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Taubman Centers, Inc. (NYSE: TCO) is a real estate company that owns, manages, develops and acquires commercial retail properties. It was founded in 1951, and prides itself on high quality regional and super regional malls. In 2007, sales per square feet averaged $555. They have an Asian subisidary with malls under development in Macao China (Songdo City Shopping Center) and Incheon South Korea (The Mall at Studio City).
Taubman Centers's headquarters is in Bloomfield Hills, Michigan. They launched their IPO in 1992.
Taubman Centers Properties:
Arizona Mills, Beverly Center, Charleston Place, Cherry Creek, Dolphin Mall, Fair Oaks Mall, Fairlane Town Center, Great Lakes Crossing, International Plaza, MacArthur Center, The Mall at Millenia, The Mall at Partridge Creek, The Mall at Short Hills, The Mall at Wellington Green, Northlake Mall, The Pier Shops at Caesars, Regency Square, The Shops at Willow Bend, Stamford Town Center, Stony Point Fashion Park, Sunvalley Shopping Center, Twelve Oaks Mall, Waterside Shops, Westfarms, and Woodfield Shopping Center.
Some of these are Taubman World Class Shopping Centers.
Taubman Centers is a real estate investment trust (REIT) profiting from the shoppers of America and, soon, Asia.
Next: Urstadt Biddle Properties -- community shopping centers in the Northeast United States
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