Rouse Properties
File:RousePropertiesLogo.png | |
Company type | Public company |
---|---|
NYSE: RSE | |
Industry | Property Investment Trust |
Founded | 2011 |
Headquarters | New York City, New York, U.S. |
Products | Investment trust |
Website | www |
Rouse Properties is a publicly traded real estate investment trust headquartered in New York City. Plans to create a spin-off entity of General Growth Properties, Inc. ("GGP") were announced in August 2011, after GGP filed a Form 10 registration statement with the Securities and Exchange Commission.[1][2] Rouse Properties formally debuted on the New York Stock Exchange on January 13, 2012, following the completion of the spin-off from General Growth Properties.
Focused on management, redevelopment, repositioning, and acquisition of Class B regional malls, Rouse Properties owns 35 malls in 22 states encompassing approximately 24.5 million square feet of retail space.[3] In February 2012, leading investment website Seeking Alpha published an article suggesting that Rouse Properties may be undervalued, but that part of this undervaluation comes from the leverage.[4]
Rouse Properties by state
Alabama
- Bel Air Mall, Mobile
Arizona
- The Mall at Sierra Vista, Sierra Vista
Arkansas
- The Mall at Turtle Creek, Jonesboro
California
- Bayshore Mall, Eureka
- Chula Vista Center, Chula Vista
- NewPark Mall, Newark
- Southland Mall, Hayward
- West Valley Mall, Tracy
Florida
- Lakeland Square, Lakeland
Idaho
- Silver Lake Mall, Coeur D'Alene
Illinois
- Spring Hill Mall, West Dundee
Louisiana
- Mall St. Vincent, Shreveport
- Pierre Bossier Mall, Bossier City
Maryland
- Centre at Salisbury, Salisbury
Michigan
- Birchwood Mall, Port Huron
- Grand Traverse Mall, Traverse City
- Lansing Mall, Lansing
- Southland Center, Taylor
- Westwood Mall, Jackson
Minnesota
- Knollwood Mall, St Louis Park
New Hampshire
- Steeplegate Mall, Concord
New Mexico
- Animas Valley Mall, Farmington
- North Plains Mall, Clovis
North Carolina
- Valley Hills Mall, Hickory
Ohio
- Colony Square Mall, Zanesville
Oklahoma
- Washington Park Mall, Bartlesville
Oregon
- Gateway Mall, Springfield
Texas
- Collin Creek Mall, Plano
- Sikes Senter, Wichita Falls
- Vista Ridge Mall, Lewisville
Utah
- Cache Valley Mall, Logan
Virginia
- Chesterfield Towne Center, Chesterfield
Washington
- Three Rivers Mall, Kelso
Wyoming
- White Mountain Mall, Rock Springs
References
- ^ "Rouse Properties Spins Off as REIT". exchanges.nyx.com. 2012-01-12. Retrieved 2012-02-08.
- ^ "Rouse Properties, Inc. Debuts as Publicly Traded Regional Mall REIT". bradenton.com. 2012-01-12. Retrieved 2012-02-08.
- ^ "Rouse Properties, Inc. Sets Record Date for Rights Offering". Market Watch. 2012-02-03. Retrieved 2012-02-11.
- ^ "Another GGP Spin-Off: Rouse Properties Seems Undervalued". Seeking Alpha. 2012-02-02. Retrieved 2012-02-11.
- "Information Package: Rouse Properties, Inc. Planned Distribution to Stockholders" (PDF). Rouse Properties. 2011-08-29.
- "Our Company". Rouse Properties. Retrieved 2012-01-12.