Taubman Centers Inc.
Simon Property Completes $3.4B Taubman Purchase
The retail giant agreed to acquire the premium mall owner in November, revising a merger deal that had been shelved during the summer.
Simon, Taubman Ink Revised Merger Agreement
While the new purchase price is lower than initially negotiated in February, the deal allows the REITs to avoid a legal battle.
Taubman Centers Sells 760 KSF Connecticut Mall
An arm of home furnishings maker Safavieh acquired Stamford Town Center from the REIT, with plans to revitalize the nearly four-decade-old property.
Orlando Commercial Real Estate Wrap-Up – June 2020
Newly delivered warehouses fetch $26 million. REALTOR association outline headquarters plans. Read our June selection of Orlando must-knows.
Is the Simon-Taubman Merger Really Off?
Retail real estate experts speculate that Simon Property Group’s announced decision to call off its $3.6 billion acquisition of Taubman Centers Inc. may be a tactical move.
Simon Property Scraps $3.6B Taubman Merger
The nation’s largest retail owner cited the impact of the pandemic on Taubman Centers and claimed the REIT breached its agreement.
What Simon Property’s Q1 Results Say About Retail’s Future
The REIT is reopening half of its portfolio, while analysts’ concerns about what’s ahead for mall-based stores persist.
Orlando Monthly CRE Wrap-Up (Feb. 2020)
Four hotel projects near Disney land financing. Mall at Millenia changes ownership. Catch up on Orlando news with our selection of February must-knows.
Tampa Monthly CRE Wrap-Up (Feb. 2020)
International Plaza trades as part of massive transaction. Coworking provider enters St. Petersburg. Marcus & Millichap appoints new VP. Here’s our February selection of Tampa must-knows.
Simon’s $3.6B Taubman Buy a Positive Sign for Class A Malls
The deal signals not only that Simon is in it for the long haul but also that premier shopping centers are undervalued.