Taubman dumping Fairlane & Partridge Creek

[hybridy]

and the metro retail shake up continues...

Find this a sign of the times. I can't see fairlane improving w/a new owner. The mall as we know it, is dead. Properties either need to be high end or outlets these days. Taubman is only retaining 12 Oaks [[Luxury) & Great Lakes Crossing [[Outlet) as MI properties. I considered Partridge Creek higher end, but I suppose its macomb county location isn't ideal to investors.

http://www.dbusiness.com/daily-news/...reek-Fairlane/