Tanger Factory Outlet Centers 2024 Bridge Street Acquisition

Tanger Factory Outlet Centers presents its November 2023 acquisition of Bridge Street Town Centre in Huntsville, Alabama for $193.5M, an 825,000 SF open-air retail center with 87.2% occupancy. The acquisition marks Tanger's first open-air lifestyle center and benefits from Huntsville's strong growth as a tech and military hub with significant infrastructure expansion planned.