| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
62 |
| Employees |
591 |
| Revenues (TTM) (Millions $) |
586 |
| Net Income (TTM) (Millions $) |
-75 |
| Cash Flow (TTM) (Millions $) |
194 |
| Capital Exp. (TTM) (Millions $) |
88 |
Business Description
Taubman Centers Inc. is an American real estate investment trust that specializes in owning, managing, and developing high-end shopping centers. The company was founded in 1950 by A. Al Taubman, who was known for his innovative work and creative designs in the field of shopping center development. The company is headquartered in Bloomfield Hills, Michigan and has a global reach with shopping centers across the United States, Asia, and Europe.
Taubman Centers focuses on the creation and management of premier shopping destinations, with a primary aim to provide a unique and exceptional shopping experience. They are known for their iconic and award-winning shopping centers, which are designed to cater to the changing consumer preferences and trends. Their shopping centers are renowned for their beautiful architecture, elegant landscaping, and high-end retail stores.
Taubman Centers Inc. owns and operates 26 properties, which include some of the most iconic shopping centers in the United States such as The Mall at Short Hills, The Beverly Center, The Mall at Green Hills, The Gardens Mall, The Mall at University Town Center, and The Mall of San Juan, among others. These shopping centers are strategically located in prime markets, offering a wide range of luxury brands, upscale dining options, and entertainment experiences.
Taubman Centers is also known for its commitment to sustainability and social responsibility. The company has implemented a number of initiatives to promote sustainable development, from energy-efficient lighting and heating systems to green roofs and sustainable landscaping. They are also dedicated to reducing their carbon footprint through the use of renewable energy sources and environmentally friendly practices.
Overall, Taubman Centers Inc. is a leading real estate investment trust that has positioned itself as a premium provider of world-class shopping centers. Their focus on innovation, sustainability, and social responsibility has helped them to maintain their position as one of the top players in the retail real estate industry.
Company Address: 200 East Long Lake Road, Bloomfield Hills, 48304 MI
Company Phone Number: 258-6800 Stock Exchange / Ticker: NYSE TCO
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