Tanger Inc.
The Promenade at Chenal’s Journey From Foreclosure to a $73M Deal with Tanger
The Little Rock retail landmark has weathered financial turbulence, a near-exit by Apple that could have derailed the entire project, and an ownership shakeup that saw a foreclosure in 2019. read more >
by George Waldon -
The Promenade at Chenal: A Transactional History
Tanger Inc. bought the core of the Promenade at Chenal for $73 million, acquiring 20.84 acres, eight buildings, and key retail spaces in a deal with a PIMCO affiliate. read more >
by George Waldon -
Tanger Buys The Promenade at Chenal in $73M Cash Deal
Publicly traded Tanger said it expects the upscale, open-air shopping center in west Little Rock to deliver an 8% return during its first year of ownership. read more >