RockStep Capital is proud to announce that our acquisition of Riverwalk Outlets in 2022 has earned us a CoStar Impact Award for sale/acquisition of the year.
This CoStar Impact Award, one of five CoStar honors, acknowledges acquisitions that have significant influence in neighborhoods or submarkets across hundreds of major markets in the U.S., Canada and the United Kingdom. The award aims to highlight transactions and projects that deliver “innovation, leadership and professionalism to their markets.”
The RockStep team has goals for developing Riverwalk Outlets to bring unmatched value to the New Orleans market. Our experts plan on adding major high-end retailers, expanding dining options and continuing the development of Spanish Plaza.
“Drawing upon our experience and strategies managing a portfolio of 22 malls and shopping centers, we’re excited to make our mark on New Orleans and breathe new life into the Riverwalk,” says RockStep Capital President Andy Weiner. “We have an incredible team of local partners to help us make the necessary improvements to ensure the mall remains the premier outlet shopping destination in downtown New Orleans.”
With scenic riverfront views and over 75 retailers, including luxury brands like Coach and Kate Spade, Riverwalk Outlets has been a premier New Orleans shopping destination since 1986. After COVID-19, coveted retail space has become available, and the property is drawing in high-end retailers like Karl Lagerfeld Paris.
RockStep’s three-year renovation plan will modernize the property and create new restaurant opportunities with patio dining while increasing local events to continue Riverwalk Outlets’ legacy as a top-tier downtown destination. We’re proud to be recipients of the CoStar Impact Award and look forward to continued success at Riverwalk Outlets.