Taubman creates extraordinary retail environments for shoppers, retailers, 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. Through our Taubman Asia subsidiary, we are extending the company’s unsurpassed retail real estate expertise to international markets.
We’re headquartered in Bloomfield Hills, Michigan, and through our Taubman Asia subsidiary, headquartered in Hong Kong, we’re extending our expertise to booming markets in China and South Korea.
Our portfolio of U.S. regional and super-regional malls, located in major markets from coast to coast, achieved average sales per square foot of $721 in 2013, a record for us and our industry. Shares of Taubman Centers Inc. (NYSE:TCO), a Real Estate Investment Trust, have been trading on the New York Stock Exchange since 1992.
There are many reasons Taubman malls have set the industry standard for design and productivity for more than six decades.
It all starts with our organization’s intense focus on planning and our history of innovation. Many of the design features we pioneered are now incorporated into the best shopping destinations around the world. Retail real estate development is in our DNA, and we know how to create, from the ground up, environments that attract shoppers, delight retailers and reward investors.
We think like retailers, merchandising and managing our properties to maximize and sustain their sales potential within the markets they serve.