Simon to get three Gulf Coast malls with Taubman deal

Deal for majority stake in Michigan center developer will add trio of upscale retail hubs in Tampa, Sarasota and Naples

  • By Kevin McQuaid
  • | 6:00 a.m. February 21, 2020
COSTAR GROUP -- International Plaza and Bay Street in Tampa's Westshore district is one of three area malls that Simon Property Group will buy when it acquires Taubman Centers.
COSTAR GROUP -- International Plaza and Bay Street in Tampa's Westshore district is one of three area malls that Simon Property Group will buy when it acquires Taubman Centers.
  • Commercial Real Estate
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Simon Property Group’s pending $3.6 billion acquisition of a majority stake in the entity that controls Taubman Centers’ mall holdings will add three upscale Gulf Coast retail hubs to its vast portfolio.

 

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