Taubman Centers Seeing Good Demand in Its Shopping Centers

Bobby Taubman, chairman, president, and CEO of Taubman Centers, Inc. (NYSE: TCO), participated in a video interview at Nareit’s REITworld: 2019 Annual Conference in Los Angeles.

Taubman said that despite the bankruptcy of tenant Forever 21 in 2019, the REIT’s occupancies are in good shape and that it would end the year in the “near 95% range.”

“There’s good demand in our shopping centers,” he said. “Our portfolio seems to be rather healthy.”

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