TAMPA, FL-Taubman Centers Inc. has acquired the remaining 49.9% stake in International Plaza, an upscale shopping center measuring 1.2 million square feet in Tampa, to become the sole owner of the property. The real estate investment trust acquired CSAT LP's interest in the 1.2-million-square-foot shopping mall for $437 million.
International Plaza, opened in 2001, is anchored by Neiman Marcus, Nordstrom and Dillard's. Taubman now owns 100% of the retail center. For the full story, go to Tampa Bay Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.