SOLD
Tanger Inc Acquires 825K SF Retail Property For $193.5M In Huntsville, AL
365 The Bridge Street
Retail
825,000 SF
825,000 SF
Sold 157 days ago
Summary
Sale
ALABAMA
Retail
825,000 sqft
Tanger Inc. has acquired the Bridge Street Town Centre, an 825,000-square-foot retail property in Huntsville, Alabama, for $193.5 million. This marks Tanger Inc.'s first venture into open-air lifestyle centers. Located at 365 The Bridge Street, the property offers a prime location in the Huntsville market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $193,500,000
- Square Footage: 825,000
- Sale Price per Square Foot: $235
- Address: 365 The Bridge Street, Huntsville, AL
- Market: Huntsville, AL
Stephen Yalof, representing Tanger Inc., acted as the buyer in this transaction. The seller was Andrew Miller from Miller Capital Advisory and Marcie Frost from California Public Employees' Retirement System. The deal was successfully closed on November 30, 2023.
Details
SOLD
IMAGE: Stephen Yalof & Marcie Frost
DATE: 11/30/2023
ADDRESS: 365 The Bridge Street
MARKET: Huntsville, AL
ASSET TYPE: Retail
BUYER: Stephen Yalof - Tanger Inc
SELLER: Andrew Miller - Miller Capital Advisory & Marcie Frost - California Public Employees' Retirement System
SALE PRICE: $193,500,000
SF: 825,000 ~ PPSF: $235
NOTE: Tanger Inc. has acquired the Bridge Street Town Centre, an 825,000-square-foot retail property in Huntsville, Ala., for $193.5 million, marking the company's first venture into open-air lifestyle centers.View on map
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Address365 The Bridge Street
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