Tanger acquires Bridge Street Town Center for $193.5 million

The company announced Thursday that the Huntsville shopping center will become its 39th property across the United States and expects the center to provide the company with major growth. “We continue to leverage the strength of our retail operating, leasing and marketing platforms to create value, both in the outlet channel and through selective investments in other complementary open-air retail destinations,” said Stephen Yalof, President and CEO of Tanger. “The addition of Bridge Street Town Centre is a natural extension of our capabilities and consistent with our long-term strategy of...