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Tanger Factory Outlet Centers, Inc. - 1993 Specimen Stock Certificate

Inv# SE3919   Specimen Stock
State(s): Massachusetts
New York
North Carolina
Years: 1993

Specimen Stock printed by Security-Columbian United States Banknote Corporation.

Tanger Inc. is a real estate investment trust headquartered in Greensboro, North Carolina, that invests in shopping centers containing upscale outlet stores in the United States and Canada. As of November 2023, the company owns and manages 38 shopping centers comprising 14.0 million square feet and more than 3,000 stores. The company's largest tenants are Gap, Ascena Retail Group, Nike, Inc., PVH, H&M, Ralph Lauren Corporation, and VF Corporation. Notable properties owned by the company include Tanger Outlets The Walk, Tanger Outlets Southaven (Memphis), Tanger Outlets Pittsburgh, Tanger Outlets Foxwoods, Tanger Outlets Ottawa and Tanger Outlets Columbus.

In 1981, Stanley Tanger opened the Burlington Manufacturer's Outlet Center in Burlington, North Carolina. In May 1993, the company was incorporated as a real estate investment trust and became a public company via an initial public offering. In January 2009, Steven B. Tanger, the son of the founder and the namesake of the Steven Tanger Center for the Performing Arts, became president and CEO of the company. That same year, in September, founder Stanley K. Tanger resigned from the position of chairman. In October 2010, the founder died at age 87. In January 2011, the company announced a 50/50 joint venture with RioCan Real Estate Investment Trust to develop outlet malls in Canada. In June 2011, the company formed a joint venture with Simon Property Group to develop a shopping center south of Houston, Texas. In October 2015, the company sold 5 shopping centers for $150.7 million. In April 2019, the company sold 4 shopping centers to Singerman Real Estate and The Outlet Resource Group for $130.5 million. In October 2023, the company opened its newest center in Nashville, Tennessee. In November 2023, Tanger announced its purchase of Asheville Outlets in Asheville, North Carolina.

Condition: Excellent

Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.

Item ordered may not be exact piece shown. All original and authentic.
Price: $85.00
Less 30% discount is $59.50