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03/07/2016 Taubman Unveils Plans for a $500 Million Re-Imagination of the Iconic Beverly Center
Every aspect of the center to be transformed by holiday 2018 Taubman Centers, Inc. (NYSE: TCO) is embarking on a $500 million re-imagination of Beverly Center this month that will transform every aspect of the iconic fashion destination. The details were revealed this evening at an event featuring Los Angeles Mayor Eric Garcetti, Taubman Chairman, CEO and President Robert Taubman, Chief Operating Officer William Taubman and other special guests. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160307006621/en/ Beverly Center's re-imagined Center Court features a continuous skylight ribbon that will bathe the center in natural light (Photo: Business Wire) Critical focus areas for the project include creating a bright, contemporary and highly accessible exterior and interior that engages the center with the surrounding neighborhood, producing an effortless arrival, parking and departure experience, and offering a perfectly...
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05/25/2016 Dan Stolzenbach Named General Manager of Stamford Town Center
STAMFORD, Conn., May 25, 2016 – Retail industry veteran Dan Stolzenbach has been named general manager of Stamford Town Center , responsible for operations, retailer and community relations, as well as marketing for the shopping center. Stolzenbach succeeds long-time Taubman employee Meredith Keeler who was named general manager of Country Club Plaza , a marquee retail and office property in Kansas City recently acquired by Taubman and The Macerich Company. Stolzenbach brings nearly 20 years of experience to the position. Most recently, he served as director of operations for Bergdorf Goodman in New York City where he oversaw multiple departments and inventory control for the leading luxury retailer. Prior to this role, he held a variety of management positions with luxury specialty department store Neiman Marcus. “I’m excited to join the Stamford Town Center team and build upon the center’s solid foundation,” said Stolzenbach. “The retail industry is more dynamic than ever and we...
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05/02/2016 Taubman Centers, Inc. Issues Strong First Quarter Results
Comparable Center Net Operating Income (NOI), Excluding Lease Cancellation Income, Up 5.8 Percent Occupancy, Leased Space, and Average Rent Per Square Foot All Higher Releasing Spreads of 25.2 Percent CityOn.Xi’an About 95 Percent Leased and 80 Percent Occupied Acquisition of 50 Percent Interest in Country Club Plaza Completed 2016 FFO Guidance Increased Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the first quarter of 2016.     March 31, 2016 Three Months Ended   March 31, 2015 Three Months Ended Net income attributable to common shareowners per diluted share (EPS)   $0.41   $0.47 Funds from Operations (FFO) per diluted common share   $0.84   $0.81 Growth rate   3.7%     “Our strong results this quarter, driven by increased rents, were consistent with our expectations,” said Robert S. Taubman, chairman, president and chief executive officer of Taubman Centers. “During the quarter we also completed the...
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04/28/2016 Taubman Asia and Wangfujing Celebrate CityOn.Xi’an Shopping Center Grand Opening Today
A fresh line-up of retailers and restaurants will comprise
northwest China’s spectacular new shopping and dining destination Excited crowds gathered for the grand opening of the CityOn.Xi’an shopping center today in northwest China's Xi’an city, Shaanxi Province . The center, jointly developed by Taubman Asia and Wangfujing Group Co., Ltd. , marked the grand opening with a ribbon cutting ceremony featuring Taubman Centers, Inc. Chairman, President and Chief Executive Officer Mr. Robert Taubman , Ms. Bing Liu, former chairwoman of Wangfujing Group , and other special guests. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160428006710/en/ The seven-level, nearly one million square foot CityOn.Xi'an shopping center celebrated its grand opening on April 28, 2016 , in northwest China's Xi'an city, Shaanxi Province . The project was jointly developed by Taubman Asia and Wangfujing Group Co., Ltd. (Photo: Business Wire)...
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TCO 68.90
Change+0.03(+0.04%) Volume: 347,866 May 27, 2016