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Tanger completes acquisition of The Promenade at Chenal to expand its open-air retail portfolio

PRIVATEDec 10, 2024

Acquiring Company

Tanger Factory Outlet Centers

Acquired Company

Tanger Factory Outlet Centers

United StatesUnited StatesE CommerceFashionRetailLifestyleE CommerceFashionRetailLifestyle

Description

Tanger, a leading owner and operator of outlet and open-air retail shopping destinations, has acquired The Promenade at Chenal, a 270,000-square-foot upscale, open-air lifestyle shopping center in Little Rock, Arkansas. This acquisition marks Tanger’s entrance into Arkansas and strengthens its portfolio with a market-dominant lifestyle destination offering diverse shopping, dining, and entertainment experiences.

Quick answer

Tanger Factory Outlet Centers is acquiring Tanger Factory Outlet Centers, announced December 10, 2024. Tanger Factory Outlet Centers is based in United States.

How much did Tanger Factory Outlet Centers pay for Tanger Factory Outlet Centers?
The deal value was not disclosed.
Where are Tanger Factory Outlet Centers and Tanger Factory Outlet Centers based?
Tanger Factory Outlet Centers is based in United States. Tanger Factory Outlet Centers is based in 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

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Tanger Factory Outlet Centers

Location

United States

About

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 currently under development. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 14.0 million square feet, leased to over 2,700 stores operated by more than 600 different brand name companies. The Company has more than 41 years of experience in the outlet industry and is a publicly-traded REIT. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the Company's website at www.tangeroutlets.com.

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Frequently asked

Who acquired Tanger Factory Outlet Centers?

Tanger Factory Outlet Centers was acquired by Tanger Factory Outlet Centers, based in United States. The deal was reported on December 10, 2024. Tanger Factory Outlet Centers, Inc. Tanger Factory Outlet Centers is privately held and operates in E Commerce.

When did Tanger Factory Outlet Centers acquire Tanger Factory Outlet Centers?

Tanger Factory Outlet Centers's acquisition of Tanger Factory Outlet Centers was reported on December 10, 2024. Tanger, a leading owner and operator of outlet and open-air retail shopping destinations, has acquired The Promenade at Chenal, a 270,000-square-foot upscale, open-air lifestyle shopping center in Little Rock, Arkansas. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

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 currently under development. It is privately held, operating in E Commerce, and is based in United States.

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