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Mall landlord Simon Property Group has settled with state authorities over an investigation into "anticompetitive tactics" at Woodbury Common Outlet Center in Central Valley, New York.
NYSE: SKT) has bought the development site for Tanger Outlets in Fort Worth and celebrated the official ground breaking of its new outlet center serving the North Texas Community, the company said.
9% based on a valuation of USD 197m for the outlet center and the company's forecasted 2017 property level net operating income.
The two-story Horizon Outlet Center, which boasts more than 55 merchants, will double in size to 600,000 square feet and will go more upscale, adding such retailers as Liz Claiborne, Tommy Hilfiger, Quiksilver and Calvin Klein.
The International Council of Shopping Centers has created a factory outlet sales index with the cooperation of outlet center developers and provides a wealth of information on outlet centers.
According to Value Retail News (VRN), today's outlet center landscape is very different than ten or even five years ago.
The Prime Outlets of Puerto Rico is located 35 miles west of San Juan and is comprised of a 176,327 square feet outlet center and an 83,000 square feet out-parcel.
The first such village is adjacent to an existing outlet center in San Marcos, Texas, a choice location about halfway between San Antonio and Austin.
Tejon Ranch Company (NYSE: TRC) and The Rockefeller Group have entered into a Letter of Intent to partner in the development of The Outlets at Tejon Ranch, a premier outlet center that is being planned for one of California's busiest highway junctures, where Interstate 5 and Highway 99 meet just south of Bakersfield.
0 million floating rate mortgage loan related to its outlet center in Glendale (Westgate), Arizona, repay borrowings under its unsecured lines of credit and for general corporate purposes.
outlet center and the firm's first commercial retail site in Oregon, where it currently owns seven office, industrial and warehouse properties.
Saturday's fiery collision on the Ventura Freeway in Westlake Village - which killed one man, injured four people and closed up the freeway until Sunday afternoon - didn't stop shoppers from flooding the outlet center, Cameron said.