NEW YORK -- (Business Wire)
Rouse
Properties, Inc. (NYSE: RSE), a national owner and operator of
regional enclosed malls, today announced it has signed a lease with Regal
Cinemas, a leading motion picture exhibitor, to open a
state-of-the-art 12-screen cineplex at Three
Rivers Mall located in Kelso, Washington. The 50,000 square foot
stadium seating theater will replace the location previously occupied by
Sears, which ceased its operations at Three Rivers Mall in the first
quarter. Regal Cinemas will serve as a key entertainment anchor at the
420,000 square foot mall. Other anchor tenants include Macy’s and
jcpenney.
“Regal Cinema brings an exceptional entertainment destination to Three
Rivers Mall, featuring an unmatched movie-going experience with the
latest amenities,” said Brian Harper, Executive Vice President of
Leasing at Rouse Properties. “This is an exciting addition to our
repositioning efforts already underway at Three Rivers Mall, and
demonstrates not only the resiliency of our portfolio but our ability to
complete large and complex transactions in a short time frame.”
Three Rivers Mall is the only enclosed regional mall within a 40 mile
radius and is located in the downtown area of Kelso directly off heavily
traveled I-5. The single-level, enclosed shopping center is home to more
than 50 specialty retailers including Pier 1, Bath & Body Works, Big-5
Sporting Goods and Famous Footwear.
About Rouse Properties, Inc.
Rouse Properties, Inc. (NYSE:RSE) is a publicly traded real estate
investment trust headquartered in New York City and founded on a legacy
of innovation and creativity. Among the country's largest publicly
traded regional mall owners, the Company's geographically diverse
portfolio spans the United States from coast to coast, and includes 32
malls in 20 states encompassing approximately 22.5 million square feet
of space. For more information please visit: www.rouseproperties.com.
Contacts:
Rouse Properties, Inc.
Missy Heanue, 646-755-7088
melissa.heanue@rouseproperties.com
Source: Rouse Properties, Inc.
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