Taubman Centers operates as a self-administered and self-managed real estate investment trust. The Taubman Realty Group Limited Partnership is a majority-owned partnership subsidiary of the company that owns direct or indirect interests in all of the company's real estate properties. The company owns, manages, leases, acquires, disposes of, develops, and expands shopping centers and interests therein. The company's owned portfolio of operating centers consists of urban and suburban shopping centers operating in the United States, Puerto Rico, South Korea, and China.
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