Craft

Taubman Centers

Stock Price

$10.7 K

2021-03-01

Market Capitalization

$2.7 B

2021-03-01

Revenue

$661.1 M

FY, 2019

Taubman Centers Summary

Company Summary

Overview
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.
Type
Public
Status
Active
Founded
1950
HQ
Bloomfield Hills, MI, US | view all locations
Website
http://www.taubman.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • William Taubman

    William Taubman, COO

    • Robert Taubman

      Robert Taubman, Chairman and Chief Executive Officer

      • Denise Anton

        Denise Anton, Executive Vice President, Center Operations

        • Ben Meeker

          Ben Meeker, Senior Vice President, Chief Financial Officer & Treasurer

          LocationsView all

          19 locations detected

          • Bloomfield Hills, MI HQ

            United States

            200 E Long Lake Rd #300

          • Auburn, WA

            United States

            Auburn, WA, USA

          • Chesterfield County, VA

            United States

            Chesterfield County, VA, USA

          • Concord, CA

            United States

            Concord, CA, USA

          • Denver, CO

            United States

            Denver, CO, USA

          • Fairfax, VA

            United States

            Fairfax, VA, USA

          and 13 others

          Taubman Centers Financials

          Summary Financials

          Revenue (Q3, 2020)
          $131.0M
          Net income (Q3, 2020)
          ($36.6M)
          Cash (Q3, 2020)
          $256.5M
          EBIT (Q3, 2020)
          ($30.1M)
          Enterprise value
          $2.6B

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