Thursday, November 29, 2012

Change Partners: Simon and Tanger Bury Hatchet to Develop Outlet Malls In Charlotte, Columbus




National Commercial Real Estate News From CoStar Group





Change Partners: Simon and Tanger Bury Hatchet to Develop Outlet Malls In Charlotte, Columbus



In the latest skirmish in the outlet center wars, large mall developers that previously announced competing outlet center projects in Charlotte, NC, have joined forces in Charlotte and will also build a 90-store center in Columbus, OH.

Simon Property Group, Inc. (NYSE: SPG), the world's mall developer and owner, and Tanger Factory Outlet Centers, Inc. (NYSE: SKT) plan to build a 350,000-square-foot center in Charlotte in a location announced last...






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