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CCC is an undertaking by City Creek Reserve, Inc. (CCRI) and Property Reserve, Inc. (PRI), both commercial real estate entities of the Church of Jesus Christ of Latter-day Saints (LDS Church), and Taubman Centers, Inc. (TCI). PRI invested in the housing and parking elements of the mall, while TCI owns and operates the shopping center itself.
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.
Taubman Company leased and managed the building until control was later taken over by Mills Corporation. Early leasing efforts were substantially enhanced when Limited Brands (now known as L Brands ), a locally based dominant specialty retailer, announced that all of its brands would have a presence at the center.
Taubman was friends with Henry Ford II, the longtime chairman and CEO of Ford Motor Co., and the prime mover behind the creation of the RenCen in the 1970s. As site work was just getting underway ...
Taubman Centers (NYS: TCO) hasn't been able to establish an earnings trend, bouncing between beating and falling short of estimates during the past fiscal year. The company will unveil its latest ...
Fair Oaks Mall officially opened on July 31, 1980. [3] The 1,400,000-square-foot (130,000 m 2) mall, developed by the Taubman Company, opened in the midst of a recession, with only four of six anchor stores in operation (Hecht's, JCPenney, Sears, and Woodward & Lothrop) and 15 other storefronts occupied, leaving three fourths of the storefronts empty.
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International Market Place is situated on six acres of land owned by Queen Emma Land Company. The center itself is owned by Taubman [15] and CoastWood Capital Group through a long-term land lease with Queen Emma Land Company. Taubman leases and manages the project. [16]