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Tanger Outlets Atlantic City. Tanger Outlets Atlantic City, formerly known as The Walk, is a 109-store open-air outlet mall in Atlantic City, New Jersey. It is the only outlet mall in Atlantic County. The mall opened in August 2003 and spans 3 city blocks, featuring a unique layout in outlet mall construction.
Tanger Inc. is a real estate investment trust headquartered in Greensboro, North Carolina, that invests in shopping centers containing upscale outlet stores in the United States and Canada. As of November 2023, the company owns and manages 38 shopping centers comprising 14.0 million square feet and more than 3,000 stores.
Largest malls. The largest malls in New Jersey—those and ranked in descending order by size Gross Leasable Area (GLA) are: American Dream Meadowlands – 3,000,000 sq ft (280,000 m 2) Westfield Garden State Plaza – 2,132,112 sq ft (198,079.7 m 2) Freehold Raceway Mall – 1,671,000 sq ft (155,200 m 2)
The outlet hosts a wide range of stores and also provides seasonal events and promotions for additional savings. Incidents. In April 2023, $5000 of jewelry was stolen from a store in the outlet mall. Economic Impact. Tanger Outlets Cookstown contributes to the local economy through job creation, sales tax revenue, and attracting tourists.
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Today, about 28% of our enterprise value is debt, versus the opposite for most real estate people. Most real estate people have 70% debt and 30% equity. We have the opposite. Today, only 5% ...
In 2023, Tanger Outlets was the target of a shoplifting case during the busy holiday season, just weeks after its grand opening. According to police, on Nov. 12, a man and woman grabbed thousands ...
The mall was built in 1986 as Manufacturer's Marketplace/Prime Outlets at Birch Run. [3] In 2010, the mall was bought by Simon Property Group's Premium Outlet division and renamed Birch Run Premium Outlets. [4] The mall's busiest months are August and December, the former due to back-to-school shopping and vacationing travelers. [5]