M&A Deal Summary

Rouse Properties Acquires Mt Shasta Mall

On February 18, 2015, Rouse Properties acquired retailer Mt Shasta Mall

Acquisition Highlights
  • This is Rouse Properties’ 1st transaction in the Retail sector.
  • This is Rouse Properties’ 1st transaction in the United States.
  • This is Rouse Properties’ 1st transaction in California.

M&A Deal Summary

Date 2015-02-18
Target Mt Shasta Mall
Sector Retail
Buyer(s) Rouse Properties
Deal Type Add-on Acquisition

Target

Mt Shasta Mall

Redding, California, United States
Mt. Shasta Mall serves as the retail hub for the Redding trade area. The region’s high quality of life, low cost of living, warm climate, beautiful setting, diverse recreational and cultural attractions, and strong local and regional economic drivers make Redding an attractive location for residents, visitors and employers alike.

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Buyer(S) 1

Buyer

Rouse Properties

New York, New York, United States

Category Company
Founded 2012
Sector Real Estate
Employees332
Revenue 305M USD (2015)
DESCRIPTION

Rouse Properties, Inc. is a real estate investment trust owns and manages 35 regional malls and retail centers in 21 states encompassing approximately 23.8 million square feet. Rouse Properties was founded in 2012 and is based in New York.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1