Somerset Collection

Somerset Collection is a premium upscale shopping mall located in the Metro Detroit suburb and commercial area of Troy, Michigan. Developed, managed and co-owned by The Forbes Company, the center is anchored by department stores Nordstrom, Macy’s, Neiman Marcus, and Saks Fifth Avenue.

More than 180 additional specialty shops and restaurants are located at Somerset.

Somerset Collection is among the most profitable malls in the United States not owned by a real estate investment trust. Mall developers consider Somerset Collection to be among the nation’s top privately held mall properties with 2004 annual sales of about $600 million and sales per square foot at $620 compared to the national average of $341, well above the “Class A” threshold. Of the 100 most profitable malls, 76 are owned by real estate investment trusts.