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Taubman Buys Sunvalley Shopping Center Land for $42.5M

Joint Venture Led by Retail REIT Acquires 50-50 Stake in Concord, CA Parcel
By Roberta Bardawil
November 8, 2006 | 4:41 P.M.

Taubman Centers Inc. (NYSE: TCO), the Bloomfield Hills, MI-based shopping center REIT, and an entity affiliated with the Taubman family, jointly acquired the Sunvalley shopping center land parcel in Concord, CA, giving the partnership control of the future of the center.

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