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Arizona Mills is an outlet shopping mall in Tempe, Arizona within the Phoenix metropolitan area. It is a tourist destination in Phoenix, Arizona built by the Mills Corporation (which owned 25%) and Taubman Centers. Taubman has since sold its 75% stake to Simon Property Group, which had already purchased the Mills Corporation in 2007.
Taubman Centers, Inc. is an American real estate investment trust headquartered in Bloomfield Hills, Michigan. The company invests in shopping centers, and is a subsidiary of Simon Property Group since 2020.
In December 2020, the company acquired Taubman Centers for $3.4 billion. [45] It also acquired J.C. Penney in partnership with Brookfield Asset Management. [46] In April 2022, it was announced that Simon and Brookfield are set to offer to buy Kohl's. [47] Simon purchased a 50% stake in Jamestown, a real estate developer, in October 2022. [48]
An eclectic mix of pop-ups has been gaining ground at Taubman Centers, the real estate investment trust that owns, leases and manages shopping centers and malls in the U.S. and Asia. Boll & Branch ...
Police say the three people are accused of multiple felonies in connection with the shooting, which happened at the mall's food court on Sept. 13.
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Taubman is on the executive board of the National Association of Real Estate Investment Trusts (NAREIT) and is a member and immediate past chairman of the Real Estate Roundtable in Washington, D.C. He is a member and past trustee of the Urban Land Institute (ULI) and founding chairman of ULI’s Detroit Regional District Council.
In the early 20th century, it became the basis for a popular flour brand, Arizona Rose -- produced by the original Hayden Flour Mills. That Hayden Flour was founded in 1874.