Tanger Factory Outlet Centers Inc. Profile

Tanger Factory Outlet Centers, Inc., through its subsidiaries, operates as a real estate investment trust (REIT). It engages in developing, acquiring, owning, operating, and managing factory outlet shopping centers, known as Tanger outlet center.

The company conducts its operations through Tanger Properties Limited Partnership.

As of June 8, 2004, Tanger had ownership interests in or management responsibilities for 38 centers in 23 states coast to coast, totaling approximately 9.

3 million square feet of gross leasable area.

As a REIT, the company is exempt form Federal income taxes to the extent it distributes at least 90% of its taxable income to its shareholders.

Tanger Factory Outlet Centers was founded by Stanley K.

Tanger in 1993 and is headquartered in Greensboro, North Carolina.

 

 

 


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