Rouse Properties Adds Regal Cinemas as Anchor Tenant at Three Rivers Mall
Company Release – 5/08/2013
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.
Rouse Properties, Inc.
Missy Heanue, 646-755-7088
Source: Rouse Properties, Inc.