Taubman, which will end its fiscal year on Dec. 31, trades on the New York Stock Exchange, where its stock, TCO, is trading this week in the $20-21 range. With some fluctuations as the company was the target of a failed takeover bid that started in late 2002, Taubman's stock has generally been on an upswing this year. Taubman's stock opened the year at about $16 a share.
In 2002, Taubman said sales in its centers averaged $456 per sf. This compares to a national average of about $225/sf for all regional malls. The company said 2003 figures are not yet available.
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