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CHAIN STORE AGE: The Outlet Resource Group fills 98,000 sq. ft. of space in the first half of 2022
July 8, 2022Published in Chain Store Age
By Al Urbanski, July 8, 2022
David Hinkle maintains that the outlet center was the original DTC retail model, in that it was the first retail sector that had top consumer product brands managing stores with inventories composed entirely of their own product lines.
Retail executives fine-tuning their omnichannel operations may have aligned their thinking with that of Hinkle, principal of The Outlet Resource Group. TORG this week reported having filled 98,000 sq. ft. in the six outlet centers it operates for Singerman Real Estate during the first half of this year.
The 14,590 sq. ft of space it leased at Outlets Nags Head registered a 100% occupancy rate for that center in North Carolina’s Outer Banks. New brands on the tenant roster are Aerie, Champion, Sperry, and Bros., a popular local restaurant brand.
Read the full article as published in Chain Store Age.
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