Taubman Centers puts Stamford Town Center mall up for sale

Real estate investment trust Taubman Centers has put Stamford Town Center on the market, the Fairfield County Business Journal reported. The 853,000-square-foot mall sits on 10 acres in a zone that would allow for “a variety of uses including office, hotel, and light industrial, as well as rental residential units,” according to the outlet. It’s not clear how much Taubman Centers is seeking for the property. “As the retail evolution continues, we are exploring all possible alternatives for the asset, including a sale,” the REIT’s director of strategic communications Maria Mainville told the outlet. “We expect potential buyers will have a vision for the redevelopment of this important piece of Stamford Downtown.” [FBJ]