Debevoise Advises Westfield Corporation in the Transfer of Westfield Carlsbad to Rouse Properties, Inc.

12 November 2015

Debevoise & Plimpton LLP advised Westfield Corporation in the transfer of Westfield Carlsbad, a 1.1 million-square-foot super-regional enclosed mall located in Carlsbad, California, to Rouse Properties, Inc. for a total purchase price of $170 million.

Westfield Corporation (ASX: WFD) is an internally managed, vertically integrated, shopping centre group undertaking ownership, development, design, construction, funds/asset management, property management, leasing and marketing activities and employing approximately 2,000 staff worldwide. Westfield Corporation has interests in 40 shopping centres in the United States and the United Kingdom, encompassing approximately 7,400 retail outlets and total assets under management of $29.3 billion.

The Debevoise team was led by partner Nicole Levin Mesard and included partner Paul M. Rodel and associates Daniel Farrell, Yosefa A. Englard, Nicholas C.H. Roper and Cara Soffer.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.