Website: N/A
Stock Symbol: NYSE: SKT
Market Value: N/A (in millions)
Tanger Factory Outlet Centers, Inc. and subsidiaries is one of the largest
owners and operators of factory outlet centers in the United States. We are a
fully-integrated, self-administered and self-managed real estate investment
trust, or REIT, which focuses exclusively on developing, acquiring, owning,
operating and managing factory outlet shopping centers. As of December 31, 2007,
we owned 29 outlet centers, with a total gross leasable area, or GLA, of
approximately 8.4 million square feet. These factory outlet centers were 98%
occupied and contained over 1,800 stores, representing approximately 370 store
brands. Also, we owned a 50% interest in two outlet centers with a GLA of
approximately 667,000 square feet.
Our factory outlet centers and other assets are held by, and all of our
operations are conducted by, Tanger Properties Limited Partnership and
subsidiaries.