Tanger Factory Outlet Centers announced it acquired the Asheville Outlets retail center and an adjacent store in Asheville, North Carolina, for $70 million, further evidence that investors believe discount retailers are attractive during periods of rising inflation.
Tanger Factory Outlet Centers Acquires Outlets in Asheville, North Carolina
Outlet Centers Seen as a Solid Investment During Time of Rising Inflation
By Andy Peters
CoStar News
November 14, 2023 | 7:02 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Asheville Outlets
800 Brevard Rd, Asheville, NC
- Building 1
4060 Cane Ridge Pky, Antioch, TN
- Companies
- Tanger Factory Outlet Centers, Inc.
Real Estate
- New England Development
Construction
- Contacts
- Stephen Yalof
Director, President and Chief Executive Officer, Tanger Factory Outlet Centers, Inc.