Taubman Centers Inc.

What Taubman Centers Inc. does

Taubman Centers Inc. is a U.S. real estate company founded in 1950 by A. Alfred Taubman that develops, owns, and operates enclosed regional shopping malls across the United States, with an Asian extension operated through the Taubman Asia subsidiary. Headquartered at 200 East Long Lake Road, Suite 300, Bloomfield Hills, Michigan, the company historically managed a focused portfolio of premier regional malls described in its own materials as the "highest-performing malls in the regional mall industry," serving two primary customer groups: retail tenants who lease space for stores, dining, and entertainment operators, and consumers visiting those destinations for shopping, dining, and entertainment experiences.

The company's commercial model is built on recurring rental income from retail tenants under multi-year leases, augmented by ancillary services such as marketing, WiFi, and on-property digital engagement via mobile applications, kiosks, and the corporate website at taubman.com. Taubman has a sales-led go-to-market motion executed through direct leasing relationships with retailers. Distribution is physical-first: Taubman's value proposition is the curated location and traffic of its mall portfolio rather than a software or technology platform; technology is used in support of tenant and shopper engagement rather than as a revenue-generating product. No AI/ML or API-based products are documented.

Taubman Centers was a publicly traded REIT prior to its combination with Simon Property Group, an S&P 500 REIT, in a merger valued at approximately $10 billion. Simon completed its acquisition of the remaining 12% interest in The Taubman Realty Group Limited Partnership (TRG) on November 3, 2025, leaving Taubman wholly owned within the Simon platform. Following the closing, Taubman-branded real estate and the Taubman Asia subsidiary continue to operate, with Taubman's brand identity, trademark portfolio, and corporate entity retained by Simon.

Name

Taubman Centers Inc.

Legal name

Taubman Centers, Inc.

Website

https://taubman.com

Company type

Public

Founded year

1950

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

Taubman Centers Inc. is a Bloomfield Hills, Michigan-based REIT that develops and operates enclosed regional shopping malls across the U.S. and Asia via its Taubman Asia subsidiary. Founded in 1950 by A. Alfred Taubman, the company was acquired by Simon Property Group in a transaction valued at approximately $10 billion.

Ownership category

akta.pro rank

Product category

Retail Real Estate / Shopping Center Operations

akta.pro primary industry

Retail Property Management (BPAJAGAB)

Keywords

• Regional shopping malls
• Enclosed mall development
• Retail real estate leasing
• Commercial property operations
• Mixed-use destinations

Headquarters

HQ city

Bloomfield Hills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Marketing or Sales, Personnel

Revenue model

1. Mall Operations and Retail Leasing: Taubman generates revenue through operating premier shopping, dining, entertainment, and mixed-use destinations. The company owns and manages regional enclosed malls, earning rental income from retail tenants.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Taubman Centers develops, owns, and operates enclosed regional shopping malls across the United States and in Asia. The company leases retail space to tenants within these premier shopping, dining, entertainment, and mixed-use destinations, generating rental income from retail tenants. Taubman Asia operates as a separate subsidiary handling the company's Asian mall portfolio.

Product overview

Taubman Centers Inc. is a real estate company that develops and operates enclosed regional shopping malls across the United States and in Asia. Founded in 1950 by A. Alfred Taubman, the company is known for operating some of the highest-performing malls in the regional mall industry. As of November 3, 2025, Simon Property Group completed the acquisition of the remaining 12% interest in The Taubman Realty Group Limited Partnership (TRG). The company is headquartered in Bloomfield Hills, Michigan, and also operates Taubman Asia as a separate entity.

Differentiator

Problem solved

Functional benefit

Products and services

• Enclosed Regional Shopping Malls
• Taubman Asia Mall Portfolio

Quantifiable outcome

• Highest-performing malls in the regional mall industry

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Holland Partner GroupminorOthersHolland Partner Group appointed Benjamin Meeker, a former Taubman executive who led over $18 billion in financing and acquisition activity at Taubman and played a senior role during the $10 billion merger with Simon Property Group.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Macerich: Macerich is a publicly traded U.S. REIT that owns and operates enclosed regional malls in major metropolitan markets. It is a direct competitor in the same regional mall asset class with similar tenant mix and consumer positioning.
• Brookfield Property Partners: Brookfield Property Partners owns and operates a large portfolio of retail malls globally, including the former General Growth Properties assets. It is a direct peer in mall ownership and mixed-use development at scale.
• RPT Realty: RPT Realty is a U.S. REIT that owns open-air and traditional shopping centers, including some enclosed malls. It competes with Taubman for retail tenant relationships in select regional markets.
• Simon Property Group: Simon Property Group is the largest U.S. mall REIT and is now Taubman's parent company following the $10B merger. It is the most directly comparable operator of enclosed regional shopping malls serving the same tenant base and consumer segments.
• Federal Realty Investment Trust: Federal Realty is a U.S. REIT specializing in premier open-air shopping centers and mixed-use destinations. While more open-air focused, it competes with Taubman for premium retail tenants and high-income consumer traffic.
• Unibail-Rodamco-Westfield (URW): URW operates premium shopping destinations across the U.S. and Europe, including flagship malls like Westfield. It competes with Taubman for high-end retail tenants and consumer traffic in premier urban and suburban locations.
• CBL & Associates Properties: CBL is a U.S. REIT focused on enclosed regional malls, often in secondary markets. It serves a similar tenant mix and competes for consumer shopping trips, though typically in less premium locations than Taubman.
• PREIT (Pennsylvania REIT): PREIT is a U.S. REIT that owns and operates enclosed shopping malls, primarily in the Northeast and Mid-Atlantic. It is a direct peer in mall ownership and leasing operations.

Broad incumbents

• Kimco Realty: Kimco Realty is one of the largest publicly traded retail REITs in North America, operating open-air shopping centers. It is a broader incumbent in retail property management serving similar tenant categories as Taubman.
• BXP (Boston Properties): BXP is a major U.S. REIT focused on Class A office properties, but it also invests in mixed-use developments that combine retail and entertainment. It represents a broader incumbent in commercial real estate that overlaps with Taubman's mixed-use strategy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/taubmancenters

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Taubman Centers Inc.