Tanger Outlets Plans Outlet Center Near Memphis

by Katie Lee

Greensboro, N.C. — Tanger Factory Outlet Centers, Inc., plans to develop Tanger Outlets Memphis in partnership with Poag Shopping Centers, LLC. The partnership will commence construction immediately and open for the 2015 holiday season. The partners plan to initially deliver approximately 310,000 square feet of space to house around 70 upscale brand name and designer outlet stores. The site can accommodate future expansion to a total footprint of approximately 410,000 square feet of outlet and other retail uses. 

The center will be located approximately 4.5 miles south of Memphis in Southaven, Miss., with visibility on I-69/55.

Tanger Factory Outlet Centers, Inc. is a publicly-traded REIT headquartered in Greensboro, N.C., that operates and owns, or has an ownership interest in, a portfolio of 46 upscale outlet shopping centers in 26 states coast to coast and in Canada, totaling approximately 14.3 million square feet leased to over 3,000 stores operated by more than 480 different brand name companies. For more information visit www.tangeroutlet.com.

Headquartered in Memphis, Tenn., Poag Shopping Centers’ national portfolio currently consists of 12 lifestyle center developments that are either completed, under construction, or in the pre-construction development stages. The company was founded in 1984.


SOURCE: Tanger Outlet Centers

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