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( R e d i r e c t e d f r o m T a n g e r F a c t o r y O u t l e t C e n t e r s )
American real estate investment trust
Tanger Outlets in Deer Park, New York Tanger Outlets tower in San Marcos, Texas
Tanger Inc. is a real estate investment trust headquartered in Greensboro, North Carolina , that invests in shopping centers containing upscale outlet stores in the United States and Canada.
As of November 2023, the company owns and manages 38 shopping centers comprising 14.0 million square feet and more than 3,000 stores. [2]
The company's largest tenants are Gap , Ascena Retail Group , Nike, Inc. , PVH , H&M , Ralph Lauren Corporation , and VF Corporation .[1]
Notable properties owned by the company include Tanger Outlets The Walk , Tanger Outlets Southaven (Memphis) , Tanger Outlets Pittsburgh , and Tanger Outlets Cookstown . [1]
History [ edit ]
In 1981, Stanley Tanger opened the Burlington Manufacturer's Outlet Center in Burlington, North Carolina .[3]
In May 1993, the company was incorporated as a real estate investment trust and became a public company via an initial public offering .[4]
In January 2009, Steven B. Tanger, the son of the founder and the namesake of the Steven Tanger Center for the Performing Arts , became president and CEO of the company.[3] [5]
In October 2010, the founder died at age 87.[3] [5] [6]
In January 2011, the company announced a 50/50 joint venture with RioCan Real Estate Investment Trust to develop outlet malls in Canada.[7] Simon Property Group to develop a shopping center south of Houston, Texas .[8]
In October 2015, the company sold 5 shopping centers for $150.7 million.[9] [10]
In October 2023, the company opened its newest center in Nashville, Tennessee .[11]
In November 2023, Tanger announced its purchase of Asheville Outlets in Asheville, North Carolina .[12]
In December 2023, Tanger purchased Bridge Street Town Centre in Huntsville, Alabama .[13]
References [ edit ]
^ "Company Information" .
^ a b c "Photo Release -- Tanger Outlet Centers Mourns the Passing of Their Founder, Stanley K. Tanger" (Press release). Globe Newswire . October 24, 2010.
^ "Tanger Outlets Commemorates the 20th Anniversary of Its Initial Public Offering" (Press release). PR Newswire . May 28, 2013.
^ a b "Business Briefs: Founder of Tanger centers has died, company says" . Winston-Salem Journal . October 26, 2010. Retrieved 2021-03-09 .
^ "Outlet developer Stanley Tanger dies" . www.bizjournals.com . Retrieved 2021-03-09 .
^ "RioCan Real Estate Investment Trust and Tanger Factory Outlet Centers, Inc. Announce Joint Venture Agreement to Develop Outlet Mall Concepts in Canada" (Press release). Globe Newswire . January 24, 2011.
^ "Tanger Outlet Centers and Simon Property Group Announce a Joint Venture to Develop a Tanger Outlet Center South of Houston, Texas" (Press release). PR Newswire . June 30, 2011.
^ "Tanger Closes on the Sale of Five Non-Core Outlet Centers" (Press release). PR Newswire . October 5, 2015.
^ Ryan, Meg (April 2, 2019). "Ocean City's Tanger outlet sold; new stores coming soon" . Salisbury Daily Times . Retrieved 2019-08-02 .
^ "Tanger Announces Grand Opening of Tanger Outlets Nashville" (Press release). PR Newswire . October 26, 2023. Retrieved 2023-11-16 .
^ Kepley-Steward, Kristy (November 15, 2023). "Tanger acquires Asheville Outlets in $70 million deal, plans to enhance shopping experience" . WLOS . Retrieved 2023-12-12 .
^ Gattis, Paul (December 1, 2023). "Tanger buys Huntsville's Bridge Street Town Centre for $193 million" . al . Retrieved 2024-02-14 .
External links [ edit ]
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Tanger_Inc.&oldid=1212876337 " C a t e g o r i e s : ● T a n g e r ● 1 9 8 1 e s t a b l i s h m e n t s i n N o r t h C a r o l i n a ● A m e r i c a n c o m p a n i e s e s t a b l i s h e d i n 1 9 8 1 ● C o m p a n i e s b a s e d i n G r e e n s b o r o , N o r t h C a r o l i n a ● C o m p a n i e s l i s t e d o n t h e N e w Y o r k S t o c k E x c h a n g e ● R e a l e s t a t e i n v e s t m e n t t r u s t s o f t h e U n i t e d S t a t e s ● S h o p p i n g m a l l s e s t a b l i s h e d i n 1 9 8 1 ● S h o p p i n g c e n t e r m a n a g e m e n t f i r m s H i d d e n c a t e g o r i e s : ● A r t i c l e s w i t h s h o r t d e s c r i p t i o n ● S h o r t d e s c r i p t i o n m a t c h e s W i k i d a t a ● U s e m d y d a t e s f r o m N o v e m b e r 2 0 2 3 ● C o m m o n s c a t e g o r y l i n k i s o n W i k i d a t a ● A r t i c l e s w i t h V I A F i d e n t i f i e r s ● A r t i c l e s w i t h L C C N i d e n t i f i e r s
● T h i s p a g e w a s l a s t e d i t e d o n 1 0 M a r c h 2 0 2 4 , a t 0 0 : 1 2 ( U T C ) . ● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n . ● P r i v a c y p o l i c y ● A b o u t W i k i p e d i a ● D i s c l a i m e r s ● C o n t a c t W i k i p e d i a ● C o d e o f C o n d u c t ● D e v e l o p e r s ● S t a t i s t i c s ● C o o k i e s t a t e m e n t ● M o b i l e v i e w
$442.6 million (2022)
$2.285 billion (2019)
