Tanger Factory Outlets Planning Development in Forth Worth

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced March 16 that it plans to build a new Tanger Outlet Center serving Fort Worth, Texas, and the surrounding metro areas.

The site will be located adjacent to the Texas Motor Speedway. The company estimates the project will create more than 400 full and part-time jobs during the construction phase and more than 900 full and part-time jobs once the new outlet center opens.

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REIT Governance Specialist Says Succession Planning Should Include All Senior Management

Jim Hanks, a senior partner at Venable LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

Hanks discussed the growing importance of succession planning.

“I see it as a major item on a continuing basis, as it should be,” he said.

Hanks highlighted a number of aspects to succession planning, including a focus on short-term and long-term planning. “Boards should be doing both,” he said.

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Real Estate Business Planning – Exclusive Interview With Steve Rodgers Part 1

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