Rouse Properties Promotes Brian Harper to Oversee Acquisitions Program
Company Release – 3/20/2015
NEW YORK–(BUSINESS WIRE)– Rouse Properties, Inc. (NYSE: RSE) (“Rouse” or the “Company”), a leading owner of regional malls, today announced it has promoted Brian Harper, Executive Vice President of Leasing, to oversee Rouse’s acquisitions program. To reflect his additional responsibilities, Mr. Harper’s official title is now Executive Vice President of Leasing & Acquisitions.
Mr. Harper has played a key role in executing the Company’s growth strategy and creating long-term value by overseeing the leasing team which, since Rouse’s formation in 2012, has leased approximately 6.6 million square feet and significantly increased portfolio occupancy by 410 basis points.
In 2014, Mr. Harper was honored as one of Chain Store Age’s top ten individuals under the age of 40 who are making a significant impact in retail real estate.
“Brian’s proven leadership, vast network of industry relationships and track record of success make him the ideal person to oversee the continued growth of our acquisitions program,” said Andrew Silberfein, President and Chief Executive Officer of Rouse Properties. “In his expanded role, Brian will combine the strong research and analytical skills of the acquisitions team with deep market knowledge and strong retailer relationships to provide us with an enhanced competitive edge in the market.”
Since 2012, Rouse has completed eight acquisitions for more than $750 million in fundamentally strong markets across Alabama, Arkansas, California, Maryland, Michigan, Mississippi, North Carolina and Virginia, further enhancing the geographic diversification of its national portfolio.
“I am excited about the opportunity to expand my scope of responsibilities and continue our external growth by selectively acquiring highly productive retail assets with significant upside potential where we can apply our transformational value-enhancing skills,” said Harper.
About Rouse Properties
Rouse 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 36 malls in 22 states encompassing over 25.5 million square feet of space. For more information, visitwww.rouseproperties.com.
Source: Rouse Properties