Taubman Realty Group, formerly Taubman Centers, was 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. Simon completed a full buyout of the company in November 2025.[2]
History
The company was founded in 1950 by A. Alfred Taubman. In 1953, it opened its first shopping center, North Flint Plaza, in Flint, Michigan. In 1964, the company opened its first enclosed mall, Southland Mall, in Hayward, California. In 1973, the company was incorporated as Taubman Centers, Inc.[1] In 1987, the company sold Southridge Mall, in Milwaukee County, Wisconsin. In 1992, the company became a public company via an initial public offering.[3]