Tanger, Simon Partner Up On Texas Outlet Center

07/01/11 Retail rivals Tanger Factory Outlet Centers, Inc., (NYSE SKT) and Simon Property Group, Inc., (NYSE:SPG) announced a joint venture to develop and operate an outlet center mall on 55 acres south of Houston. The JV will develop, build, lease and manage, the property, branded as a Tanger Outlet Center, in Texas City on Highway 45. The center will be 30 miles from Houston and 20 miles north of the ...

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Simon Property Group CEO signs 8-year contract

07/08/11 David Simon will remain chief executive officer of Simon Property Group Inc. for another eight years. Simon, 49, who has been CEO of the Indianapolis-based real estate investment trust since 1995, will hold the position through July 5, 2019, according to Bloomberg News.

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Simon Property Group offers CEO $120M to stay 8 years

07/09/11 Is the promise of $120 million enough to keep you on the job for eight more years? That's what Simon Property Group has offered David Simon if he stays on as CEO for that long at a company that his father and uncle founded.

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