="locator" />
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    <link:label id="lab_mac_DanburyFairMallMortgageMember_89680029BAC9882E10888E85BCB0F45A_terseLabel_en-US" xlink:label="lab_mac_DanburyFairMallMortgageMember_89680029BAC9882E10888E85BCB0F45A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Danbury Fair Mall</link:label>
    <link:label id="lab_mac_DanburyFairMallMortgageMember_89680029BAC9882E10888E85BCB0F45A_label_en-US" xlink:label="lab_mac_DanburyFairMallMortgageMember_89680029BAC9882E10888E85BCB0F45A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Danbury Fair Mall Mortgage [Member]</link:label>
    <link:label id="lab_mac_DanburyFairMallMortgageMember_89680029BAC9882E10888E85BCB0F45A_documentation_en-US" xlink:label="lab_mac_DanburyFairMallMortgageMember_89680029BAC9882E10888E85BCB0F45A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage note payable on the Danbury Fair Mall property pledged as collateral.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_DanburyFairMallMortgageMember" xlink:label="loc_mac_DanburyFairMallMortgageMember_89680029BAC9882E10888E85BCB0F45A" xlink:type="locator" />
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    <link:label id="lab_mac_FreeholdRacewayMallMortgageMember_BC5E4C0289F51BA15DF58E85BCB18330_terseLabel_en-US" xlink:label="lab_mac_FreeholdRacewayMallMortgageMember_BC5E4C0289F51BA15DF58E85BCB18330" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Freehold Raceway</link:label>
    <link:label id="lab_mac_FreeholdRacewayMallMortgageMember_BC5E4C0289F51BA15DF58E85BCB18330_label_en-US" xlink:label="lab_mac_FreeholdRacewayMallMortgageMember_BC5E4C0289F51BA15DF58E85BCB18330" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Freehold Raceway Mall Mortgage [Member]</link:label>
    <link:label id="lab_mac_FreeholdRacewayMallMortgageMember_BC5E4C0289F51BA15DF58E85BCB18330_documentation_en-US" xlink:label="lab_mac_FreeholdRacewayMallMortgageMember_BC5E4C0289F51BA15DF58E85BCB18330" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage note payable on the Freehold Raceway Mall property pledged as collateral.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_FreeholdRacewayMallMortgageMember" xlink:label="loc_mac_FreeholdRacewayMallMortgageMember_BC5E4C0289F51BA15DF58E85BCB18330" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_FreeholdRacewayMallMortgageMember_BC5E4C0289F51BA15DF58E85BCB18330" xlink:to="lab_mac_FreeholdRacewayMallMortgageMember_BC5E4C0289F51BA15DF58E85BCB18330" xlink:type="arc" />
    <link:label id="lab_mac_FresnoFashionFairMember_10BAA3669F005D152E0A8E85BCB1311A_terseLabel_en-US" xlink:label="lab_mac_FresnoFashionFairMember_10BAA3669F005D152E0A8E85BCB1311A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fresno Fashion Fair</link:label>
    <link:label id="lab_mac_FresnoFashionFairMember_10BAA3669F005D152E0A8E85BCB1311A_label_en-US" xlink:label="lab_mac_FresnoFashionFairMember_10BAA3669F005D152E0A8E85BCB1311A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fresno Fashion Fair [Member]</link:label>
    <link:label id="lab_mac_FresnoFashionFairMember_10BAA3669F005D152E0A8E85BCB1311A_documentation_en-US" xlink:label="lab_mac_FresnoFashionFairMember_10BAA3669F005D152E0A8E85BCB1311A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to real estate property of the entity, Fresno Fashion Fair.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_FresnoFashionFairMember" xlink:label="loc_mac_FresnoFashionFairMember_10BAA3669F005D152E0A8E85BCB1311A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_FresnoFashionFairMember_10BAA3669F005D152E0A8E85BCB1311A" xlink:to="lab_mac_FresnoFashionFairMember_10BAA3669F005D152E0A8E85BCB1311A" xlink:type="arc" />
    <link:label id="lab_mac_GreenAcresMallMortgageMember_18B899A5131BCD0F7B158E85BCB153C1_terseLabel_en-US" xlink:label="lab_mac_GreenAcresMallMortgageMember_18B899A5131BCD0F7B158E85BCB153C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Green Acres Mall</link:label>
    <link:label id="lab_mac_GreenAcresMallMortgageMember_18B899A5131BCD0F7B158E85BCB153C1_label_en-US" xlink:label="lab_mac_GreenAcresMallMortgageMember_18B899A5131BCD0F7B158E85BCB153C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Green Acres Mall Mortgage [Member]</link:label>
    <link:label id="lab_mac_GreenAcresMallMortgageMember_18B899A5131BCD0F7B158E85BCB153C1_documentation_en-US" xlink:label="lab_mac_GreenAcresMallMortgageMember_18B899A5131BCD0F7B158E85BCB153C1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Green Acres Mall Mortgage [Member]</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_GreenAcresMallMortgageMember" xlink:label="loc_mac_GreenAcresMallMortgageMember_18B899A5131BCD0F7B158E85BCB153C1" xlink:type="locator" />
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    <link:label id="lab_mac_KingsPlazaMortgageMember_87B3325C693E7D4E03008E85BCB11082_terseLabel_en-US" xlink:label="lab_mac_KingsPlazaMortgageMember_87B3325C693E7D4E03008E85BCB11082" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Kings Plaza Shopping Center</link:label>
    <link:label id="lab_mac_KingsPlazaMortgageMember_87B3325C693E7D4E03008E85BCB11082_label_en-US" xlink:label="lab_mac_KingsPlazaMortgageMember_87B3325C693E7D4E03008E85BCB11082" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Kings Plaza Mortgage [Member]</link:label>
    <link:label id="lab_mac_KingsPlazaMortgageMember_87B3325C693E7D4E03008E85BCB11082_documentation_en-US" xlink:label="lab_mac_KingsPlazaMortgageMember_87B3325C693E7D4E03008E85BCB11082" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage note payable on the Kings Plaza property pledged as collateral.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_KingsPlazaMortgageMember" xlink:label="loc_mac_KingsPlazaMortgageMember_87B3325C693E7D4E03008E85BCB11082" xlink:type="locator" />
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    <link:label id="lab_mac_TheOaksOneMortgageMember_E939CC0D735C6F2C99D88E85BCB2143F_verboseLabel_en-US" xlink:label="lab_mac_TheOaksOneMortgageMember_E939CC0D735C6F2C99D88E85BCB2143F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Oaks, The</link:label>
    <link:label id="lab_mac_TheOaksOneMortgageMember_E939CC0D735C6F2C99D88E85BCB2143F_label_en-US" xlink:label="lab_mac_TheOaksOneMortgageMember_E939CC0D735C6F2C99D88E85BCB2143F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">The Oaks One Mortgage [Member]</link:label>
    <link:label id="lab_mac_TheOaksOneMortgageMember_E939CC0D735C6F2C99D88E85BCB2143F_documentation_en-US" xlink:label="lab_mac_TheOaksOneMortgageMember_E939CC0D735C6F2C99D88E85BCB2143F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage note payable on the Oaks property pledged as collateral.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_TheOaksOneMortgageMember" xlink:label="loc_mac_TheOaksOneMortgageMember_E939CC0D735C6F2C99D88E85BCB2143F" xlink:type="locator" />
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    <link:label id="lab_mac_PacificViewMortgageMember_4BD742BF93B2DF6E32CC8E85BCB2DD31_terseLabel_en-US" xlink:label="lab_mac_PacificViewMortgageMember_4BD742BF93B2DF6E32CC8E85BCB2DD31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pacific View</link:label>
    <link:label id="lab_mac_PacificViewMortgageMember_4BD742BF93B2DF6E32CC8E85BCB2DD31_label_en-US" xlink:label="lab_mac_PacificViewMortgageMember_4BD742BF93B2DF6E32CC8E85BCB2DD31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pacific View Mortgage [Member]</link:label>
    <link:label id="lab_mac_PacificViewMortgageMember_4BD742BF93B2DF6E32CC8E85BCB2DD31_documentation_en-US" xlink:label="lab_mac_PacificViewMortgageMember_4BD742BF93B2DF6E32CC8E85BCB2DD31" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage note payable on the Pacific View property pledged as collateral.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_PacificViewMortgageMember" xlink:label="loc_mac_PacificViewMortgageMember_4BD742BF93B2DF6E32CC8E85BCB2DD31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_PacificViewMortgageMember_4BD742BF93B2DF6E32CC8E85BCB2DD31" xlink:to="lab_mac_PacificViewMortgageMember_4BD742BF93B2DF6E32CC8E85BCB2DD31" xlink:type="arc" />
    <link:label id="lab_mac_QueensCenterMember_A1A57F2E87705D9D6BCD8E85BCB210D1_terseLabel_en-US" xlink:label="lab_mac_QueensCenterMember_A1A57F2E87705D9D6BCD8E85BCB210D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Queens Center</link:label>
    <link:label id="lab_mac_QueensCenterMember_A1A57F2E87705D9D6BCD8E85BCB210D1_label_en-US" xlink:label="lab_mac_QueensCenterMember_A1A57F2E87705D9D6BCD8E85BCB210D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Queens Center [Member]</link:label>
    <link:label id="lab_mac_QueensCenterMember_A1A57F2E87705D9D6BCD8E85BCB210D1_documentation_en-US" xlink:label="lab_mac_QueensCenterMember_A1A57F2E87705D9D6BCD8E85BCB210D1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the joint venture, Queens Center.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_QueensCenterMember" xlink:label="loc_mac_QueensCenterMember_A1A57F2E87705D9D6BCD8E85BCB210D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_QueensCenterMember_A1A57F2E87705D9D6BCD8E85BCB210D1" xlink:to="lab_mac_QueensCenterMember_A1A57F2E87705D9D6BCD8E85BCB210D1" xlink:type="arc" />
    <link:label id="lab_mac_TowneMallMortgageMember_819A593C32E2EA2DE4BD8E85BCB25BFD_terseLabel_en-US" xlink:label="lab_mac_TowneMallMortgageMember_819A593C32E2EA2DE4BD8E85BCB25BFD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Towne Mall</link:label>
    <link:label id="lab_mac_TowneMallMortgageMember_819A593C32E2EA2DE4BD8E85BCB25BFD_label_en-US" xlink:label="lab_mac_TowneMallMortgageMember_819A593C32E2EA2DE4BD8E85BCB25BFD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Towne Mall Mortgage [Member]</link:label>
    <link:label id="lab_mac_TowneMallMortgageMember_819A593C32E2EA2DE4BD8E85BCB25BFD_documentation_en-US" xlink:label="lab_mac_TowneMallMortgageMember_819A593C32E2EA2DE4BD8E85BCB25BFD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage note payable on the Towne Mall property pledged as collateral.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_TowneMallMortgageMember" xlink:label="loc_mac_TowneMallMortgageMember_819A593C32E2EA2DE4BD8E85BCB25BFD" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CreditFacilityAxis_A6FCAEBCD2A8FB2162EC7068F807F78D_label_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_A6FCAEBCD2A8FB2162EC7068F807F78D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
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    <link:label id="lab_us-gaap_CreditFacilityDomain_F8CC8DB71FFEE0F6A4C27068F80750AF_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_F8CC8DB71FFEE0F6A4C27068F80750AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityDomain_F8CC8DB71FFEE0F6A4C27068F80750AF_label_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_F8CC8DB71FFEE0F6A4C27068F80750AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
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    <link:label id="lab_us-gaap_RevolvingCreditFacilityMember_8582F8849A99D69418957068F808257C_terseLabel_en-US" xlink:label="lab_us-gaap_RevolvingCreditFacilityMember_8582F8849A99D69418957068F808257C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revolving line of credit</link:label>
    <link:label id="lab_us-gaap_RevolvingCreditFacilityMember_8582F8849A99D69418957068F808257C_label_en-US" xlink:label="lab_us-gaap_RevolvingCreditFacilityMember_8582F8849A99D69418957068F808257C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility [Member]</link:label>
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    <link:label id="lab_srt_MinimumMember_5E7A2EB70D35B5C460087068F809BA49_verboseLabel_en-US" xlink:label="lab_srt_MinimumMember_5E7A2EB70D35B5C460087068F809BA49" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Low end of range</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MinimumMember" xlink:label="loc_srt_MinimumMember_5E7A2EB70D35B5C460087068F809BA49" xlink:type="locator" />
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    <link:label id="lab_srt_MaximumMember_DF0FD4275D45129EB0F97068F8097241_verboseLabel_en-US" xlink:label="lab_srt_MaximumMember_DF0FD4275D45129EB0F97068F8097241" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">High end of range</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MaximumMember" xlink:label="loc_srt_MaximumMember_DF0FD4275D45129EB0F97068F8097241" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LineOfCreditMember_78759701A4DDD0E6DFEC7068F80A57F8_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditMember_78759701A4DDD0E6DFEC7068F80A57F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit</link:label>
    <link:label id="lab_us-gaap_LineOfCreditMember_78759701A4DDD0E6DFEC7068F80A57F8_label_en-US" xlink:label="lab_us-gaap_LineOfCreditMember_78759701A4DDD0E6DFEC7068F80A57F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCreditMember" xlink:label="loc_us-gaap_LineOfCreditMember_78759701A4DDD0E6DFEC7068F80A57F8" xlink:type="locator" />
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    <link:label id="lab_mac_PrasadaNoteMember_1DA0D7FD90D8E74922A37068F80A3F8F_terseLabel_en-US" xlink:label="lab_mac_PrasadaNoteMember_1DA0D7FD90D8E74922A37068F80A3F8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prasada Note</link:label>
    <link:label id="lab_mac_PrasadaNoteMember_1DA0D7FD90D8E74922A37068F80A3F8F_label_en-US" xlink:label="lab_mac_PrasadaNoteMember_1DA0D7FD90D8E74922A37068F80A3F8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prasada Note [Member]</link:label>
    <link:label id="lab_mac_PrasadaNoteMember_1DA0D7FD90D8E74922A37068F80A3F8F_documentation_en-US" xlink:label="lab_mac_PrasadaNoteMember_1DA0D7FD90D8E74922A37068F80A3F8F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Prasada Note [Member]</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_PrasadaNoteMember" xlink:label="loc_mac_PrasadaNoteMember_1DA0D7FD90D8E74922A37068F80A3F8F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InterestRateSwapMember_0B91E38CC8276AC016287068F80B5CB5_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_0B91E38CC8276AC016287068F80B5CB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Swaps</link:label>
    <link:label id="lab_us-gaap_InterestRateSwapMember_0B91E38CC8276AC016287068F80B5CB5_label_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_0B91E38CC8276AC016287068F80B5CB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Swap [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="loc_us-gaap_InterestRateSwapMember_0B91E38CC8276AC016287068F80B5CB5" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_0DF71514522093B1A89F7068F80BE14C_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_0DF71514522093B1A89F7068F80BE14C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2 measurement</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_0DF71514522093B1A89F7068F80BE14C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_716BAE48890D3065A5377068F80C2025_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_716BAE48890D3065A5377068F80C2025" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revolving line of credit</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_716BAE48890D3065A5377068F80C2025_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_716BAE48890D3065A5377068F80C2025" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_716BAE48890D3065A5377068F80C2025" xlink:type="locator" />
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    <link:label id="lab_mac_LineOfCreditFacilityTermOfExtensionOption_78835B7A8DA3FF86B6F07068F80C0AC7_terseLabel_en-US" xlink:label="lab_mac_LineOfCreditFacilityTermOfExtensionOption_78835B7A8DA3FF86B6F07068F80C0AC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Extension option (years)</link:label>
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    <link:label id="lab_mac_LineofCreditFacilityMaximumContingentBorrowingCapacity_57721600B7C10A3E93477068F80C039B_documentation_en-US" xlink:label="lab_mac_LineofCreditFacilityMaximumContingentBorrowingCapacity_57721600B7C10A3E93477068F80C039B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Contingent Borrowing Capacity</link:label>
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    <link:label id="lab_us-gaap_LineOfCredit_AE9785712833833478E97068F80D1ECC_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCredit_AE9785712833833478E97068F80D1ECC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding borrowings under the line of credit</link:label>
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    <link:label id="lab_dei_EntityDomain_0071858FA911ADDB9C29CB49B378FF87_label_en-US" xlink:label="lab_dei_EntityDomain_1A495EC0328E5E749C75B71C87FCD06E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
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    <link:label id="lab_mac_NumberOfRealEstateManagementCompanies_91E2D93466783B4C11CACB49B37951D5_terseLabel_en-US" xlink:label="lab_mac_NumberOfRealEstateManagementCompanies_A4EF966FD3825FE682CFDC587B17E0EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of management companies (in entities)</link:label>
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    <link:label id="lab_mac_NumberOfRealEstateManagementCompanies_91E2D93466783B4C11CACB49B37951D5_documentation_en-US" xlink:label="lab_mac_NumberOfRealEstateManagementCompanies_A4EF966FD3825FE682CFDC587B17E0EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of management companies through which the entity provides property management, leasing and redevelopment for its real estate portfolio.</link:label>
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    <link:label id="lab_mac_UnconsolidatedJointVenturesAndThirdPartyManagedPropertiesMember_19BACA0F700888F153DFD5F0D7E90B73_terseLabel_en-US" xlink:label="lab_mac_UnconsolidatedJointVenturesAndThirdPartyManagedPropertiesMember_DF24895B7E8A5973B7A7BC83E38892B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unconsolidated Joint Ventures and Third Party Managed Properties</link:label>
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    <link:label id="lab_mac_UnconsolidatedJointVenturesAndThirdPartyManagedPropertiesMember_19BACA0F700888F153DFD5F0D7E90B73_documentation_en-US" xlink:label="lab_mac_UnconsolidatedJointVenturesAndThirdPartyManagedPropertiesMember_DF24895B7E8A5973B7A7BC83E38892B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents unconsolidated joint ventures and third-party properties that engage the entity to manage their operations.</link:label>
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    <link:label id="lab_srt_ProductOrServiceAxis_16133B48A6D26504F6A3D5F0D7E95B23_terseLabel_en-US" xlink:label="lab_srt_ProductOrServiceAxis_6718B64BEE765269A3BA70C564731026" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Axis]</link:label>
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    <link:label id="lab_srt_ProductsAndServicesDomain_2F941D0A78148C691B7DD5F0D7E9512E_terseLabel_en-US" xlink:label="lab_srt_ProductsAndServicesDomain_8B0DED93C8305319BE09810BD97D8122" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:label id="lab_srt_ProductsAndServicesDomain_2F941D0A78148C691B7DD5F0D7E9512E_label_en-US" xlink:label="lab_srt_ProductsAndServicesDomain_8B0DED93C8305319BE09810BD97D8122" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ProductsAndServicesDomain" xlink:label="loc_srt_ProductsAndServicesDomain_8B0DED93C8305319BE09810BD97D8122" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ManagementServiceMember_41421FA35137EEBBBA96D5F0D7E9E5FC_verboseLabel_en-US" xlink:label="lab_us-gaap_ManagementServiceMember_A095751809C35E128E87DD87463F09C1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Management fees</link:label>
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    <link:label id="lab_mac_DevelopmentandLeasingFeesMember_22B8E9147DA0F70D71D6D60B9C886474_terseLabel_en-US" xlink:label="lab_mac_DevelopmentandLeasingFeesMember_849242C636C45791AFDDF7B059E6C334" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Development and leasing fees</link:label>
    <link:label id="lab_mac_DevelopmentandLeasingFeesMember_22B8E9147DA0F70D71D6D60B9C886474_label_en-US" xlink:label="lab_mac_DevelopmentandLeasingFeesMember_849242C636C45791AFDDF7B059E6C334" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Development and Leasing Fees [Member]</link:label>
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    <link:label id="lab_us-gaap_CollateralPledgedMember_198E547B4D6DC9CA2D4A7E62A8AD5FAD_label_en-US" xlink:label="lab_us-gaap_CollateralPledgedMember_198E547B4D6DC9CA2D4A7E62A8AD5FAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral Pledged [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CollateralPledgedMember" xlink:label="loc_us-gaap_CollateralPledgedMember_198E547B4D6DC9CA2D4A7E62A8AD5FAD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralPledgedMember_198E547B4D6DC9CA2D4A7E62A8AD5FAD" xlink:to="lab_us-gaap_CollateralPledgedMember_198E547B4D6DC9CA2D4A7E62A8AD5FAD" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_035B954CA34C8A1A2C327E62A8AE569E_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_035B954CA34C8A1A2C327E62A8AE569E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Axis]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_035B954CA34C8A1A2C327E62A8AE569E_label_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_035B954CA34C8A1A2C327E62A8AE569E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:label="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_035B954CA34C8A1A2C327E62A8AE569E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_035B954CA34C8A1A2C327E62A8AE569E" xlink:to="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_035B954CA34C8A1A2C327E62A8AE569E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_9A5DFA191144148FBDD87E62A8AE445C_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_9A5DFA191144148FBDD87E62A8AE445C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_9A5DFA191144148FBDD87E62A8AE445C_label_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_9A5DFA191144148FBDD87E62A8AE445C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_9A5DFA191144148FBDD87E62A8AE445C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_9A5DFA191144148FBDD87E62A8AE445C" xlink:to="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_9A5DFA191144148FBDD87E62A8AE445C" xlink:type="arc" />
    <link:label id="lab_mac_FashionDistrictPhiladelphiaMember_1A7597E6B44D75DD5E337E62A8AEAAF1_terseLabel_en-US" xlink:label="lab_mac_FashionDistrictPhiladelphiaMember_1A7597E6B44D75DD5E337E62A8AEAAF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fashion District Philadelphia</link:label>
    <link:label id="lab_mac_FashionDistrictPhiladelphiaMember_1A7597E6B44D75DD5E337E62A8AEAAF1_label_en-US" xlink:label="lab_mac_FashionDistrictPhiladelphiaMember_1A7597E6B44D75DD5E337E62A8AEAAF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fashion District Philadelphia [Member]</link:label>
    <link:label id="lab_mac_FashionDistrictPhiladelphiaMember_1A7597E6B44D75DD5E337E62A8AEAAF1_documentation_en-US" xlink:label="lab_mac_FashionDistrictPhiladelphiaMember_1A7597E6B44D75DD5E337E62A8AEAAF1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fashion District Philadelphia [Member]</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_FashionDistrictPhiladelphiaMember" xlink:label="loc_mac_FashionDistrictPhiladelphiaMember_1A7597E6B44D75DD5E337E62A8AEAAF1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_FashionDistrictPhiladelphiaMember_1A7597E6B44D75DD5E337E62A8AEAAF1" xlink:to="lab_mac_FashionDistrictPhiladelphiaMember_1A7597E6B44D75DD5E337E62A8AEAAF1" xlink:type="arc" />
    <link:label id="lab_mac_WestcorQueenCreekLLCMember_302E496F9B1CCD585BEF7E62A8AF6E17_terseLabel_en-US" xlink:label="lab_mac_WestcorQueenCreekLLCMember_302E496F9B1CCD585BEF7E62A8AF6E17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Westcor/Queen Creek LLC</link:label>
    <link:label id="lab_mac_WestcorQueenCreekLLCMember_302E496F9B1CCD585BEF7E62A8AF6E17_label_en-US" xlink:label="lab_mac_WestcorQueenCreekLLCMember_302E496F9B1CCD585BEF7E62A8AF6E17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Westcor/Queen Creek LLC [Member]</link:label>
    <link:label id="lab_mac_WestcorQueenCreekLLCMember_302E496F9B1CCD585BEF7E62A8AF6E17_documentation_en-US" xlink:label="lab_mac_WestcorQueenCreekLLCMember_302E496F9B1CCD585BEF7E62A8AF6E17" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the joint venture, Westcor/Queen Creek LLC.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_WestcorQueenCreekLLCMember" xlink:label="loc_mac_WestcorQueenCreekLLCMember_302E496F9B1CCD585BEF7E62A8AF6E17" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_WestcorQueenCreekLLCMember_302E496F9B1CCD585BEF7E62A8AF6E17" xlink:to="lab_mac_WestcorQueenCreekLLCMember_302E496F9B1CCD585BEF7E62A8AF6E17" xlink:type="arc" />
    <link:label id="lab_mac_TheMarketAtEstrellaFallsMember_E11F894CBD1F3E77BCCF7E62A8AFA6F6_terseLabel_en-US" xlink:label="lab_mac_TheMarketAtEstrellaFallsMember_E11F894CBD1F3E77BCCF7E62A8AFA6F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The Market at Estrella Falls</link:label>
    <link:label id="lab_mac_TheMarketAtEstrellaFallsMember_E11F894CBD1F3E77BCCF7E62A8AFA6F6_label_en-US" xlink:label="lab_mac_TheMarketAtEstrellaFallsMember_E11F894CBD1F3E77BCCF7E62A8AFA6F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">The Market at Estrella Falls [Member]</link:label>
    <link:label id="lab_mac_TheMarketAtEstrellaFallsMember_E11F894CBD1F3E77BCCF7E62A8AFA6F6_documentation_en-US" xlink:label="lab_mac_TheMarketAtEstrellaFallsMember_E11F894CBD1F3E77BCCF7E62A8AFA6F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the joint venture, The Market at Estrella Falls LLC.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_TheMarketAtEstrellaFallsMember" xlink:label="loc_mac_TheMarketAtEstrellaFallsMember_E11F894CBD1F3E77BCCF7E62A8AFA6F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_TheMarketAtEstrellaFallsMember_E11F894CBD1F3E77BCCF7E62A8AFA6F6" xlink:to="lab_mac_TheMarketAtEstrellaFallsMember_E11F894CBD1F3E77BCCF7E62A8AFA6F6" xlink:type="arc" />
    <link:label id="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_A582AD646BD8F8C0B1EC7E62A8AF470C_terseLabel_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_A582AD646BD8F8C0B1EC7E62A8AF470C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate, Type of Property [Axis]</link:label>
    <link:label id="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_A582AD646BD8F8C0B1EC7E62A8AF470C_label_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_A582AD646BD8F8C0B1EC7E62A8AF470C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate, Type of Property [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis" xlink:label="loc_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_A582AD646BD8F8C0B1EC7E62A8AF470C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_A582AD646BD8F8C0B1EC7E62A8AF470C" xlink:to="lab_srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_A582AD646BD8F8C0B1EC7E62A8AF470C" xlink:type="arc" />
    <link:label id="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_894EC8356D29E82C10217E62A8AFD910_terseLabel_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_894EC8356D29E82C10217E62A8AFD910" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate [Domain]</link:label>
    <link:label id="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_894EC8356D29E82C10217E62A8AFD910_label_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_894EC8356D29E82C10217E62A8AFD910" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:label="loc_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_894EC8356D29E82C10217E62A8AFD910" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_894EC8356D29E82C10217E62A8AFD910" xlink:to="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_894EC8356D29E82C10217E62A8AFD910" xlink:type="arc" />
    <link:label id="lab_srt_OfficeBuildingMember_AC88C63449B7D1C713027E62A8B08754_terseLabel_en-US" xlink:label="lab_srt_OfficeBuildingMember_AC88C63449B7D1C713027E62A8B08754" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Office building</link:label>
    <link:label id="lab_srt_OfficeBuildingMember_AC88C63449B7D1C713027E62A8B08754_label_en-US" xlink:label="lab_srt_OfficeBuildingMember_AC88C63449B7D1C713027E62A8B08754" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Office Building [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_OfficeBuildingMember" xlink:label="loc_srt_OfficeBuildingMember_AC88C63449B7D1C713027E62A8B08754" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OfficeBuildingMember_AC88C63449B7D1C713027E62A8B08754" xlink:to="lab_srt_OfficeBuildingMember_AC88C63449B7D1C713027E62A8B08754" xlink:type="arc" />
    <link:label id="lab_us-gaap_LandMember_ADBF0E0B86FAB3E974767E62A8B03BA8_terseLabel_en-US" xlink:label="lab_us-gaap_LandMember_ADBF0E0B86FAB3E974767E62A8B03BA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land</link:label>
    <link:label id="lab_us-gaap_LandMember_ADBF0E0B86FAB3E974767E62A8B03BA8_label_en-US" xlink:label="lab_us-gaap_LandMember_ADBF0E0B86FAB3E974767E62A8B03BA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LandMember" xlink:label="loc_us-gaap_LandMember_ADBF0E0B86FAB3E974767E62A8B03BA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LandMember_ADBF0E0B86FAB3E974767E62A8B03BA8" xlink:to="lab_us-gaap_LandMember_ADBF0E0B86FAB3E974767E62A8B03BA8" xlink:type="arc" />
    <link:label id="lab_mac_LosAngelesPremiumOutletsMember_7F075AD3E570C53CDF337E62A8B1B6FE_terseLabel_en-US" xlink:label="lab_mac_LosAngelesPremiumOutletsMember_7F075AD3E570C53CDF337E62A8B1B6FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Los Angeles Premium Outlets</link:label>
    <link:label id="lab_mac_LosAngelesPremiumOutletsMember_7F075AD3E570C53CDF337E62A8B1B6FE_label_en-US" xlink:label="lab_mac_LosAngelesPremiumOutletsMember_7F075AD3E570C53CDF337E62A8B1B6FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Los Angeles Premium Outlets [Member]</link:label>
    <link:label id="lab_mac_LosAngelesPremiumOutletsMember_7F075AD3E570C53CDF337E62A8B1B6FE_documentation_en-US" xlink:label="lab_mac_LosAngelesPremiumOutletsMember_7F075AD3E570C53CDF337E62A8B1B6FE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Los Angeles Premium Outlets [Member]</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_LosAngelesPremiumOutletsMember" xlink:label="loc_mac_LosAngelesPremiumOutletsMember_7F075AD3E570C53CDF337E62A8B1B6FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_LosAngelesPremiumOutletsMember_7F075AD3E570C53CDF337E62A8B1B6FE" xlink:to="lab_mac_LosAngelesPremiumOutletsMember_7F075AD3E570C53CDF337E62A8B1B6FE" xlink:type="arc" />
    <link:label id="lab_mac_LosAngelesPremiumOutletsSecondStageMember_5FD638BF6E30CA6CD70D7E62A8B16461_terseLabel_en-US" xlink:label="lab_mac_LosAngelesPremiumOutletsSecondStageMember_5FD638BF6E30CA6CD70D7E62A8B16461" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Los Angeles Premium Outlets, second stage</link:label>
    <link:label id="lab_mac_LosAngelesPremiumOutletsSecondStageMember_5FD638BF6E30CA6CD70D7E62A8B16461_label_en-US" xlink:label="lab_mac_LosAngelesPremiumOutletsSecondStageMember_5FD638BF6E30CA6CD70D7E62A8B16461" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Los Angeles Premium Outlets, Second Stage [Member]</link:label>
    <link:label id="lab_mac_LosAngelesPremiumOutletsSecondStageMember_5FD638BF6E30CA6CD70D7E62A8B16461_documentation_en-US" xlink:label="lab_mac_LosAngelesPremiumOutletsSecondStageMember_5FD638BF6E30CA6CD70D7E62A8B16461" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Los Angeles Premium Outlets, Second Stage [Member]</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_LosAngelesPremiumOutletsSecondStageMember" xlink:label="loc_mac_LosAngelesPremiumOutletsSecondStageMember_5FD638BF6E30CA6CD70D7E62A8B16461" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_LosAngelesPremiumOutletsSecondStageMember_5FD638BF6E30CA6CD70D7E62A8B16461" xlink:to="lab_mac_LosAngelesPremiumOutletsSecondStageMember_5FD638BF6E30CA6CD70D7E62A8B16461" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleOfBuildings_E3039215A99EED42907B7E62A8B22D2A_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfBuildings_E3039215A99EED42907B7E62A8B22D2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of building</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfBuildings_E3039215A99EED42907B7E62A8B22D2A_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfBuildings_E3039215A99EED42907B7E62A8B22D2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Buildings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromSaleOfBuildings" xlink:label="loc_us-gaap_ProceedsFromSaleOfBuildings_E3039215A99EED42907B7E62A8B22D2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfBuildings_E3039215A99EED42907B7E62A8B22D2A" xlink:to="lab_us-gaap_ProceedsFromSaleOfBuildings_E3039215A99EED42907B7E62A8B22D2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfProperties_B0BF6F4ED3552886F9D77E62A8B2A19B_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfProperties_B0BF6F4ED3552886F9D77E62A8B2A19B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of building</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfProperties_B0BF6F4ED3552886F9D77E62A8B2A19B_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfProperties_B0BF6F4ED3552886F9D77E62A8B2A19B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Properties</link:label>
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    <link:label id="lab_us-gaap_FinanceLeasePrincipalPayments_9F8F9E62C2E9AA52A2EF7E62A92E7B84_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FinanceLeasePrincipalPayments_9F8F9E62C2E9AA52A2EF7E62A92E7B84" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payments on finance leases</link:label>
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    <link:label id="lab_mac_PacificPremierRetailLPMember_F880703648885FA1C5907E62A87AE6B0_terseLabel_en-US" xlink:label="lab_mac_PacificPremierRetailLPMember_F880703648885FA1C5907E62A87AE6B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PPR Portfolio</link:label>
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    <link:label id="lab_mac_PacificPremierRetailLPMember_F880703648885FA1C5907E62A87AE6B0_documentation_en-US" xlink:label="lab_mac_PacificPremierRetailLPMember_F880703648885FA1C5907E62A87AE6B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents Pacific Premier Retail LP, a joint venture in which the entity has made investment.</link:label>
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    <link:label id="lab_mac_OtherJointVenturesMember_BAF7C3C48D274A73E5407E62A87A9AA2_documentation_en-US" xlink:label="lab_mac_OtherJointVenturesMember_BAF7C3C48D274A73E5407E62A87A9AA2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents other joint ventures in which the entity participates, not specifically identified.</link:label>
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    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue_FA26A9E4E130E7ED03B57E62A87CA134_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue_FA26A9E4E130E7ED03B57E62A87CA134" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue_FA26A9E4E130E7ED03B57E62A87CA134_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue_FA26A9E4E130E7ED03B57E62A87CA134" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Other Revenue</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue_FA26A9E4E130E7ED03B57E62A87CA134_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue_FA26A9E4E130E7ED03B57E62A87CA134" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The sum of all other revenue and income for the period reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue_FA26A9E4E130E7ED03B57E62A87CA134" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue_FA26A9E4E130E7ED03B57E62A87CA134" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue_FA26A9E4E130E7ED03B57E62A87CA134" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C2EFE1DBB246984083737E62A87C5917_totalLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C2EFE1DBB246984083737E62A87C5917" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C2EFE1DBB246984083737E62A87C5917_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C2EFE1DBB246984083737E62A87C5917" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C2EFE1DBB246984083737E62A87C5917" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C2EFE1DBB246984083737E62A87C5917" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_C2EFE1DBB246984083737E62A87C5917" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_7BE735253CC2FD5E71467E62A87C6B0A_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_7BE735253CC2FD5E71467E62A87C6B0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses:</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_7BE735253CC2FD5E71467E62A87C6B0A_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_7BE735253CC2FD5E71467E62A87C6B0A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_7BE735253CC2FD5E71467E62A87C6B0A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_7BE735253CC2FD5E71467E62A87C6B0A" xlink:to="lab_us-gaap_OperatingExpensesAbstract_7BE735253CC2FD5E71467E62A87C6B0A" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue_61CEBCE1FD600031E3C37E62A87C3889_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue_61CEBCE1FD600031E3C37E62A87C3889" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shopping center and operating expenses</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue_61CEBCE1FD600031E3C37E62A87C3889_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue_61CEBCE1FD600031E3C37E62A87C3889" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Cost of Real Estate Revenue</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue_61CEBCE1FD600031E3C37E62A87C3889_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue_61CEBCE1FD600031E3C37E62A87C3889" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the total of the costs related to real estate revenues reported for the period by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue_61CEBCE1FD600031E3C37E62A87C3889" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue_61CEBCE1FD600031E3C37E62A87C3889" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue_61CEBCE1FD600031E3C37E62A87C3889" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense_966C0E0C81F32719B0AF7E62A87DF033_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense_966C0E0C81F32719B0AF7E62A87DF033" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leasing expenses</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense_966C0E0C81F32719B0AF7E62A87DF033_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense_966C0E0C81F32719B0AF7E62A87DF033" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Leasing Expense</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense_966C0E0C81F32719B0AF7E62A87DF033_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense_966C0E0C81F32719B0AF7E62A87DF033" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Leasing Expense</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense_966C0E0C81F32719B0AF7E62A87DF033" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense_966C0E0C81F32719B0AF7E62A87DF033" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationLeasingExpense_966C0E0C81F32719B0AF7E62A87DF033" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense_AB08287DB8C1E9B6CA757E62A87D8B6D_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense_AB08287DB8C1E9B6CA757E62A87D8B6D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense_AB08287DB8C1E9B6CA757E62A87D8B6D_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense_AB08287DB8C1E9B6CA757E62A87D8B6D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Interest Expense</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense_AB08287DB8C1E9B6CA757E62A87D8B6D_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense_AB08287DB8C1E9B6CA757E62A87D8B6D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cost of borrowed funds accounted for as interest that was charged against earnings during the period by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense_AB08287DB8C1E9B6CA757E62A87D8B6D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense_AB08287DB8C1E9B6CA757E62A87D8B6D" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpense_AB08287DB8C1E9B6CA757E62A87D8B6D" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization_E4EAC9B603D9E0B1220E7E62A87D9DA4_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization_E4EAC9B603D9E0B1220E7E62A87D9DA4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization_E4EAC9B603D9E0B1220E7E62A87D9DA4_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization_E4EAC9B603D9E0B1220E7E62A87D9DA4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Depreciation and Amortization</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization_E4EAC9B603D9E0B1220E7E62A87D9DA4_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization_E4EAC9B603D9E0B1220E7E62A87D9DA4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The current period expense charged against earnings for depreciation and amortization on long-lived, physical assets not used in production, and which are not intended for resale, reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization_E4EAC9B603D9E0B1220E7E62A87D9DA4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization_E4EAC9B603D9E0B1220E7E62A87D9DA4" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization_E4EAC9B603D9E0B1220E7E62A87D9DA4" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses_31A86545E768C3C5D6F47E62A87D921A_totalLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses_31A86545E768C3C5D6F47E62A87D921A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total operating expenses</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses_31A86545E768C3C5D6F47E62A87D921A_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses_31A86545E768C3C5D6F47E62A87D921A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Operating Expenses</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses_31A86545E768C3C5D6F47E62A87D921A_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses_31A86545E768C3C5D6F47E62A87D921A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Generally recurring costs associated with normal operations for the period reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses_31A86545E768C3C5D6F47E62A87D921A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses_31A86545E768C3C5D6F47E62A87D921A" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses_31A86545E768C3C5D6F47E62A87D921A" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets_B42351C2ED5C900B6CFC7E62A87D0351_verboseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets_B42351C2ED5C900B6CFC7E62A87D0351" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">(Loss) gain on sale or write down of assets, net</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets_B42351C2ED5C900B6CFC7E62A87D0351_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets_B42351C2ED5C900B6CFC7E62A87D0351" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Gain (Loss) on Sale and Remeasurement of Assets</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets_B42351C2ED5C900B6CFC7E62A87D0351_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets_B42351C2ED5C900B6CFC7E62A87D0351" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the amount of gain or loss resulting from either the difference between the carrying value and the sales price or remeasurement of the carrying value of assets during the period, reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets_B42351C2ED5C900B6CFC7E62A87D0351" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets_B42351C2ED5C900B6CFC7E62A87D0351" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets_B42351C2ED5C900B6CFC7E62A87D0351" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_C5905D21FB11F82EC1BF7E62A87D2941_totalLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_C5905D21FB11F82EC1BF7E62A87D2941" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net (loss) income</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_C5905D21FB11F82EC1BF7E62A87D2941_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_C5905D21FB11F82EC1BF7E62A87D2941" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Net Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_C5905D21FB11F82EC1BF7E62A87D2941" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_C5905D21FB11F82EC1BF7E62A87D2941" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_C5905D21FB11F82EC1BF7E62A87D2941" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_B5AED8B67EF91D15742A7E62A87E9F13_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_B5AED8B67EF91D15742A7E62A87E9F13" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Company's equity in net (loss) income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_B5AED8B67EF91D15742A7E62A87E9F13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_B5AED8B67EF91D15742A7E62A87E9F13" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_B5AED8B67EF91D15742A7E62A87E9F13" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty_B0BE3ED1A1140349E4AF7E62A87ECB32_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty_B0BE3ED1A1140349E4AF7E62A87ECB32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense on borrowings from related party</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty_B0BE3ED1A1140349E4AF7E62A87ECB32_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty_B0BE3ED1A1140349E4AF7E62A87ECB32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Interest Expense Related Party</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty_B0BE3ED1A1140349E4AF7E62A87ECB32_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty_B0BE3ED1A1140349E4AF7E62A87ECB32" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of interest expense on a debt or other obligation to a related party reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty_B0BE3ED1A1140349E4AF7E62A87ECB32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty_B0BE3ED1A1140349E4AF7E62A87ECB32" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseRelatedParty_B0BE3ED1A1140349E4AF7E62A87ECB32" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_D14BE12EA41578DC1D895CA97795A60D_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_D14BE12EA41578DC1D895CA97795A60D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets:</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_D14BE12EA41578DC1D895CA97795A60D" xlink:type="locator" />
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    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet_CE93B67C09A0B0755A435CA97795A6C7_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet_CE93B67C09A0B0755A435CA97795A6C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, net</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet_CE93B67C09A0B0755A435CA97795A6C7_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet_CE93B67C09A0B0755A435CA97795A6C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Real Estate Investment Property, Net</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet_CE93B67C09A0B0755A435CA97795A6C7_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet_CE93B67C09A0B0755A435CA97795A6C7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net book value of real estate investment property reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet_CE93B67C09A0B0755A435CA97795A6C7" xlink:type="locator" />
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    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets_5408A6B6BD69982B371C5CA977954753_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets_5408A6B6BD69982B371C5CA977954753" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets_5408A6B6BD69982B371C5CA977954753_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets_5408A6B6BD69982B371C5CA977954753" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Other Assets</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets_5408A6B6BD69982B371C5CA977954753_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets_5408A6B6BD69982B371C5CA977954753" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The aggregate carrying amount of other assets not separately disclosed, reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets_5408A6B6BD69982B371C5CA977954753" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets_5408A6B6BD69982B371C5CA977954753" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherAssets_5408A6B6BD69982B371C5CA977954753" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_291488E6EC51F10E62C35CA977950E0D_totalLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_291488E6EC51F10E62C35CA977950E0D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_291488E6EC51F10E62C35CA977950E0D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_291488E6EC51F10E62C35CA977950E0D" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_291488E6EC51F10E62C35CA977950E0D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_072CC90AE06691553DD75CA9779641AF_verboseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_072CC90AE06691553DD75CA9779641AF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and partners' capital:</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_072CC90AE06691553DD75CA9779641AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_072CC90AE06691553DD75CA9779641AF" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_072CC90AE06691553DD75CA9779641AF" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt_689B0F6615EDCAD59FF45CA97796693A_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt_689B0F6615EDCAD59FF45CA97796693A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage and other notes payable</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt_689B0F6615EDCAD59FF45CA97796693A_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt_689B0F6615EDCAD59FF45CA97796693A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Secured Debt</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt_689B0F6615EDCAD59FF45CA97796693A_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt_689B0F6615EDCAD59FF45CA97796693A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt_689B0F6615EDCAD59FF45CA97796693A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt_689B0F6615EDCAD59FF45CA97796693A" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt_689B0F6615EDCAD59FF45CA97796693A" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_6E01C308A5859C56CBAB5CA97796F4FF_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_6E01C308A5859C56CBAB5CA97796F4FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_6E01C308A5859C56CBAB5CA97796F4FF_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_6E01C308A5859C56CBAB5CA97796F4FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Other Liabilities</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_6E01C308A5859C56CBAB5CA97796F4FF_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_6E01C308A5859C56CBAB5CA97796F4FF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The aggregate carrying amount of other liabilities not separately disclosed, reported by an equity method investment of the entity.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_6E01C308A5859C56CBAB5CA97796F4FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_6E01C308A5859C56CBAB5CA97796F4FF" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_6E01C308A5859C56CBAB5CA97796F4FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_6BD65B674588EA42BD065CA9779643BA_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_6BD65B674588EA42BD065CA9779643BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Company's capital</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_6BD65B674588EA42BD065CA9779643BA_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_6BD65B674588EA42BD065CA9779643BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Underlying Equity in Net Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets" xlink:label="loc_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_6BD65B674588EA42BD065CA9779643BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_6BD65B674588EA42BD065CA9779643BA" xlink:to="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_6BD65B674588EA42BD065CA9779643BA" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests_B5C811A088CA3C3CFC7A5CA977962085_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests_B5C811A088CA3C3CFC7A5CA977962085" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outside partners' capital</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests_B5C811A088CA3C3CFC7A5CA977962085_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests_B5C811A088CA3C3CFC7A5CA977962085" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Equity or Capital Other Interests</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests_B5C811A088CA3C3CFC7A5CA977962085_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests_B5C811A088CA3C3CFC7A5CA977962085" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of equity (capital) of an equity method investment of the entity that is attributable to other ownership interests.</link:label>
    <link:loc xlink:href="mac-20190331.xsd#mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests" xlink:label="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests_B5C811A088CA3C3CFC7A5CA977962085" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests_B5C811A088CA3C3CFC7A5CA977962085" xlink:to="lab_mac_EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests_B5C811A088CA3C3CFC7A5CA977962085" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_1D5B20BDDE5234E594DD5CA9779765E3_totalLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_1D5B20BDDE5234E594DD5CA9779765E3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and partners' capital</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_1D5B20BDDE5234E594DD5CA9779765E3_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_1D5B20BDDE5234E594DD5CA9779765E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity" xlink:label="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_1D5B20BDDE5234E594DD5CA9779765E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_1D5B20BDDE5234E594DD5CA9779765E3" xlink:to="lab_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_1D5B20BDDE5234E594DD5CA9779765E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstract_E7F51523524DDD1A72F45CA9779743B8_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstract_E7F51523524DDD1A72F45CA9779743B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in unconsolidated joint ventures:</link:label>
    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstract_E7F51523524DDD1A72F45CA9779743B8_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstract_E7F51523524DDD1A72F45CA9779743B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstract" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstract_E7F51523524DDD1A72F45CA9779743B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstract_E7F51523524DDD1A72F45CA9779743B8" xlink:to="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesAbstract_E7F51523524DDD1A72F45CA9779743B8" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_535E9B4FB135CA8648205CA977972ED4_netLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_535E9B4FB135CA8648205CA977972ED4" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Company's capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets" xlink:label="loc_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_535E9B4FB135CA8648205CA977972ED4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_535E9B4FB135CA8648205CA977972ED4" xlink:to="lab_us-gaap_EquityMethodInvestmentUnderlyingEquityInNetAssets_535E9B4FB135CA8648205CA977972ED4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_F7E8FF343AD1171251B75CA9779730FC_totalLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_F7E8FF343AD1171251B75CA9779730FC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Basis adjustment</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_F7E8FF343AD1171251B75CA9779730FC_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_F7E8FF343AD1171251B75CA9779730FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Difference Between Carrying Amount and Underlying Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity" xlink:label="loc_us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_F7E8FF343AD1171251B75CA9779730FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_F7E8FF343AD1171251B75CA9779730FC" xlink:to="lab_us-gaap_EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity_F7E8FF343AD1171251B75CA9779730FC" xlink:type="arc" />
    <link:label id="lab_mac_EquityMethodInvestmentsNet_0426F9D023A977F085D75CA97797ADF6_terseLabel_en-US" xlink:label="lab_mac_EquityMethodInvestmentsNet_0426F9D023A977F085D75CA97797ADF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in unconsolidated joint ventures</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentsNet_0426F9D023A977F085D75CA97797ADF6_label_en-US" xlink:label="lab_mac_EquityMethodInvestmentsNet_0426F9D023A977F085D75CA97797ADF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments, Net</link:label>
    <link:label id="lab_mac_EquityMethodInvestmentsNet_0426F9D023A977F085D75CA97797ADF6_documentation_en-US" xlink:label="lab_mac_EquityMethodInvestmentsNet_0426F9D023A977F085D75CA97797ADF6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee, net of the liability for distributions received in excess of the entity's investment.</link:label>
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    <link:label id="lab_mac_PromenadeAtCasaGrandeMember_4261FA7F1ED48C39DAC75CA97588790D_terseLabel_en-US" xlink:label="lab_mac_PromenadeAtCasaGrandeMember_4261FA7F1ED48C39DAC75CA97588790D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Promenade at Casa Grande</link:label>
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    <link:label id="lab_us-gaap_RealEstateOtherMember_CC06C6B69E7C1CB63D058E6D8875C6A3_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateOtherMember_CC06C6B69E7C1CB63D058E6D8875C6A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
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    <link:label id="lab_us-gaap_ManagementServiceMember_45E6F0E2E5555A17F3B98E6D887738EE_terseLabel_en-US" xlink:label="lab_us-gaap_ManagementServiceMember_45E6F0E2E5555A17F3B98E6D887738EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Management Companies' operating expenses</link:label>
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    <link:label id="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextRollingTwelveMonths_B31AECE1FCAC6575FD1D8DE838D06141_terseLabel_en-US" xlink:label="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextRollingTwelveMonths_B31AECE1FCAC6575FD1D8DE838D06141" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextRollingTwelveMonths" xlink:label="loc_us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextRollingTwelveMonths_B31AECE1FCAC6575FD1D8DE838D06141" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearTwo" xlink:label="loc_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearTwo_8C68A0E3570B0D97D5168DE84B4BBFEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearTwo_8C68A0E3570B0D97D5168DE84B4BBFEE" xlink:to="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearTwo_8C68A0E3570B0D97D5168DE84B4BBFEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearThree_74B550305CFD4E9917EF8DE862AAC7FE_terseLabel_en-US" xlink:label="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearThree_74B550305CFD4E9917EF8DE862AAC7FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2022</link:label>
    <link:label id="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearThree_74B550305CFD4E9917EF8DE862AAC7FE_label_en-US" xlink:label="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearThree_74B550305CFD4E9917EF8DE862AAC7FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lessor, Operating Lease, Payments to be Received, Rolling Year Three</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearThree" xlink:label="loc_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearThree_74B550305CFD4E9917EF8DE862AAC7FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearThree_74B550305CFD4E9917EF8DE862AAC7FE" xlink:to="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearThree_74B550305CFD4E9917EF8DE862AAC7FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearFour_676B1AE0758D0D285CDF8DE876F93581_terseLabel_en-US" xlink:label="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearFour_676B1AE0758D0D285CDF8DE876F93581" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2023</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearFour" xlink:label="loc_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearFour_676B1AE0758D0D285CDF8DE876F93581" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearFour_676B1AE0758D0D285CDF8DE876F93581" xlink:to="lab_us-gaap_LessorOperatingLeasePaymentsToBeReceivedRollingYearFour_676B1AE0758D0D285CDF8DE876F93581" xlink:type="arc" />
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    <link:label id="lab_us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract_A90783FAFF233559E6EA8DD6CC74B40F_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract_A90783FAFF233559E6EA8DD6CC74B40F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Leases</link:label>
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    <link:label id="lab_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_59ADDCA25B22D5E9D8598DD6CC74A887_terseLabel_en-US" xlink:label="lab_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_59ADDCA25B22D5E9D8598DD6CC74A887" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
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    <link:label id="lab_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_6646897C43AF389257DD8DD6CC74447E_terseLabel_en-US" xlink:label="lab_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_6646897C43AF389257DD8DD6CC74447E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:label="loc_us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_89329AFD45376F4D58C28DD6CC75302C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OperatingLeaseLiability_B64AD14337C015ECBCE18DD6CC752951_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeaseLiability_B64AD14337C015ECBCE18DD6CC752951" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
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    <link:label id="lab_us-gaap_LeasesOperatingAbstract_B17D3BB9900653A1112F8DDECB44D696_terseLabel_en-US" xlink:label="lab_us-gaap_LeasesOperatingAbstract_B17D3BB9900653A1112F8DDECB44D696" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Leases</link:label>
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    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_5D689117F0F74152EF3D8DD964CB7895_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_5D689117F0F74152EF3D8DD964CB7895" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
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    <link:label id="lab_us-gaap_LeasesCapitalAbstract_74A77F1AA8E8371871E78DDF3D3BA9CB_terseLabel_en-US" xlink:label="lab_us-gaap_LeasesCapitalAbstract_74A77F1AA8E8371871E78DDF3D3BA9CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance Leases</link:label>
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    <link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears_EC734ECBF9C2BF4006F68DDABB29154E_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears_EC734ECBF9C2BF4006F68DDABB29154E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
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