Tanger Acquires Open-Air Lifestyle Center in Growth Market of Huntsville, Alabama
Continues to execute external growth strategy with acquisition of Bridge Street Town Centre, a market-dominant open-air center
GREENSBORO, N.C., Nov. 30, 2023 /PRNewswire/ — Tanger® (NYSE: SKT), a leading operator of outlet and open-air retail shopping destinations, announced today that it has acquired Bridge Street Town Centre, an 825,000‑square-foot open-air lifestyle center in Huntsville, Alabama, one of the fastest growing markets in the country. The center comprises over 80 retail stores, restaurants, and entertainment venues and serves as the dominant shopping destination in the market.
Tanger®, a leading operator of outlet and open-air retail shopping destinations, announced today that it has acquired Bridge Street Town Centre, an 825,000 square-foot open-air lifestyle center in Huntsville, Alabama, one of the fastest growing markets in the country.
Tanger has acquired Bridge Street Town Centre, its 39th open air shopping center and the dominant shopping destination in the Huntsville, Alabama market.
Bridge Street Town Centre, Tanger’s first open-air lifestyle center, is over 93 percent occupied, with a dynamic tenant mix of over 80 retail stores, restaurants, and entertainment venues.
The addition of Bridge Street Town Centre in Huntsville, Alabama, to Tanger’s retail portfolio is a natural extension of the company’s capabilities and consistent with its long-term investment strategy.
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