Tanger Outlets purchases Asheville Outlets for $70M, cites tourism as a strength

Posted on AllSides November 15th, 2023

ASHEVILLE - Tanger Outlets announced the $70 million purchase of Asheville Outlets in a Nov. 13 news release, adding to its network of 37 shopping centers across the nation. "We are excited to add Asheville Outlets to the Tanger portfolio. Asheville is a dynamic and growing market with outsized potential," said Stephen Yalof, President and CEO of Tanger, in the news release. Currently, Asheville Outlets is made up of 70 stores with national brands like Nike, J.Crew and Bath and Body Works having stores at the outlet. In the news...

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https://citizen-times.com/story/news/local/2023/11/15/tanger-announces-70-million-acquisition-of-asheville-outlets/71591112007

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