Rouse Properties Completes Sale of The Shoppes at Knollwood

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NEW YORK--(BUSINESS WIRE)--Rouse Properties, Inc. (NYSE:RSE), a national owner and operator of enclosed regional malls, today announced the disposition of The Shoppes at Knollwood, in suburban Minneapolis, Minnesota, for gross proceeds of $106.7 million. “This transaction is illustrative of the significant value we are creating throughout our portfolio. At The Shoppes at Knollwood, we transformed an under-productive regional mall located in a highly competitive market into an institutional qual

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