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About Taubman: Company Overview
Taubman Centers creates extraordinary retail environments for shoppers, merchants, communities and investors. Our portfolio of United States regional and super regional malls, located in major markets from coast to coast, is the most productive in the nation with 2007 sales per square foot averaging $555. Through our Taubman Asia subsidiary, we are extending the company's unsurpassed retail real estate expertise to international markets. In 2007, Taubman Centers’ common stock performance was significantly better than any other mall REIT and in the top 15 percent of the more than 120 U.S. REITs. Taubman Centers’ common stock has now provided a nearly 21 percent compound annual return over the past 10 years, the best return of any U.S. REIT. The Taubman Centers' development pipeline is one of the most active in the industry. Exciting new properties, expansions and renovations are coming on-line in affluent, growing communities from Long Island to Las Vegas. We're headquartered in Bloomfield Hills, Michigan, with offices in the San Francisco Bay area, Alexandria, Virginia, and New York. Taubman Asia is headquartered in Hong Kong. Founded in 1950, Taubman began trading on the New York Stock Exchange in 1992 (NYSE:TCO) as a Real Estate Investment Trust. |
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