Simon Property Group, the nation’s largest shopping center and mall landlord, reached a truce to purchase rival Taubman Centers at a pared down price from its pre-pandemic deal, averting a courtroom battle that was to start Monday.
Simon, Taubman Agree on 20% Discount for Shopping Center Deal
Retail Landlords Call Truce; Purchase Expected to Close in Early 2021
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IN THIS ARTICLE
- Companies
- Taubman Centers, Inc.
Real Estate