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Taubman set to open upscale mall in Puerto Rico next week

Bloomfield Hills-based Taubman Centers Inc. (NYSE:TCO) is preparing to open an upscale mall in Puerto Rico next week.

Nordstrom and Saks Fifth Avenue will anchor the $475 million San Juan project set to open March 26.

The 650,000-square-foot tri-level mall has been under construction since September 2012. It is located within five minutes of the international airport and convenient to the central business district, the primary medical center, the University of Puerto Rico and the beach-front hotels in the Isla Verde and Condado areas, Taubman said on the mall’s website.

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