**Exhibit 21**

 

Subsidiaries of the Registrant.

 

The registrant hadno parent at December 31, 2003.

 

As of December 31,2003, The Rouse Company holds the indicated interest (100% unless otherwisenoted) in the following entities:

 

Hermes,Incorporated, a Maryland corporation

Howard HughesProperties, Inc., a Nevada corporation

HRD Properties,Inc., a Maryland corporation

HRD Remainder,Inc., a Maryland corporation

The HughesCorporation, a Delaware corporation

Rouse Capital, aDelaware business trust(1)

Rouse PropertyManagement, Inc., a Maryland corporation (99.9% owned)

Rouse-Wincopin,LLC, a Maryland LLC

The Rouse CompanyBusiness Trust, a Maryland business trust(2)

TRC Exton Plymouth12 through 39, LLC, Delaware LLCs(3)

TRC Gallery atMarket East 1 through 39, LLC, Delaware LLCs(4)

TRC PropertyHoldings, Inc., a Maryland corporation

TRCGP, Inc., aMaryland corporation

TWC OperatingHoldings, Inc., a Delaware corporation

 

HowardHughes Properties, Inc. holds the indicated interest (100% unless otherwisenoted) in the following entities:

 

10000West Charleston Boulevard, LLC, a Nevada LLC

CenterpointPlaza Co., a general partnership, a Nevada partnership(5)

HowardHughes Canyon Pointe Q3, LLC, a Nevada LLC

HowardHughes Canyon Pointe Q4, LLC, a Nevada LLC

HowardHughes Centerpoint, LLC, a Nevada LLC

HowardHughes Properties IV, LLC, a Delaware LLC

HowardHughes Properties V, LLC, a Delaware LLC

HowardHughes Properties VI, LLC, a Nevada LLC

HowardHughes Properties VII, LLC, a Nevada LLC

HRD-HHPHoldings, LLC, a Nevada LLC

RouseWestin, Inc., a Maryland corporation

 

CenterpointPlaza Co., a general partnership holds the indicated interest (100% unlessotherwise noted) in the following Nevada entities:

 

CenterPointe Plaza, LLC (50% owned)

 

RouseWestin, Inc. holds the indicated interest (100% unless otherwise noted) in thefollowing Delaware entities:

 

DTAAcquisition LLC (48.1176% owned)

 

HRDProperties, Inc. holds the indicated interest (100% unless otherwise noted) inthe following entities:

 

BCIHoldings, Inc., a Maryland corporation

 

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GreengateMall, Inc., a Pennsylvania corporation

PhiladelphiaGallery II, a Pennsylvania business trust(2)

RREFHotel Holdings, Inc., a Maryland corporation

Rouse-Abbey,LLC, a Maryland LLC

Rouse-Kravco,LLC, a Maryland LLC

TRCNJ Holding LP(5)

VCKHoldings, Inc., a Maryland corporation

 

BCIHoldings, Inc. holds the indicated interest (100% unless otherwise noted) inthe following Maryland entities:

 

Rouse-Brandywood,Inc.

 

Rouse-Brandywood,Inc. holds the indicated interest (100% unless otherwise noted) in thefollowing Maryland entities:

 

BrandywoodDevelopment Limited Partnership (50% owned)(5)

 

RREFHotel Holdings, Inc. holds the indicated interest (100% unless otherwise noted)in the following Maryland entities:

 

Rouse-FairwoodDevelopment Corporation

 

Rouse-FairwoodDevelopment Corporation holds the indicated interest (100% unless otherwisenoted) in the following Maryland entities:

 

Rouse-FairwoodDevelopment Limited Partnership (38.8% owned)(5)

RouseHolding Limited Partnership (70% owned)(5)

RouseInvestment Limited Partnership (70% owned)(5)

 

Rouse-FairwoodDevelopment Limited Partnership holds the indicated interest (100% unlessotherwise noted) in the following Maryland entities:

 

Fairwood-EndeavorFront-Foot Benefit Company, LLC

Fairwood-FourFront-Foot Benefit Company, LLC

Fairwood-ProspectFront-Foot Benefit Company, LLC

Fairwood-ThreeFront-Foot Benefit Company, LLC

 

Rouse-Abbey,LLC holds the indicated interest (100% unless otherwise noted) in the followingMaryland entities:

 

AbbeyAcquisition, LLC (27.285% owned)

 

VCKHoldings, Inc. holds the indicated interest (100% unless otherwise noted) inthe following Maryland entities:

 

Rouse-CanyonSprings, Inc.

TheRouse Development Company of California, Inc.

 

2

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Rouse-CanyonSprings, Inc. holds the indicated interest (100% unless otherwise noted) in thefollowing Maryland entities:

 

CanyonSprings Development Limited Partnership(5)

CanyonSprings Mall General Partnership(5)

 

HRDRemainder, Inc. holds the indicated interest (100% unless otherwise noted) inthe following Maryland entities:

 

TheHoward Research And Development Holdings Corporation

NorthStar Mall II, LLC

RVJoint Venture (50% owned)(5)

WestKendall Holding, LLC

WillowbrookII, LLC

 

TheHoward Research And Development Holdings Corporation holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

ACB Parking Business Trust(2)

Benson Park Business Trust(2)

CM Theatre Business Trust(2)

CMI Corporate Parking Business Trust(2)

Columbia Crossing, Inc.

Columbia Gateway, Inc.

Columbia Management, Inc.

Dorsey’s Search Village Center, Inc.

Eighty Columbia Corporate Center, Inc.

Fashion Show II, LLC

Fifty Columbia Corporate Center, Inc.

Forty Columbia Corporate Center, Inc.

Gateway Investor, LLC

Gateway Retail Center, Inc.

GEAPE III, Inc.

Hickory Ridge Village Center, Inc.

The Howard Research And Development Corporation(98% owned)

Harpers Choice Business Trust(2)

HRD Parking, Inc.

King’s Contrivance Village Center, Inc.

Lakefront North Parking, Inc.

Lot 48 Business Trust(2)

Lot 49 Business Trust(2)

LRVC Business Trust(2)

Mall Entrances Business Trust(2)

Oakland Ridge Commercial, Inc.

Oakland Ridge Industrial Development Corporation

Parcel C Business Trust(2)

Parcel D Business Trust(2)

Rouse Columbia Contribution, LLC(6)

Rouse-Phoenix Hotel Corporation

 

3

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Rouse-Phoenix Hotel Parking, Inc.

Rouse-River Hill Village Center, Inc.

Sixty Columbia Corporate Center, Inc.

Town Center East Parking Lot Business Trust(2)

TRC Parking Business Trust(2)

Wincopin Restaurant Business Trust(2)

 

EightyColumbia Corporate Center, Inc. holds the indicated interest (100% unlessotherwise noted) in the following Maryland entities:

 

EightyColumbia Corporate Center, LLC

 

FiftyColumbia Corporate Center, Inc. holds the indicated interest (100% unlessotherwise noted) in the following Maryland entities:

 

ParksideLimited Partnership(5)

 

FortyColumbia Corporate Center, Inc. holds the indicated interest (100% unlessotherwise noted) in the following Maryland entities:

 

Parkview Office Building Limited Partnership(5)

 

GEAPEIII, Inc. holds the indicated interest (100% unless otherwise noted) in thefollowing Maryland entities:

 

GEAPE Land Holdings, Inc.

The Howard Research And Development Corporation(1.8% owned)

 

GEAPELand Holdings, Inc. holds the indicated interest (100% unless otherwise noted)in the following Maryland entities:

 

The Columbia Development Corporation

GEAPE Land Holdings II, Inc.

 

TheColumbia Development Corporation holds the indicated interest (100% unlessotherwise noted) in the following Maryland entities:

 

Columbia Mall, Inc.

Dobbin Road Commercial, Inc.

Guilford Industrial Center, Inc.

 

ColumbiaMall, Inc. holds the indicated interest (100% unless otherwise noted) in thefollowing Maryland entities:

 

10CCC Business Trust(2)

20CCC Business Trust(2)

30CCC Business Trust(2)

CM-HBusiness Trust(2)

CM-NBusiness Trust(2)

 

4

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ColumbiaMall Business Trust(2)

Harper’sChoice Village Center, Inc.

HRDParking Deck Business Trust(2)

LongfellowBusiness Trust(2)

TheMall in Columbia Business Trust(2)

MerriweatherPost Business Trust(2)

RunningBrook Business Trust(2)

SeventyColumbia Corporate Center, Inc.

SterrettBuilding Business Trust(2)

TownCenter East Business Trust(2)

TSNCBusiness Trust(2)

 

ColumbiaMall Business Trust holds the indicated interest (100% unless otherwise noted)in the following Maryland entities:

 

ColumbiaMall SPE, LLC

SeventyColumbia Corporate Center, Inc. holds the indicated interest (100% unlessotherwise noted) in the following Maryland entities:

 

SeventyColumbia Corporate Center Limited Partnership(5)

 

TheHoward Research And Development Corporation holds the indicated interest (100%unless otherwise noted) in the following Maryland entities:

 

Columbia Land Holdings, Inc.

Emerson Corporation

ExecuCentre, LLC

HRD Commercial Properties, Inc.

HRD Investment, Inc.

LP Rouse-Houston, LLC

Rouse-Houston GP, LLC

Rouse-MerchantWired, Inc.

Rouse Transportation, LLC

Stansfield-Laurel, Inc.

Stone Lake Corporation

 

Rouse-Houston GP, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Rouse-Houston, LP(5)

 

Stansfield-Laurel Inc. holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Hammond Branch Joint Venture (50% owned)(5)

 

5

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RouseColumbia Contribution, LLC holds the indicated interest (100% unless otherwisenoted) in the following Michigan entities:

 

Lakeside Mall, LLC

 

Rouse-RiverHill Village Center, Inc. holds the indicated interest (100% unless otherwisenoted) in the following Maryland entities:

 

River Hill Village Center II, LLC (59.9% owned)

 

SixtyColumbia Corporate Center, LLC holds the indicated interest (100% unlessotherwise noted) in the following Maryland entities:

 

Park Square Limited Partnership(5)

 

North Star Mall II, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

NS Mall L.P.(5)

 

NS Mall L.P. holds the indicated interest (100%unless otherwise noted) in the following Delaware entities:

 

HRE-NSLP, LLC

 

HRENSLP, LLC holds the indicated interest (100% unless otherwise indicated) in thefollowing Delaware entities:

 

NSMJV, L.P.

 

NSMJV, L.P. holds the indicated interest (100%unless otherwise indicated) in the following Delaware entities:

 

HRE-NS, LLC

 

HRE-NS, LLC holds the indicated interest (100%unless otherwise noted) in the following New York entities:

 

The North Star Mall Joint Venture(5)

 

Willowbrook II, LLC holds the indicated interest(100% unless otherwise noted) in the following Delaware entities:

 

Franklin Park Mall, LLC (1.16% owned)

 

Franklin Park Mall, LLC holds the indicatedinterest (100% unless otherwise noted) in the following entities:

 

TRC Willow, LLC, a Maryland LLC

Weeping Willow RNA, LLC, a Delaware LLC

 

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Willow SPE, LLC, a Delaware LLC

 

TRCWillow, LLC holds the indicated interest (100% unless otherwise noted) in thefollowing Delaware entities:

 

WillowbrookMall, LLC (36.5% owned)

 

WeepingWillow RNA, LLC holds the indicated interest (100% unless otherwise noted) inthe following Delaware entities:

 

WillowbrookMall, LLC (62.5% owned)

 

WillowSPE, LLC holds the indicated interest (100% unless otherwise noted) in thefollowing Delaware entities:

 

WillowbrookMall, LLC (1% owned)

 

The Hughes Corporation holds the indicated interest(100% unless otherwise noted) in the following entities:

 

The Howard Hughes Corporation, a Delawarecorporation

Howard Hughes Realty, Inc., a Nevada corporation

THC-HRE, LLC, a Maryland LLC

WEA-HRE Abbey, Inc., a Delaware corporation

 

TheHoward Hughes Corporation holds the indicated interest (100% unless otherwisenoted) in the following entities:

 

3790 HHP LLC, a Delaware LLC

3883 HHP LLC, a Delaware LLC

3993 HHP LLC, a Delaware LLC

Howard Hughes Properties, Limited Partnership, aDelaware limited partnership(5)

Hughes Properties, Inc., a Nevada corporation

H-Tex, Incorporated, a Texas corporation

Red Rock Investment, LLC, a Nevada LLC

Summa Corporation, a Delaware corporation

Summerlin Corporation, a Delaware corporation

TWC Land Development, LLC, a Delaware LLC

 

HowardHughes Properties, Limited Partnership holds the indicated interest (100%unless otherwise noted) in the following entities:

 

325 HCD LLC, a Delaware limited liability company

335 HCD LLC, a Delaware limited liability company

355 HCD LLC, a Delaware limited liability company

3770Hughes Parkway Associates, Limited Partnership, a Nevada limited partnership(67% owned)(5)

3800 HHP LLC, a Delaware limited liability company

3930 Building Partnership, a Nevada limitedpartnership (50% owned)(5)

395/375/365 HCD LLC, a Delaware limited liabilitycompany

 

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3960 HHP LLC, a Delaware limited liability company

4043 HHP LLC, a Delaware limited liability company

HC .35 Acre Tract LLC, a Delaware limited liabilitycompany

HCD/Parking LLC, a Delaware limited liabilitycompany

Howard Hughes Properties I, LLC, a Nevada limitedliability company

Howard Hughes Properties II, LLC, a Nevada limitedliability company

Howard Hughes Properties III, LLC, a Nevada limitedliability company

Lake Mead and Buffalo Partnership, a Nevadapartnership (50% owned)(5)

Rouse SI Shopping Center, LLC, a Maryland LLC(50.5% owned)

S-R Nevada Properties, LLC, a Nevada LLC (13%owned)

Trails Village Center Company, a Nevada partnership(50% owned)(5)

 

S-RNevada Properties, LLC holds the indicated interest (100% unless otherwisenoted) in the following Delaware entities:

 

Airport Cheyenne Venture, LLC

Summerlin Centre, LLC

 

Summerlin Corporation holds the indicated interest(100% unless otherwise noted) in the following Nevada entities:

 

HHP Government Services, Limited Partnership(5)

 

TWC Land Development, LLC holds the indicated interest (100% unlessotherwise noted) in the following Delaware entities:

 

TWC Land Development LP(5)

 

TWC Land Development LP holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

The Woodlands Land Development Co., LP (42.5%owned)(5)

 

TheWoodlands Land Development Co., LP holds the indicated interest (100% unlessotherwise noted) in the following Delaware entities:

 

TheWoodlands Custom Residential Sales, LLC

TheWoodlands Holding Hotel GP, LLC

WoodlandsVTO 2000 Land GP, LLC

 

The Woodlands Custom Residential Sales, LLC holdsthe indicated interest (100% unless otherwise noted) in the following Delawareentities:

 

The Woodlands Custom Sales, LP(5)

 

The Woodlands Hotel Holding GP, LLC holds theindicated interest (100% unless otherwise noted) in the following Delawareentities:

 

The Woodlands Holding Hotel, LP(5)

 

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TheWoodlands Holding Hotel, LP holds the indicated interest (100% unless otherwisenoted) in the following Delaware entities:

 

TheWoodlands Hotel GP, LLC

 

The Woodlands Hotel GP, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

The Woodlands Hotel, LP(5)

 

Woodlands VTO 2000 Land GP holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Woodlands VTO 2000 Land, LP(5)

 

THC-HRE,LLC holds the indicated interest (100% unless otherwise noted) in the followingDelaware entities:

 

HexHolding, LLC (100% owned)

 

HexHolding, LLC holds the indicated interest (99.9% unless otherwise noted) in thefollowing Delaware entities:

 

Hexalon Real Estate, Inc.

 

HexalonReal Estate, Inc. holds the indicated interest (100% unless otherwise noted) inthe following entities:

 

HRE Collin Creek, Inc., a Delaware corporation

HRE Flanc, Inc., a Delaware corporation

HRE Garden State Plaza, Inc., a Delawarecorporation

HRE Lakeside, Inc., a Delaware corporation

HRE Nashland, Inc., a Delaware corporation

HRE North Star, Inc., a Delaware corporation

HRE Pheasant Lane Store, Inc., a Delawarecorporation

HRE Twelve Oaks, Inc., a Delaware corporation

Rouse Property Management, Inc., a Marylandcorporation (.1% owned)

USC Developers, Inc., a Delaware corporation

USC MainPlace, Inc., a Delaware corporation

USC Managers, Inc., a Delaware corporation

USC Oakbrook, Inc., a Delaware corporation

Weeping Willow I, Inc., a Delaware corporation

 

HREFlanc, Inc. holds the indicated interest (100% unless otherwise noted) in thefollowing Delaware entities:

 

HRE KI SMBT(2)

HRE Pennsylvania SMBT(2)

 

WEA-HREAbbey, Inc. holds the indicated interest (100% unless otherwise noted) in thefollowing Delaware entities:

 

9

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Hex Holding, LLC (43.2941% owned)

 

RouseProperty Management, Inc. holds the indicated interest (100% unless otherwisenoted) in the following entities:

 

Faneuil Hall Beverage, LLC, a Maryland LLC

Four State Facility Corporation, a Delawarecorporation

Harborplace, Inc., a Maryland corporation

PerimeterMall Facilities, LLC, a Delaware LLC (50% owned)

Rouse-WestDade, Inc., a Maryland corporation

 

TRC Property Holdings, Inc. holds the indicatedinterest (100% unless otherwise noted) in the following entities:

 

DTA Holding, LLC, a Delaware LLC (27.3% owned)

Rouse Tri-Party TRS, Inc. a Maryland corporation

 

RouseTri-Party TRS, Inc. holds the indicated interest (100% unless otherwise noted)in the following Delaware entities:

 

Tri-PartyNon-586 Assets, LLC (27.3% owned)

 

TRCGP, Inc. holds the indicated interest (100%unless otherwise noted) in the following Maryland entities:

 

The Rouse Company LP(5)

Terrapin Acquisition, LLC

 

TheRouse Company LP holds the indicated interest (100% unless otherwise noted) inthe following entities:

 

American City Company, LLC, The, a Maryland LLC

Baltimore Center, LLC, a Delaware LLC

Beachwood Property Holdings, LLC, a Maryland LLC

Charlottetown, LLC, a Maryland LLC

Charlottetown North, LLC, a Maryland LLC

Chesapeake Investors, LLC, a Delaware LLC

Christiana Holdings I LLC, a Delaware LLC

Cuyahoga Land Company, LLC, a Maryland LLC

Four Owings Mills Corporate Center, LLC, a MarylandLLC

Gallery at Market East, LLC, a Delaware LLC (61%owned)

Harborplace Management Company, LLC, a Maryland LLC

Hermes, LLC, a Maryland LLC

HRD Remainder, LLC, a Maryland LLC

Hulen, LLC, a Maryland LLC

Louisville Shopping Center, LLC, a Kentucky LLC

O. M. Land Development, LLC, a Maryland LLC

One Owings Mills Corporate Center, LLC, a MarylandLLC

Plymouth Meeting Property, LLC, a Delaware LLC (61%owned)

Rouse Company at Owings Mills, LLC, The, a MarylandLLC

 

10

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Rouse Company of Alabama, LLC, The, an Alabama LLC

Rouse Company of Alaska, LLC, The, a Maryland LLC

Rouse Company of Arkansas, LLC, The, a Maryland LLC

Rouse Company of California, LLC, The, a MarylandLLC

Rouse Company of Colorado, LLC, The, a Maryland LLC

Rouse Company of Connecticut, LLC, The, a DelawareLLC

Rouse Company of Florida, LLC, The, a Florida LLC

Rouse Company of Georgia, LLC, The, a Georgia LLC

Rouse Company of Idaho, LLC, The, a Maryland LLC

Rouse Company of Illinois, LLC, The, a Maryland LLC

Rouse Company of Kentucky, LLC, The, a Maryland LLC

Rouse Company of Louisiana, LLC, The, a MarylandLLC

Rouse Company of Maine, LLC, The, a Maryland LLC

Rouse Company of Massachusetts, LLC, The, aMaryland LLC

Rouse Company of Michigan, LLC, The, a Maryland LLC

Rouse Company of Minnesota, LLC, The, a MarylandLLC

Rouse Company of Mississippi, LLC, The, a MarylandLLC

Rouse Company of Montana, LLC, The, a Maryland LLC

Rouse Company of Nevada, LLC, The, a Nevada LLC

Rouse Company of New Hampshire, LLC, The, aMaryland LLC

Rouse Company of New Jersey, LLC, The, a New JerseyLLC

Rouse Company of New Mexico, LLC, The, a MarylandLLC

Rouse Company of New York, LLC, The, a New York LLC

Rouse Company of North Carolina, LLC, The, aMaryland LLC

Rouse Company of North Dakota, LLC, The, a MarylandLLC

Rouse Company of Ohio, LLC, The, an Ohio LLC

Rouse Company of Oklahoma, LLC, The, a Maryland LLC

Rouse Company of Oregon, LLC, The, a Maryland LLC

Rouse Company of Pennsylvania, LLC, The, aPennsylvania LLC

Rouse Company of Rhode Island, LLC, The, a MarylandLLC

Rouse Company of South Carolina, LLC, The, aMaryland LLC

Rouse Company of South Dakota, LLC, The, a MarylandLLC

Rouse Company of Tennessee, LLC, The, a MarylandLLC

Rouse Company of Texas, LLC, The, a Texas LLC

Rouse Company of the District of Columbia, LLC,The, a Maryland LLC

Rouse Company of Utah, LLC, The, a Maryland LLC

Rouse Company of Vermont, LLC, The, a Maryland LLC

Rouse Company of Washington, LLC, The, a MarylandLLC

Rouse Company of West Virginia, LLC, The, aMaryland LLC

Rouse Company of Wisconsin, LLC, The, a MarylandLLC

Rouse Company of Wyoming, LLC, The, a Maryland LLC

Rouse Company Protective Trust, Inc., The, aDelaware corporation

Rouse-Coral Gables Development, LLC, a Maryland LLC

Rouse Gallery Management, LLC, a Maryland LLC

Rouse Fashion Show Management, LLC, a Maryland LLC

Rouse Holding Company, LLC, The, a Maryland LLC

Rouse Holding Company of Arizona, LLC, The, aMaryland LLC

Rouse Investing Company, LLC, a Maryland LLC

Rouse IP, LLC, a Maryland LLC

Rouse-Metro Shopping Center, LLC, a Maryland LLC

Rouse-Milwaukee, LLC, a Maryland LLC

 

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Rouse-Milwaukee Garage Maintenance, LLC, a MarylandLLC

Rouse Missouri Holding Company, LLC, a Maryland LLC

Rouse-Mizner Park, LLC, a Delaware LLC

Rouse Oakbrook, LLC, a Delaware LLC

Rouse-Oakwood Shopping Center, LLC, a Maryland LLC

Rouse-Oakwood Two, LLC, a Maryland LLC

Rouse Office Management, LLC, a Maryland LLC

Rouse Office Management of Pennsylvania, LLC, aMaryland LLC

Rouse Owings Mills Management Company, LLC, aMaryland LLC

Rouse-Phoenix Cinema, LLC, a Maryland LLC

Rouse-Randhurst Shopping Center, LLC, a MarylandLLC

Rouse Tri-Party Miscellaneous, LLC, a Maryland LLC

Rouse Tristate Venture, LLC, A Texas LLC

Rouse-Urban Acquisition, LLC, a Maryland LLC

Rouse-Urban, LLC, a Maryland LLC

Rouse-Wates, LLC, a Delaware LLC

RREF Holding, LLC, a Texas LLC

RSE Preferred Acquisitions, LLC, a Maryland LLC

Salem Mall, LLC, a Maryland LLC

Three Owings Mills Corporate Center, LLC, aMaryland LLC

TRC Central, LLC, a Maryland LLC

TRCD, LLC, a Delaware LLC

TWC Commercial Properties, LLC, a Delaware LLC

Two Owings Mills Corporate Center, LLC, a MarylandLLC

Two Willow Company, LLC, a Delaware LLC

 

Baltimore Center, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Baltimore Center Associates Limited Partnership(5)

Baltimore Center Garage Associates LimitedPartnership(5)

 

Chesapeake Investors, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Rouse Commercial Properties, LLC

 

Rouse Commercial Properties, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

201 International Associates Limited Partnership(5)

Centerpointe Limited Partnership(5)

Hunt Valley 75 Limited Partnership(5)

Hunt Valley Title Holding Company, LLC

Riverspark Associates Limited Partnership(5)

Rouse Acquisition Finance, LLC

Rouse Commercial Finance, LLC

Rutherford 2 Limited Partnership(5)

Triangle Business Center I Limited Partnership(5)

 

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Hunt Valley Title Holding Company, LLC holds theindicated interest (100% unless otherwise noted) in the following Nevadaentities:

 

Rouse-Teachers Holding Company (5% owned)

 

Rouse Teachers Holding Company holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Rouse-Teachers Land Holdings, Inc.

 

Christiana Holdings I LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Christiana Acquisition LLC (50% owned)

 

Christiana Acquisition LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Christiana Mall LLC

 

Christiana Mall, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

CMA Access Company, LLC

 

Four Owings Mills Corporate Center, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Four Owings Mills Corporate Center AssociatesLimited Partnership (50% owned)(5)

 

Four Owings Mills Corporate Center AssociatesLimited Partnership holds the indicated interest (100% unless otherwise noted)in the following Maryland entities:

 

Four Owings Mills Corporate Center Land LimitedPartnership (50% owned)(5)

 

HRD Remainder, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

HRDHC, LLC

 

HRDHC,LLC holds the indicated interest (100% unless otherwise noted) in the followingMaryland entities:

 

Columbia Crossing, LLC

Columbia Development, LLC

Columbia Gateway, LLC

Columbia Mall Management, LLC

Dorsey’s Search Village Center, LLC

Fifty Columbia Corporate Center, LLC

Forty Columbia Corporate Center, LLC

 

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Gateway Retail Center, LLC

GEAPE III, LLC

Hickory Ridge Village Center, LLC

HRD Parking, LLC

King’s Contrivance Village Center, LLC

Lakefront North Parking, LLC

Oakland Ridge Commercial Group, LLC

Oakland Ridge Industrial Development, LLC

Rouse-Phoenix Hotel, LLC

Rouse-Phoenix Hotel Parking, LLC

Rouse-River Hill Village Center, LLC

Sixty Columbia Corporate Center, LLC

 

ColumbiaDevelopment, LLC holds the indicated interest (100% unless otherwise noted) inthe following Maryland entities:

 

Columbia Mall, LLC

Dobbin Road Commercial, LLC

Guilford Industrial Center, LLC

 

ColumbiaMall, LLC holds the indicated interest (100% unless otherwise noted) in thefollowing Maryland entities:

 

HarpersChoice Village Center, LLC

SeventyColumbia Corporate Center, LLC

 

GEAPEIII, LLC holds the indicated interest (100% unless otherwise noted) in thefollowing Maryland entities:

 

GEAPELand Holdings, LLC

 

Louisville Shopping Center, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Mall St. Matthews Limited Partnership(5)

 

One Owings Mills Corporate Center, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

One Owings Mills Corporate Center AssociatesLimited Partnership (65% owned)(5)

 

The Rouse Company at Owings Mills, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Owings Mills Limited Partnership(5)

 

The Rouse Company of California, LLC holds theindicated interest (100% unless otherwise noted) in the following Californiaentities:

 

Santa Monica Place, Ltd.(5)

 

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The Rouse Company of Florida, LLC holds theindicated interest (100% unless otherwise noted) in the following entities:

 

Bayside Center Marina Limited Partnership, aMaryland limited partnership(5)

Governor’s Square, LLC, a Florida LLC

Howard Retail Investment Company, LLC, a MarylandLLC

New River Center, LLC, a Florida LLC

Rouse-Bayside, LLC, a Maryland LLC

Rouse-Coral Gables, LLC, a Maryland corporation

Rouse-East Jacksonville, LLC, a Maryland LLC

Rouse-Governor’s Square, LLC, a Marylandcorporation

Rouse-Jacksonville, LLC, a Delaware LLC

Rouse-Miami, LLC, a Delaware LLC

Rouse-Orlando, LLC, a Delaware LLC

Rouse-Tampa, LLC, a Florida LLC

 

Governor’s Square, LLC holds the indicated interest(100% unless otherwise noted) in the following Florida entities:

 

Governor’s Square Partnership(5)

 

Rouse-Coral Gables, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Merrick Park LLC (40% owned)

Merrick Park Parking, LLC (40% owned)

Rouse-Coral Gables Property, LLC

 

Rouse-Miami, LLC holds the indicated interest (100%unless otherwise noted) in the following Maryland entities:

 

Bayside Center Limited Partnership (83.75% owned)(5)

 

Rouse-Tampa, LLC holds the indicated interest (100%unless otherwise noted) in the following Florida entities:

 

Tampa Northwest, Ltd.(5)

 

The Rouse Company of Georgia, LLC holds theindicated interest (100% unless otherwise noted) in the following entities:

 

Augusta Mall, LLC, a Maryland LLC

Perimeter Center, LLC, a Maryland LLC

Perimeter Mall Venture, LLC (50% owned), a DelawareLLC

Rouse Columbus Square, LLC, a Maryland LLC

Rouse- Forsyth, LLC ,a Maryland LLC

South DeKalb Mall Management Company, LLC, aMaryland LLC

 

Perimeter Mall Venture LLC holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

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Perimeter Mall, LLC

 

Rouse Columbus Square, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Harbor Development Services Partnership (85% owned)(5)

 

The Rouse Company of Louisiana, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Rouse-New Orleans, LLC

 

Rouse-New Orleans, LLC holds the indicated interest(100% unless otherwise noted) in the following entities:

 

New Orleans Riverwalk Associates, a Louisianapartnership(5)

New Orleans Riverwalk Limited Partnership, aMaryland limited partnership(5)

 

The Rouse Company of Massachusetts, LLC holds theindicated interest (100% unless otherwise noted) in the following entities:

 

Faneuil Hall Marketplace, LLC, a Delaware LLC

Rouse-Eastfield, LLC, a Maryland LLC

 

The Rouse Company of Michigan holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Rouse Southland, LLC

Southland Security, LLC

 

Rouse Southland, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Southland Center Holding, LLC

 

Southland Center Holding, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Southland Center, LLC

 

The Rouse Company of Minnesota, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Ridgedale Shopping Center, LLC

Rouse Ridgedale Holding, LLC

 

Rouse Ridgedale Holding, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Rouse Ridgedale, LLC

 

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Rouse Ridgedale, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Ridgedale Center, LLC

 

The Rouse Company of Nevada, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

10450 West Charleston Boulevard, LLC, a Nevada LLC

Echelon Acquisition, LLC, a Maryland LLC

Echelon Mall, LLC, a Maryland LLC

Four State Properties, LLC, a Delaware LLC (35%owned)

Harborplace, LLC, a Maryland LLC

One Willow Company, LLC, a Delaware LLC

Paramus Equities, LLC, a Texas LLC

Paramus Park, LLC, a Maryland LLC

Rouse F.S., LLC, a Maryland LLC

Rouse-Fashion Outlet, LLC, a Maryland LLC

Rouse-Las Vegas, LLC, a Nevada LLC

Rouse-Valley Fair, LLC, a Maryland LLC

Rouse-Westdale, LLC, a Maryland LLC

TTC Member, LLC, a Maryland LLC

The Village of Cross Keys, LLC, a Maryland LLC

White Marsh Mall, LLC, a Maryland LLC

Woodbridge Center, LLC, a Maryland LLC

 

EchelonMall, LLC holds the indicated interest (100% unless otherwise noted) in thefollowing New Jersey entities:

 

EchelonMall Joint Venture(5)

 

FourState Properties, LLC holds the indicated interest (100% unless otherwisenoted) in the following Maryland entities:

 

Rouse-BridgewaterCommons, LLC

Rouse-FashionPlace, LLC

Rouse-ParkMeadows Holding, LLC

Rouse-TowsonTown Center, LLC

TTCSPE, LLC (99% owned)

 

Rouse-BridgewaterCommons, LLC holds the indicated interest (100% unless otherwise noted) in thefollowing Maryland entities:

 

BridgewaterCommons Mall, LLC

 

Bridgewater Commons Mall, LLC holds the indicatedinterest (100% unless otherwise noted) in the following entities:

 

Bridgewater Commons Mall Development, LLC, aMaryland LLC

Bridgewater Commons Mall II, LLC, a Delaware LLC

 

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Rouse-ParkMeadows Holding, LLC holds the indicated interest (100% unless otherwise noted)in the following Maryland entities:

 

Rouse-ParkMeadows, LLC

 

Rouse-TowsonTown Center, LLC holds the indicated interest (100% unless otherwise noted) inthe following Maryland entities:

 

TowsonTC, LLC (99.5% owned)

 

Towson TC, LLC holds the indicated interest (100%unless otherwise noted) in the following Maryland entities:

 

Rouse-TTC Funding, LLC

 

Harborplace,LLC holds the indicated interest (100% unless otherwise noted) in the followingMaryland entities:

 

HarborPlace Associates Limited Partnership(5)

 

OneWillow Company, LLC holds the indicated interest (100% unless otherwise noted)in the following Delaware entities:

 

TheA/T Rouse Limited Partnership(5)

ThreeWillow Company, LLC

 

The A/T Rouse Limited Partnership holds theindicated interest (100% unless otherwise noted) in the following entities:

 

Augusta Mall Partnership, a Georgia partnership(5)

Augusta / Tallahassee Associates, a Delawarepartnership (50% owned)(5)

Tallahassee Associates, a Maryland partnership(5)

 

Three Willow Company, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Franklin Park Mall, LLC (27.93% owned)

 

ParamusPark, LLC holds the indicated interest (100% unless otherwise noted) in thefollowing New Jersey entities:

 

ParamusPark Shopping Center Limited Partnership(5)

 

 Rouse F.S., LLC holds the indicated interest(100% unless otherwise noted) in the following Nevada entities:

 

FSEntertainment, Inc.

 

FS Entertainment, Inc. holds the indicated interest(100% unless otherwise noted) in the following Nevada entities:

 

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FS Entertainment, LLC

 

Rouse-Westdale,LLC holds the indicated interest (100% unless otherwise noted) in the followingentities:

 

H-N-WAssociates, L.P., an Iowa limited partnership (58.1% owned)(5)

WestdaleAssociates, an Illinois partnership (85% owned)(5)

 

TTCMember, LLC holds the indicated interest (100% unless otherwise noted) in thefollowing Maryland entities:

 

TTCSPE, LLC (1% owned)

TowsonTC, LLC (.5 % owned)

 

TwoWillow Company, LLC holds the indicated interest (100% unless otherwise noted)in the following Delaware entities:

 

FranklinPark Mall, LLC (13.97% owned)

 

TheVillage of Cross Keys, LLC holds the indicated interest (100% unless otherwisenoted) in the following Maryland entities:

 

MondawminBusiness Trust(2)

VCKBusiness Trust(2)

 

Mondawmin Business Trust holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Mondawmin, LLC

 

WhiteMarsh Mall, LLC holds the indicated interest (100% unless otherwise noted) inthe following Maryland entities:

 

WhiteMarsh Limited Partnership(5)

 

White Marsh Limited Partnership holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

White Marsh Mall Associates(5)

White Marsh Phase II Associates(5)

 

White Marsh Mall Associates holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

White Marsh General Partnership(5)

 

The Rouse Company of New Jersey, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Paramus Mall Management Company, LLC

Rouse-Burlington, LLC

 

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The Willowbrook Company, LLC

Willowbrook Management Company, LLC

Woodbridge Center, LLC (1% owned)

 

Rouse-Burlington, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Burlington Associates Limited Partnership(5)

 

The Rouse Company of New York, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Seaport Marketplace, LLC

Seaport Marketplace Theatre, LLC

 

Seaport Marketplace, LLC holds the indicatedinterest (100% unless   otherwise noted)in the following Maryland entities:

 

South Street Seaport Limited Partnership(5)

 

The Rouse Company of Ohio holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Beachwood Place, LLC

Cuyahoga Development Company, LLC

Franklin Park Mall Company, LLC

 

Beachwood Place, LLC holds the indicated interest(100% unless otherwise noted) in the following Ohio entities:

 

Beachwood Place Limited Partnership(5)

 

Franklin Park Mall Company, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Franklin Park Mall, LLC (56.94% owned)

 

The Rouse Company of Oregon, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Rouse Office Management of Oregon, LLC

Rouse-Portland, LLC

 

Rouse-Portland, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Pioneer Office Limited Partnership(5)

Pioneer Place Limited Partnership(5)

 

The Rouse Company of Pennsylvania, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

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Whiteland I, LLC

Whiteland II, LLC

 

Whiteland I, LLC . holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Whiteland Holding Limited Partnership(5)

 

The Rouse Company of Texas, LLC holds the indicatedinterest (100% unless otherwise noted) in the following entities:

 

AU Management Company, LLC, a Texas LLC

Austin Mall, LLC, a Maryland LLC

Collin Creek, LLC, a Delaware LLC

Collin Creek Mall Management Company, LLC, aMaryland LLC

Collin Creek Plano, LLC, a Delaware LLC

North Star Mall, LLC, a Texas LLC

NS Management Company, LLC, a Texas LLC

Rouse Fort Worth, LLC, a Maryland LLC

Rouse-Highland, LLC, a Delaware LLC

Rouse-San Antonio, LLC, a Maryland LLC

Rouse Specialty Center, LLC, a Maryland LLC

SDK Mall, LLC, a Texas LLC

 

Austin Mall, LLC holds the indicated interest (100%unless otherwise noted) in the following entities:

 

Austin Mall Limited Partnership, a Delaware limitedpartnership(5)

The Highland Mall Joint Venture, a New Yorkpartnership (50% owned)(5)

 

Collin Creek, LLC holds the indicated interest(100% unless otherwise noted) in the following Texas entities:

 

Collin Creek Mall, L.P.(5)

 

Collin Creek Plano, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Texas entities:

 

Planole Store, LP(5)

 

North Star Mall, LLC holds the indicated interest(100% unless otherwise noted) in the following Delaware entities:

 

North Star Mall Limited Partnership(5)

 

Rouse Fort Worth, LLC holds the indicated interest(100% unless otherwise noted) in the following Delaware entities:

 

HMF Properties Limited Partnership(5)

Hulen Mall Limited Partnership(5)

 

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Hulen Mall Limited Partnership holds the indicatedinterest (100% unless otherwise noted) in the following Texas entities:

 

Hulen Mall Joint Venture(5)

 

Rouse-Highland, LLC holds the indicated interest(100% unless otherwise noted) in the following Delaware entities:

 

Highland Mall Limited Partnership (50% owned)(5)

 

Rouse-San Antonio, LLC holds the indicated interest(100% unless otherwise noted) in the following Texas entities:

 

LaCantera Retail Limited Partnership (75% owned)(5)

 

The Rouse Company of Washington, LLC holds theindicated interest (100% unless otherwise noted) in the following Delawareentities:

 

Rouse-Seattle, LLC

 

Rouse-Seattle, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Rouse-Westlake Limited Partnership(5)

Rouse-Westlake Limited II Partnership II(5)

 

Rouse-Westlake Limited Partnership holds theindicated interest (100% unless otherwise noted) in the following Washingtonentities:

 

Westlake Center Associates Limited Partnership (99%owned)(5)

 

The Rouse Holding Company of Arizona, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Rouse-Arizona Center, LLC

Rouse Office Management of Arizona, LLC

Rouse-Phoenix Development Company, LLC

Rouse-Phoenix Parking, LLC

Rouse-Phoenix Parking Two, LLC

Rouse-Phoenix Two Corporate Center, LLC

 

Rouse-Arizona Center, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Rouse-Arizona Retail Center Limited Partnership(5)

 

Rouse Office Management of Arizona, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Rouse-Phoenix Corporate Center Limited Partnership(5)

 

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Rouse-Phoenix Cinema, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Rouse-Phoenix Theatre Limited Partnership(5)

 

Rouse-Phoenix Development Company, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Rouse-Phoenix Master Limited Partnership(5)

 

Rouse-Metro Shopping Center, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Northwest Associates (65.67% owned)(5)

 

Rouse-Milwaukee, LLC holds the indicated interest(100% unless otherwise noted) in the following Maryland entities:

 

Grand Avenue Limited Partnership(5)

 

Rouse Missouri Holding Company holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

The Rouse Company of Missouri, LLC

 

Rouse-Mizner Park, LLC holds the indicated interest(100% unless otherwise noted) in the following Delaware entities:

 

Crocker Mizner Park V, Ltd. (50% owned)(5)

Mizner Park Holdings V, LLC

Mizner Park Venture, LLC (50% owned)

 

Mizner Park Venture, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Mizner Park Holdings I, LLC

Mizner Park Holdings II, LLC

Mizner Park Holdings III, LLC

Mizner Park Holdings IV, LLC

 

Mizner Park Holdings I, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Florida entities:

 

Crocker Downtown Development Associates (50% owned)(5)

 

Mizner Park Holdings III, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Florida entities:

 

Crocker Mizner Park III, Ltd. (50% owned)(5)

 

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Mizner Park Holdings IV, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Florida entities:

 

Crocker Mizner Park IV, Ltd. (50% owned)(5)

 

Rouse Oakbrook, LLC holds the indicated interest(100% unless otherwise noted) in the following Delaware entities:

 

UC Oakbrook GenPar, LLC (50% owned)

 

UC Oakbrook GenPar, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Illinois entities:

 

Oak Brook Urban Venture, L.P. (50.51% owned)(5)

 

Oak Brook Urban Venture, L.P. holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Oakbrook Shopping Center, LLC

 

Rouse-Oakwood Shopping Center, LLC holds theindicated interest (100% unless otherwise noted) in the following Louisianaentities:

 

Oakwood Shopping Center Limited Partnership(5)

 

Rouse Tristate Venture, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Maryland entities:

 

Tristate Joint Venture (5% owned)(5)

 

Rouse-Urban, LLC holds the indicated interest (100%unless otherwise noted) in the following Delaware entities:

 

Head Acquisition, L.P. (27% owned)(5)

 

Head Acquisition, L.P. holds the indicated interest(94% unless otherwise noted) in the following Illinois entities:

 

Urban Shopping Centers, L.P.(5)

 

Urban Shopping Centers, L.P. holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Southpoint Mall, LLC

Water Tower Joint Venture (55% owned)(5)

 

Water Tower Joint Venture holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Water Tower, LLC

 

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RREF Holding, LLC holds the indicated interest(100% unless otherwise noted) in the following entities:

 

O.M. Investment Limited Partnership, a Marylandlimited partnership(5)

RII Holding, LLC, a Texas LLC

 

Three Owings Mills Corporate Center, LLC holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Three Owings Mills Corporate Center AssociatesLimited Partnership (50% owned)(5)

 

Three Owings Mills Corporate Center AssociatesLimited Partnership holds the indicated interest (100% unless otherwise noted)in the following Maryland entities:

 

Three Owings Mills Corporate Center Land LimitedPartnership (50.1% owned)(5)

 

TRCD, LLC holds the indicated interest (100% unlessotherwise noted) in the following Delaware entities:

 

Austin Mall Company, LLC

Collin Creek Property, LLC

The Franklin Park Company, LLC

Mall St. Matthews Company, LLC

North Star Mall Company, LLC

One Franklin Park Company, LLC

Rouse Funding Company, LLC

Rouse Funding Two, LLC

TRCDE, LLC

TRCDE Two, LLC

TRCDF, LLC

Two Franklin Park Company, LLC

Willowbrook Mall Company, LLC

 

TWC Commercial Properties, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

TWC Commercial Properties LP(5)

 

TWC Commercial Properties LP holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

The Woodlands Commercial Properties Co., LP (42.5%owned)(5)

 

The Woodlands Commercial Properties Co., LP holdsthe indicated interest (100% unless otherwise noted) in the following Delawareentities:

 

HC-2002 GP, LLC

Holly Creek Apts. I, LP(5)

Holly Creek Apts. II, LP(5)

 

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Woodlands Office Equities-95 Ltd.(5)

Woodlands VTO Commercial GP, LLC

 

HC-2002 GP, LLC holds the indicated interest (100%unless otherwise noted) in the following Delaware entities:

 

HC-2002 LP(5)

 

Woodlands VTO 2000 Commercial GP, LLC holds theindicated interest (100% unless otherwise noted) in the following Delawareentities:

 

Woodlands VTO 2000 Commercial LP(5)

 

Two Owings Mills Corporate Center, LLC . holds theindicated interest (100% unless otherwise noted) in the following Marylandentities:

 

Two Owings Mills Corporate Center AssociatesLimited Partnership (50% owned)(5)

 

TWC Operating Holdings, Inc. holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

TWC Operating, LLC

 

TWC Operating, LLC holds the indicated interest(100% unless otherwise noted) in the following Delaware entities:

 

TWC Operating, LP(5)

 

TWC Operating, LP holds the indicated interest(100% unless otherwise noted) in the following Delaware entities:

 

The Woodlands Operating Co., LP(5)

 

The Woodlands Operating Co., LP holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

WECCR, Inc.

The Woodlands Brokerage, LLC

The Woodlands Corp.

 

WECCR, Inc. holds the indicated interest (100%unless otherwise noted) in t the following Delaware entities:

 

Corporate Housing Partnership(5)

WECCR GP(5)

 

WECCR GP holds the indicated interest (100% unlessotherwise noted) in the following Delaware entities:

 

The Woodlands Beverage, Inc.

 

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The Woodlands Beverage, Inc. holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

Beverage Operations, Inc.

 

The Woodlands Brokerage, LLC holds the indicatedinterest (100% unless otherwise noted) in the following Delaware entities:

 

The Woodlands Commercial Brokerage Co., LP(5)

 

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(1) The registrant owns all ofthe common securities of the trust.  ThePreferred Securities of the trust were sold in a public registered offering in1995.

(2) The above referenced entityis a trustee of the trust.  Theregistrant’s affiliates aggregately own the indicated interest (100% unlessotherwise noted).

(3) TRC Exton Plymouth 12, LLCowns 12% of the membership interests of Plymouth Meeting Property, LLC.  TRC Exton Plymouth 13 through TRC ExtonPlymouth 39, LLC each own 1% of the membership interests of Plymouth MeetingProperty, LLC, a Delaware LLC

(4) TRC Gallery at Market East1 through 39 each own 1% of the membership interests of Gallery at Market East,LLC, a Delaware LLC

(5) The above referenced entityis a general partner of the partnership. The registrant’s affiliates aggregately own the indicated interest (100%unless otherwise noted).

(6) Rouse ColumbiaContribution, LLC is owned by various subsidiaries and affiliates of The HowardResearch And Development Holdings Corporation.

 

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