Tanger Enhances Portfolio
Tanger Factory Outlet Centers Inc. (NYSE:SKT) recently announced that it has bought a popular outlet center located near Interstate 81 in Hershey, Pennsylvania for $56.0 million. The combined acquisition price consists of approximately $24.6 million in cash and the assumption of approximately $31.4 million in debt. The newly acquired center will be rebranded as Tanger [...]
Tanger Factory Outlet Centers Inc. (NYSE:SKT) recently announced that it has bought a popular outlet center located near Interstate 81 in Hershey, Pennsylvania for $56.0 million. The combined acquisition price consists of approximately $24.6 million in cash and the assumption of approximately $31.4 million in debt.
The newly acquired center will be rebranded as Tanger Outlets Hershey. The center spans approximately 248,000 square feet of space and comprises mostly designer outlets and branded … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards