GREENSBORO, N.C., Oct. 12, 2017 /PRNewswire/ -- Tanger Factory
Outlet Centers, Inc. (NYSE: SKT) announced today that Tanger
Outlets Fort Worth will celebrate its Grand Opening on Friday, October 27th, starting at
9:00 AM CT when the stores officially
open. An official ribbon-cutting ceremony hosted by Steven B. Tanger, Chief Executive Officer of
Tanger Outlets, Drew and Jonathan
Scott from the hit show Property Brothers, as well as state
and local officials, will take place at 10:00 AM CT.
The new center, which is expected to be approximately 93% leased
by grand opening, will feature more than 75 upscale brand name and
designer outlet retailers including H&M, Gap, Tommy Hilfiger, Children's Place, Nike, Levi's,
Banana Republic, Express, Guess, Restoration Hardware and many
more. The opening of Tanger Outlets Fort Worth is expected to
create more than 900 full and part time jobs and is estimated to
generate more than $10 Million in
additional state and local sales tax revenue.
"We are excited to provide a world-class retail destination to
the residents of the Dallas-Fort Worth Metroplex and contribute to
the city's economic growth," said Steven B.
Tanger, Chief Executive Officer of Tanger Factory Outlet
Centers, Inc. "This weekend's Grand Opening will be full of
celebrations, as we mark the opening of our fourth outlet center in
Texas. We have enjoyed working
with the local government here, and hope to continue to provide
positive economic growth to the state, as well as a first-class
shopping destination for our customers."
As part of the Grand Opening celebrations, Tanger will offer
shoppers a chance to meet real estate experts Drew and Jonathan Scott, of the hit show
Property Brothers, from 12:00 PM to 2:00
PM. The Scott Brothers have worked for nearly 16 years in
the real estate industry, providing their expertise in helping
those turn down-and-out fixer-upper properties into dream homes on
their show.
Additional Grand Opening family fun activities will include a
vintage photo booth, carnival games, a Tanger Food Truck Festival,
various musicians and performers, and a Tanger Ferris Wheel.
For a full listing of Grand Opening events visit,
https://www.tangeroutlet.com/fortworth.
The new destination for fashionable saving will be located at
15853 North Freeway, Fort Worth,
TX 76177.
About Tanger Outlets:
Tanger Factory Outlet Centers, Inc. (NYSE:SKT), is a
publicly-traded REIT headquartered in Greensboro, North Carolina that presently
operates and owns, or has an ownership interest in, a portfolio of
43 upscale outlet shopping centers and one additional center
currently under construction. Tanger's operating properties are
located in 22 states coast to coast and in Canada, totaling approximately 14.9 million
square feet, leased to over 3,100 stores which are operated by more
than 500 different brand name companies. The Company has more than
36 years of experience in the outlet industry. Tanger Outlet
Centers continue to attract more than 188 million shoppers
annually. For more information on Tanger Outlet Centers, call
1-800-4TANGER or visit the Company's website at
www.tangeroutlets.com.
This news release contains forward-looking statements within the
meaning of federal securities laws. These statements include, but
are not limited to, expectations regarding tax revenue generation,
the number of jobs created and the percentage of the center leased
at grand opening and management's beliefs, plans, estimates,
intentions, and similar statements concerning anticipated future
events, results, circumstances, performance or expectations that
are not historical facts.
These forward-looking statements are subject to risks and
uncertainties. Actual results could differ materially from those
projected due to various factors including, but not limited to, the
risks associated with general economic and real estate
conditions. For a more detailed discussion of the important
factors that affect our operating results, interested parties
should review "Risk Factors" contained in the Tanger Factory Outlet
Centers, Inc. Annual Report on Form 10-K for the fiscal year ended
December 31, 2016.
Contact: quentin.pell@tangeroutlets.com
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SOURCE Tanger Factory Outlet Centers, Inc.