Rule 424(b)(3)
Registration No. 33-90818
PRICING SUPPLEMENT NO. 10
Dated July 24, 1996, to
Prospectus Supplement dated May 19, 1995, and
Prospectus dated April 25, 1995
THE TAUBMAN REALTY GROUP LIMITED PARTNERSHIP
MEDIUM-TERM NOTES
The Taubman Realty Group Limited Partnership ("TRG") hereby offers $70.0 million
aggregate principal amount of its Medium-Term Notes having the terms set forth
below (the "Notes"), as well as the additional terms set forth in the Prospectus
Supplement dated May 19, 1995. TRG may issue Medium-Term Notes having maturities
of more than nine months in an aggregate principal amount of up to $500.0
million. After giving effect to the issuance of the Notes and floating rate
Medium-Term Notes concurrently offered pursuant to separate pricing supplements,
an aggregate principal amount of $243.4 million of Medium-Term Notes has been
issued to date. This Pricing Supplement No. 10 relates only to the offering of
the Notes described below.
Interest Payable: each December 15 and June 15 (commencing December 15,1996)
and at maturity
Price to Public: 99.963%
Agents' Commission: 0.50%
Agents: Morgan Stanley & Co. Incorporated
Goldman, Sachs & Co.
Merrill Lynch & Co.
J.P. Morgan Securities Inc.
UBS Securities LLC
Lehman Brothers Inc.
Donaldson, Lufkin & Jenrette Securities Corp.
Original Issue Date: July 29, 1996
Initial Accrual Period: July 29, 1996, through December 14, 1996
Specified Currency: United States Dollars
Interest Rate: 8.0%
Original Maturity Date: July 30, 2001
TRG intends to use the net proceeds from the sale of the Notes to pay down one
or more of its existing floating rate working capital facilities.
MWK-BH\135442.1