Outlet Stores at the Jersey Shore Get New Owners

Tanger Factory Outlet Centers Inc. buys Walk in Atlantic City and other shore town outlets for $199 million

Tanger Factory Outlet Centers Inc. has spent $199.3 million to become the new owners of the Walk in Atlantic City and other outlet centers in Ocean City, New Jersey. The deal also includes future portions of the project slotted for areas just off the Atlantic City Expressway. [Biz Journals]