The mall space is not considered a hot area by and large. Having said that, this doesn't mean that opportunities don't exist. Case in point, we need to only look at Simon Property Group (SPG) and the company's decision to acquire the lion's share of Taubman Realty Group ((TRG)), the operating partnership through which Taubman Centers (TCO) operates. This move, at a significant premium to where shares of Taubman were trading for previously, illustrates Simon's belief in the market opportunity in this space.
Though shareholders in Taubman should be happy, investors