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Tanger Factory Outlet Centers

Tanger Outlet CentersTanger Factory Outlet Centers, Inc. is a recognized leading developer and manager of factory outlet shopping centers, each one known as Tanger Outlet Center.They have been a publicly held Real Estate Investment Trust since May, 1993. Tanger shares are traded on the New York Stock Exchange under the symbol SKT. The Company currently has ownership interests in or management responsibilities for 34 centers in 21 states.

For more than 20 years, Tanger Factory Outlet Centers, Inc. has been developing shopping centers catering to bargain-hunting consumers like Tanger Outlets Foley in Alabama or Tanger Outlets Williamsburg in Iowa . The company acquires, develops, owns and operates multi-unit shopping centers, leasing the individual stores to tenant companies who wish to offer factory overruns or imperfect merchandise directly to consumers at a substantial discount over retail prices. Tanger has 29 outlet centers in 20 states, most of them located either in a resort area or on a thoroughfare between two major cities. With occupancy rates close to 95 percent, the centers generally contain about 70 stores run by manufacturers of upscale clothing and household items. Prominent tenants include Liz Claiborne, Polo Ralph Lauren, and Banana Republic.

 

 
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