In April 2019, the company sold 4 shopping centers to Singerman Real Estate and The Outlet Resource Group for $130.5 million. In October 2015, the company sold 5 shopping centers for $150.7 million. In June 2011, the company formed a joint venture with Simon Property Group to develop a shopping center south of Houston, Texas. In January 2011, the company announced a 50/50 joint venture with RioCan Real Estate Investment Trust to develop outlet malls in Canada. In October 2010, the founder died at age 87. Tanger resigned the position of chairman. That same year in September, founder Stanley K. 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. In May 1993, the company incorporated as a real estate investment trust and became a public company via an initial public offering. In 1981, Stanley Tanger opened the Burlington Manufacturer's Outlet Center in Burlington, North Carolina. Notable properties owned by the company include Tanger Outlets The Walk, Tanger Outlets Southaven (Memphis), Tanger Outlets Pittsburgh, Tanger Outlets Foxwoods, Tanger Outlets Ottawa and Tanger Outlets Columbus. The company's largest tenants are Gap, Ascena Retail Group, Nike, Inc., PVH, H&M, Ralph Lauren Corporation, and VF Corporation. 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.Īs of November 2023, the company owns and manages 38 shopping centers, comprising 14.0 million square feet and more than 3,000 stores. Tanger Outlets in Deer Park, New York Tanger Outlets tower in San Marcos, Texas
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