Last Updated: October 24, 2011 01:49am ET

Taubman Posts Impressive 11.7% Sales Jump

By Robert Carr

BLOOMFIELD HILLS, MI-The mall REIT said in a third quarter conference call Friday that it is working on a handful of new developments in the United States and China.

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Walgreens Sells For $1,736 Per Square Foot

LAS VEGAS-A foreign fund pays $27.8 million for the store, making it the most valuable single-tenant net-leased drugstore ever to trade in the US.