The Town Center at Levis Commons Acquired by Tanger | Real Estate Services M&A Deal

Tanger has completed the acquisition of The Town Center at Levis Commons, a real estate services other business in Ohio, for $60 million. The Town Center at Levis Commons is a 300,000-square-foot open-air retail center in Levis Commons, supporting leasing and property operations for neighborhood and regional shoppers. Tanger acquisitions focus on expanding retail real estate services portfolios in OH through strategic acquisition of income-producing shopping destinations. The platform acquisition is categorized as a strategic acquisition and real estate services M&A, with Tanger acting as a strategic buyer. The deal is closed and valued in the $50M–$100M range, reflecting Tanger’s growth strategy in Ohio retail.