Tanger
- Company typePublic
- Founded1977
- HeadquartersGreensboro, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
Tanger firmographics
Firmographics- Name
- Tanger
- Legal name
- Tanger Inc.
- Website
- https://tanger.inc
- Company type
- Public
- Founded year
- 1977
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Where Tanger is headquartered
LocationHeadquarters
- HQ city
- Greensboro
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Tanger business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Base Rental Income: Tanger generates the majority of its revenue from base rental income charged to retail tenants occupying space in its outlet and lifestyle centers. Rent is determined by square footage leased.
- Percentage Rent: Tenants pay percentage rent based on sales volume, providing upside participation when tenant sales exceed specified thresholds.
- Multi-Media Advertising: Tanger generates additional revenue from advertising across its portfolio, with over 390 million impressions annually across its centers.
- Other Tenant Income: Includes lease termination fees and other ancillary income from tenants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Retail space leasing - quote-based pricing |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Tanger product offering
Product offeringCore offering
Tanger Inc. is a publicly traded retail REIT that owns and operates 42 open-air shopping destinations across 22 U.S. states and Canada, comprising 38 outlet centers and 4 lifestyle centers totaling more than 16 million square feet. The company leases space to over 800 leading retail brands operating 3,000+ stores, generating revenue through base rental income, percentage rent based on tenant sales, multi-media advertising, and ancillary tenant income. Tanger also provides complementary leasing, advertising, and acquisition/development services.
Product overview
Tanger Inc. operates as a retail REIT (Real Estate Investment Trust) offering a portfolio of outlet shopping centers and lifestyle centers across the United States and Canada. The company's product portfolio consists of Tanger Outlets (38+ outlet centers featuring brand-name retailers at discounted prices) and Lifestyle Centers (open-air, full-price retail destinations). Tanger also provides complementary services including Retail Leasing, Restaurant & Entertainment Leasing, Short-Term Leasing, Multi-Media Advertising, and Acquisition & Development services. The company serves both retail tenants seeking prime locations and consumers seeking value-driven shopping experiences. Tanger also operates TangerClub, a customer loyalty rewards program.
Differentiator
Problem solved
Functional benefit
Products and services
- Tanger Outlets Outlet shopping centers offering brand-name retailers at discounted prices. The portfolio spans 38+ outlet centers across the U.S. and Canada, totaling more than 16 million square feet of retail space.
- Tanger Lifestyle Centers Open-air, full-price retail destinations offering a curated retail mix, elevated dining and entertainment, and a strong sense of place in fast-growing suburban markets. Tanger operates 4 lifestyle centers including Pinecrest, Levis Commons Town Center, and Promenade at Chenal.
- Retail Leasing Services B2B partnership services helping retail brands select ideal locations to launch or scale their brands across multiple formats in Tanger's retail communities. Targets national and international retail brands seeking outlet distribution and high-traffic locations.
- Restaurant + Entertainment Leasing Leasing services that enhance the shopping experience with diverse dining and entertainment options at Tanger's retail centers, targeting restaurant and entertainment operators.
- Short-Term Leasing Flexible retail leasing solutions including pop-up shops, seasonal stores, and temporary leases to help brands grow their customer base. Targets seasonal vendors, food kiosks, and short-term retail tenants.
- Multi-Media Advertising Advertising solutions across Tanger's retail portfolio, enabling brands to reach shoppers visiting Tanger centers with 390M+ annual impressions generated through the platform.
- Acquisition + Development Services External growth services focused on expanding Tanger's portfolio with market-dominant open-air retail centers and adjacent sites where value can be added through Tanger's operating platform. Used to execute strategic acquisitions like Legends Outlets Kansas City, Levis Commons, Pinecrest, and Promenade at Chenal.
Quantifiable outcome
- Q1 2026 Core FFO increased 11% year-over-year to $0.59 per share
- +5 more outcomes
Companies that use Tanger
Customer profileNamed customers8 records
Segments2 records
Ideal customer profiles3 records
Tanger technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Tanger partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Legends Outlets Kansas CitycoreTanger acquired Legends Outlets in Kansas City, Kansas, which anchors Village West - Kansas' top tourist attraction. This acquisition added a major retail destination to Tanger's portfolio as part of its external growth strategy.
- Levis Commons Town CentercoreTanger acquired The Town Center at Levis Commons in Perrysburg, Ohio for approximately $60 million. The 300,000-square-foot open-air lifestyle center is 97% occupied with tenants including Anthropologie, Sephora, Lululemon, and Cinemark.
- PinecrestcoreMixed-use lifestyle center acquired by Tanger in Cleveland, Ohio market featuring top brands, elevated dining and entertainment, boutique hotel, modern apartments, and Class A office space. Anchored by Whole Foods Market.
- The Promenade at ChenalcoreLifestyle center acquired by Tanger in Little Rock, Arkansas. Central Arkansas' dominant retail hub offering elevated mix of retail, dining, and entertainment in the affluent Chenal Valley community.
- Deloitte & Touche LLPminorTanger's independent auditor ratified by shareholders for fiscal year 2026 at the 2026 Annual Meeting of Shareholders.
- GRESBminorTanger participates in GRESB assessments for sustainability benchmarking and industry best practice assimilation, achieving a 3-Star Rating in 2025.
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Tanger competitors and assessment
Company assessmentDirect peers
- Simon Property Group: The largest publicly traded retail REIT in the U.S. and Tanger's most direct competitor in the outlet channel through Simon Premium Outlets. Both own and operate outlet and lifestyle centers, lease to similar national retail brands, and target tourist destinations and top MSAs.
- Phillips Edison & Company: Public retail REIT focused on grocery-anchored open-air shopping centers. Less directly comparable in outlet/lifestyle mix but competes for retail tenant relationships and open-air shopping center capital.
- CBL & Associates: Retail REIT that emerged from Chapter 11 with a focus on open-air and outlet-style shopping centers. Overlaps with Tanger in outlet-channel leasing and tenant base despite more distressed history.
- Regency Centers: Public retail REIT operating grocery-anchored open-air shopping centers across high-income U.S. trade areas. Comparable to Tanger through its open-air retail center ownership, leasing to national brands, and focus on necessity-based retail.
- Macerich: Public retail REIT that owns and operates high-quality retail real estate including open-air lifestyle centers and malls. Comparable to Tanger through its mixed portfolio of outlet-adjacent, lifestyle, and premium retail destinations across top U.S. MSAs.
- Federal Realty Investment Trust: Public retail REIT focused on open-air, mixed-use shopping centers and street retail in affluent U.S. markets. Comparable to Tanger's lifestyle center strategy (e.g., Pinecrest, Levis Commons) with similar high-end retail tenant mix.
- Brixmor Property Group: Public retail REIT owning an open-air shopping center portfolio of 370+ properties across the U.S. Overlaps with Tanger in leasing to national retail brands, open-air format, and focus on grocery-anchored and lifestyle centers.
- Kite Realty Group: Public retail REIT owning open-air shopping centers in select markets. Comparable to Tanger through its open-air shopping center model, similar tenant mix, and focus on grocery-anchored lifestyle centers.
Emerging players
- Whitestone REIT: Smaller public retail REIT operating open-air, lifestyle-oriented shopping centers in high-growth markets. Comparable model to Tanger's lifestyle center strategy but at a meaningfully smaller scale.
Broad incumbents
- Brookfield Property Partners: Large global real estate investor with significant U.S. retail property exposure. Broader and more diversified than Tanger, but operates comparable retail real estate formats including outlet and open-air centers.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Tanger social profiles
Digital presenceTanger compliance and trust
Trust signalCompliance6 records
Tanger financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tanger leadership team
Management profileNumber of profiles
Profiles6 records
Tanger funding detail
Funding detailFunding overview
Funding rounds1 record
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tanger M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tanger
What does Tanger do?
Tanger Inc. is a publicly traded retail REIT that owns and operates 42 open-air shopping destinations across 22 U.S. states and Canada, comprising 38 outlet centers and 4 lifestyle centers totaling more than 16 million square feet. The company leases space to over 800 leading retail brands operating 3,000+ stores, generating revenue through base rental income, percentage rent based on tenant sales, multi-media advertising, and ancillary tenant income. Tanger also provides complementary leasing, advertising, and acquisition/development services.
Is Tanger a public or private company?
Tanger is a public company. It is classified as public and is currently operating.
When was Tanger founded?
Tanger was founded in 1977. It employs 251 to 500 people.
Where is Tanger based?
Tanger is headquartered in Greensboro, United States, in the North America region.
How does Tanger make money?
Four revenue lines are on record. Base Rental Income is the primary driver. The others are percentage Rent, multi-Media Advertising and other Tenant Income.
Who are Tanger's main competitors?
Direct peers on record are Simon Property Group, Phillips Edison & Company, CBL & Associates, Regency Centers, Macerich, Federal Realty Investment Trust, Brixmor Property Group and Kite Realty Group. Whitestone REIT is listed as an emerging player. Brookfield Property Partners is listed as a broad incumbent.
Does Tanger have an API?
No public API is recorded for Tanger.