Taubman Centers

src: www.taubman.com

Taubman Centers, Inc. (NYSE: TCO) owns, manages and/or leases a number of regional malls in the United States, headquartered in Bloomfield Hills, Michigan. The Taubman Asia subsidiary is headquartered in Hong Kong. Taubman's portfolio has the highest sales per square foot in the publicly traded regional mall industry.

The company was founded in 1950 by real estate pioneer A. Alfred Taubman. The company stock began trading on the New York Stock Exchange in 1992 as a Real Estate Investment Trust. The most recent U.S. centers developed by Taubman opened in Sarasota, Florida (2014); San Juan, Puerto Rico (2015); and Honolulu, Hawaii (2016). In 2016, Taubman, along with The Macerich Company, acquired the iconic Country Club Plaza in Kansas City, Missouri. Taubman Asia since 2016 has developed two properties in China and one on South Korea.

The Chief Executive Officer is Robert S. Taubman, and the Chief Operating Officer is William S. Taubman. Both are the sons of A. Alfred Taubman.

Video Taubman Centers

Currently owned, managed and/or leased by Taubman

• Beverly Center - Los Angeles, California
• The Shops at Belmond Charleston Place - Charleston, South Carolina
• Cherry Creek Shopping Center - Denver, Colorado
• City Creek Center - Salt Lake City, Utah
• Country Club Plaza - Kansas City, Missouri (50/50 partnership with Macerich)
• Dolphin Mall - [Miami, Miami-Dade County, Florida]
• Fair Oaks Mall - Fairfax, Virginia
• The Gardens on El Paseo and El Paseo Village - Palm Desert, California
• Great Lakes Crossing Outlets - Auburn Hills, Michigan
• International Market Place, Honolulu, Hawaii
• International Plaza - Tampa, Florida
• Mall at Green Hills - Nashville, Tennessee
• The Mall at Millenia - Orlando, Florida (50% equity stake, managed by The Forbes Company)
• The Mall at Short Hills - Short Hills, New Jersey
• The Mall at University Town Center - Sarasota, Florida
• The Mall of San Juan - San Juan, Puerto Rico
• Miami Worldcenter - Miami, Florida
• Stamford Town Center - Stamford, Connecticut
• Sunvalley Shopping Center - Concord, California
• Taubman Prestige Outlets Chesterfield - Chesterfield, Missouri
• Twelve Oaks Mall - Novi, Michigan
• Waterside Shops - Naples, Florida (50% equity stake, managed by The Forbes Company)
• Westfarms - Farmington, Connecticut

Maps Taubman Centers

Pre-Development

• North Atlanta Center - North Atlanta, Georgia

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Taubman Asia

• Starfield Hanam - Hanam, South Korea
• CityOn.Xi'an - Xi'an, China
• CityOn.Zhengzhou - Zhengzhou, China
• The Boulevard at Studio City - Macau, China

src: www.taubman.com

Former properties

• Arborland Consumer Mall - Ann Arbor, Michigan (sold to Simon Property Group 1985, torn down 1999)
• Arizona Mills - Tempe, Arizona [Interest sold to Simon Property Group in January 2014
• Bellevue Center - Nashville, Tennessee (surrendered in 1995 to banks)
• Briarwood Mall - Ann Arbor, Michigan (traded to GM Pension Trust 1998, management ended 2003)
• Columbus City Center - Columbus, Ohio (traded to GM Pension Trust 1998, management ended 2003)
• The Falls Mall - Miami, Florida (traded to GM Pension Trust 1998, management ended 2003)
• Fairlane Meadows -- Dearborn, Michigan
• Fairlane Town Center - Dearborn, Michigan (Sold to Starwood Capital Group on October 2014)
• Hilltop Mall - Richmond, California (traded to GM Pension Trust 1998, management ended 2003)
• Lakeforest Mall - Gaithersburg, Maryland (traded to GM Pension Trust 1998, management ended 2003)
• Lakeside Mall - Sterling Heights, Michigan (traded 2000 to Rodamco for full ownership of Twelve Oaks)
• MacArthur Center - Norfolk, Virginia (Sold to Starwood Capital Group on October 2014)
• The Mall at Oyster Bay - Syosset, New York (proposed since late 1990's, never built. Parcel sold to Simon Property Group in 2014)
• The Mall at Partridge Creek - Clinton Township, Michigan (Sold to Starwood Capital Group on October 2014)
• The Mall at Tuttle Crossing - Dublin, Ohio (traded to GM Pension Trust 1998, management ended 2003)
• The Mall at Wellington Green - Wellington, Florida (Sold to Starwood Capital Group on October 2014)
• Marley Station - Anne Arundel County, Maryland (traded to GM Pension Trust 1998, management ended 2003)
• Meadowood Mall - Reno, Nevada (traded to GM Pension Trust 1998, management ended 2003)
• Northlake Mall - Charlotte, North Carolina (Sold to Starwood Capital Group on October 2014)
• North Flint Plaza - Flint, Michigan (first Taubman shopping center, opened 1953)
• The Pier Shops at Caesars - Atlantic City, New Jersey (ownership ended in 2011, mall sold at auction to C III Capital Partners LLC)
• Queens Center - Queens, New York
• Regency Square - Richmond, Virginia (returned to creditors to avoid foreclosure, December 29, 2010 - SEC filing)
• Rockaway Townsquare - Rockaway, New Jersey (sold to Simon in 1999)
• Santa Fe Springs Mall -- Santa Fe Springs, California (built 1985 by Dean A. Beck, sold to Taubman 1990, torn down)
• The Shops at Crystals - Las Vegas, Nevada ("Sold to Simon Property Group in 2016")
• The Shops at Willow Bend - Plano, Texas (Sold to Starwood Capital Group on October 2014)
• Stony Point Fashion Park - Richmond, Virginia (Sold to Starwood Capital Group on October 2014)
• Southridge Mall - Greenfield, Wisconsin (sold 1987)
• Southland Mall - Hayward, California (first enclosed mall opened by Taubman)
• Southpark Mall - Colonial Heights, Virginia (Gained in acquisition deal with Faison in 1995, sold back to Faison shortly after))
• Stoneridge Shopping Center - Pleasanton, California (traded to GM Pension Trust 1998, management ended 2003)
• Virginia Center Commons - Glen Allen, Virginia (Gained in acquisition deal with Faison in 1995, sold to Simon Property Group shortly after)
• Woodland Mall - Grand Rapids, Michigan (sold to Pennsylvania REIT 2006)
• Woodfield Mall - Schaumburg, Illinois (no equity stake, management only, management ended 2012 when Simon Property Group purchased a stake in the center and took over management)

src: www.collegeforcreativestudies.edu

See also

• Shopping property management firms

src: www.taubman.com

References

src: c8.alamy.com

External links

• Official Site

Source of the article : Wikipedia