This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Rouse Properties Announces Repositioning And Cosmetic Renovation Of Bayshore Mall

Today, Rouse Properties, Inc. (NYSE: RSE), a national owner and operator of enclosed regional malls, announced the execution of leases with T.J. Maxx, ULTA Beauty and The Sports Authority at its Bayshore Mall located in Eureka, California. All three retailers are expected to open prior to the holiday 2013 shopping season, joining the recently opened Wal-Mart. These stores will be the first for each retailer in the North Coast region of California, with their closest stores over 100 miles away.

Rouse Properties also announced a multi-million dollar cosmetic renovation of the mall to be completed in 2013. The renovation is planned to include a new tile floor, soft seating and new common area amenities, upgraded interior lighting, a new children’s play area and refreshed pylon and directional site signage. Wi-Fi is also being installed, allowing shoppers to connect to the internet throughout the mall.

“Our significant progress in the repositioning of Bayshore Mall, in such a short period since our formation, is a prime example of Rouse’s ability to not only attract leading retailers, but to implement a tailored strategy for each of the malls in our portfolio,” said Andrew Silberfein, president and chief executive officer for Rouse Properties. “As the only enclosed mall serving a 155 mile radius, we are delivering a substantially improved shopping environment for our customers and retailers at Bayshore Mall and strengthening our draw as a leading retail destination in the region.”

With over 1,000 stores, T.J. Maxx is the largest off-price retailer of apparel and home fashions in the U.S., and will replace a former Borders bookstore at the center. ULTA Beauty, the nation’s largest beauty retailer, will include a full-service salon specializing in the latest hair, nail and skin services. The Sports Authority, with over 450 stores across the country, will offer the most comprehensive assortment of sporting goods and accessories in the market. ULTA and The Sports Authority will replace a former theater and previously unproductive in-line space.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.18 1.64%
FB $117.43 -0.96%
GOOG $692.36 -0.84%
TSLA $232.32 -3.92%
YHOO $36.01 -1.42%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs