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Queen Emma Land Company and Taubman Centers Announce Saks Fifth Avenue to Anchor the Revitalized International Market Place
Date:6/14/2013

store in Hawai'i – particularly in this wonderful location in the heart of Waikiki," said Steve Sadove, chairman and chief executive officer of Saks Incorporated.  "We look forward to offering the residents of and tourists to the area a great assortment of distinctive merchandise and our exemplary customer service, showcased in a beautiful new store within the International Market Place." 

This transaction is subject to customary closing conditions.

ABOUT QUEEN EMMA LAND COMPANY
Queen Emma Land Company is a local nonprofit organization established to support and advance health care in Hawai'i, primarily through The Queen's Medical Center and its affiliates. QEL accomplishes this by managing and enhancing the income-generating potential of the lands left to The Queen's Hospital by Queen Emma in 1885, and additional properties owned by The Queen's Health Systems.

ABOUT THE QUEEN'S MEDICAL CENTER
The Queen's Medical Center is a 501 (c) (3) non-profit corporation, acute care medical facility accredited by The Joint Commission. The facility houses 505 acute beds and 28 sub-acute beds and is widely known for its programs in cancer, cardiovascular disease, neuroscience, orthopedics, surgery, emergency medicine and trauma, organ transplants and behavioral medicine. Queen's is home to a number of residency programs offered in conjunction with the John A. Burns School of Medicine at the University of Hawaii. Queen's has achieved Magnet® status – the highest institutional honor for hospital excellence – from the American Nurses Credentialing Center. Magnet recognition is held by six percent of hospitals in the United States. Queen's is the first hospital in Hawaii to achieve Magnet status. 

ABOUT TAUBMAN CENTERS
Taubman Centers is an S&P MidCap 400
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SOURCE Taubman Centers, Inc.
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