Tanger Acquires The Promenade at Chenal, an Open-Air Lifestyle Center in Little Rock, Arkansas
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Tanger Factory Outlet Centers, Inc. (SKT) has acquired The Promenade at Chenal, a 270,000 sq. ft. open-air lifestyle shopping center in Little Rock, Arkansas. This acquisition is part of Tanger's expansion strategy.
December 10, 2024 | 11:30 pm
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Tanger Factory Outlet Centers, Inc. has acquired The Promenade at Chenal, enhancing its asset portfolio and potentially boosting its market presence.
The acquisition of The Promenade at Chenal is a strategic move for Tanger, likely to enhance its asset portfolio and market presence. This could lead to positive investor sentiment and a potential short-term increase in SKT's stock price.
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