Simon Property, Tanger buy land to develop outlet in N.C.

08/26/2013 | American City Business Journals

Simon Property Group and Tanger Factory Outlet Centers have partnered to acquire 42 acres of land near Charlotte, N.C., for $8.7 million. They plan to build a 350,000-square-foot retail outlet. The center, Charlotte Outlets, is slated to open next year and will be managed by Simon and Tanger.

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