Tanger completes acquisition of Pinecrest to expand market-leading town center destinations
Acquiring Company
Tanger Factory Outlet Centers
Acquired Company
Pinecrest
United StatesOhioE CommerceFashionRetailLifestyleFood and BeverageHospitalityRetailDescription
Tanger, a publicly traded owner and operator of retail shopping centers, has acquired Pinecrest, a prominent 640,000-square-foot open-air, grocery-anchored, mixed-use center in Orange Village, Ohio. This acquisition aligns with Tanger's growth strategy and expansion in the full-price retail space, further enhancing its presence in market-leading town center destinations.
Quick answer
Tanger Factory Outlet Centers is acquiring Pinecrest, announced February 13, 2025. Tanger Factory Outlet Centers is based in United States.
- How much did Tanger Factory Outlet Centers pay for Pinecrest?
- The deal value was not disclosed.
- What does Tanger Factory Outlet Centers do?
- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of upscale open-air outlet centers that owns (or has an ownership interest in) and/or manages a portfolio of 37 centers with an additional center..
- Where are Tanger Factory Outlet Centers and Pinecrest based?
- Tanger Factory Outlet Centers is based in United States. Pinecrest is based in Ohio, United States.
- Who are the decision-makers at Tanger Factory Outlet Centers?
- Fundz holds 2 contacts at Tanger Factory Outlet Centers. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in E Commerce and Fashion
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- USHOPAL acquires PAYOT for luxury beauty expansion (March 5, 2025)
- Flipkart shuts down ANS Commerce after acquisition (March 2, 2025)
- Flowers Foods to acquire Simple Foods from Lifeway Foods resulting in $5 million net gain, $5M (February 11, 2025)
- Bluestar Alliance LLC acquires Palm Angels® to strengthen its presence in luxury streetwear market (February 11, 2025)
- Sweetmore Bakeries completes acquisition of Azteca Bakeries to expand its portfolio (January 16, 2025)
- Dollar Tree sells Family Dollar for $1 billion, $1B (March 26, 2025)
Who to call at Tanger Factory Outlet Centers, and when
When Tanger Factory Outlet Centers changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Tanger Factory Outlet Centers raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Tanger Factory Outlet Centers, from your own LinkedIn network
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Frequently asked
Who acquired Pinecrest?
Pinecrest was acquired by Tanger Factory Outlet Centers, based in United States. The deal was reported on February 13, 2025. Tanger Factory Outlet Centers, Inc. Tanger Factory Outlet Centers is privately held and operates in E Commerce.
When did Tanger Factory Outlet Centers acquire Pinecrest?
Tanger Factory Outlet Centers's acquisition of Pinecrest was reported on February 13, 2025. Tanger, a publicly traded owner and operator of retail shopping centers, has acquired Pinecrest, a prominent 640,000-square-foot open-air, grocery-anchored, mixed-use center in Orange Village, Ohio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pinecrest do?
Pinecrest is an upscale 640,000-square-foot open-air, grocery-anchored, mixed-use center located in the affluent eastern suburbs of Greater Cleveland. It is privately held, operating in Food and Beverage, and is based in Ohio.
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