TANGER FACTORY OUTLET CENTERS, INC. (/ˈtæŋ.ər/ TANG-er ) (NYSE
: SKT) is a real estate company that owns the chain Tanger Outlets, an
outlet mall company headquartered in
Greensboro, North Carolina
The company derives its name from founder Stanley Tanger who opened the Burlington Manufacturer's Outlet Center (BMOC) in Burlington, North Carolina , in 1981. As of 2011, the company has 35 centers in 24 states.
The company operates as a REIT . In June 1993 it became the first publicly traded outlet company when it was listed on the New York Stock Exchange.
As of December 31, 2006, Tanger's 30 centers represented a gross leasable area (GLA) of approximately 8,400,000 square feet (780,000 m2) and consisted of more than 1,800 stores, representing about 380 store brands. According to its website it had 150 million shoppers in 2006.
On January 24, 2011, it announced a $1 billion partnership with
RioCan Real Estate Investment Trust
In November 2012, Tanger announced it will join Simon Property Group in constructing a new 400,000 sq. ft. center in Charlotte, North Carolina .
Tenants in its centers include
Liz Claiborne , Gap , Banana Republic
* ^ "Financial Statements for Tanger Factory Outlet Centers Inc. - Google Finance". www.google.com. * ^ "Tanger Outlets FAQ". Retrieved August 10, 2017. * ^ A B "Stanley Tanger, outlet industry pioneer, dies". News & Record . 2010-10-24. Retrieved 2010-10-24. * ^ Editorial, Reuters. " Company Profile - Reuters.com". U.S. * ^ "Our History - Tangeroutlet.com - Retrieved November 16,