Tanger Outlets at the Arches in Deer Park, New York Receives Gold Sustainability Award

GREENSBORO, N.C., Dec. 13, 2010 (GLOBE NEWSWIRE) -- Tanger Factory Outlet Centers, Inc.(NYSE:SKT) is pleased to announce that Tanger Outlets at the Arches in Deer Park, New York on Long Island, was the recipient of the International Council of Shopping Centers' (ICSC) Gold Sustainability Award. The award is part of ICSC's U.S. Design and Development Awards which recognizes cutting edge properties that exhibit innovative solutions and creative responses to market trends as well as outstanding examples of design and development.

Developed by Tanger Outlet Centers, Blumenfeld Development and Apollo Realty (together working as Deer Park Enterprises, LLC), Tanger Outlets at the Arches won its Gold Sustainability Award in the Innovation Design and Development of a New Project category which honors a specific new shopping center and demonstrates how new standards in design and construction were established.

In addition to the Gold Sustainability Award, Tanger Outlets at the Arches' developers, working with Adams + Associates Architecture (Mooresville, NC), Susan Blumenfeld (Design Consultant), Cameron Engineering & Associates LLP (Woodbury, NY), Aurora Construction (Ronkonkoma, NY), and the Town of Babylon, New York, were also honored with a Silver Innovative Design and Development Award by ICSC.

"Tanger Outlets at the Arches was created with the style, amenities and environmentally friendly, green design features that have captured the imagination of Long Island shoppers," commented Steven B. Tanger, President and Chief Executive Officer for Tanger Factory Outlet Centers, Inc. "Our more than nine million annual customers have made Tanger Outlets at the Arches one of New York's premier, upscale destinations for brand name and designer outlet shopping, dining and family entertainment."

David Blumenfeld, Partner, Blumenfeld Development, stated, "This award should be shared by many of the people who had the vision and commitment to create a nationally respected green retail destination center.

"While our firm has been `recycling' outdated industrial space for decades, turning them into Class A office space, this was an entirely new opportunity for us to demonstrate our sustained leadership in this arena. In addition, without the direct support and encouragement of local elected officials, and in particular, Babylon Town Supervisor Steve Bellone, it is unlikely any of us would have the opportunity to accept this coveted award."

Since opening in the fall of 2008, Tanger Outlets at the Arches in Deer Park has become one of Long Island's most popular shopping attractions. The 740,000 square foot retail/mixed use center is the first certified LEED (R) (Leadership in Energy Efficient Design) shopping center in the state of New York and is the largest development on Long Island in three decades.

Tanger Outlets at the Arches is modeled after old-world Italian architecture with stucco, red-tiled roofs, faux balconies, columns, cornerstones, and many signature arches. The pedestrian-friendly walkways connect piazzas to the central courtyard's grand fountain.

About Tanger Outlets at the Arches

Tanger Outlets at the Arches in Deer Park, New York is Long Island's newest lifestyle shopping, dining and entertainment attraction. Tanger shoppers can discover a collection of over 95 brand name and designer outlet stores offering current, upscale fashion trends including Neiman Marcus Last Call; Kate Spade, American Eagle Outfitters, Guess, Lucky Brand Jeans, Old Navy, Gap Outlet, Ann Taylor Factory Store, Michael Kors, Kenneth Cole, Bally, J. Crew, Juicy Couture, Nike Factory Store, Timberland, US Polo, Christmas Tree Shops, Tommy Hilfiger Company Stores, among others. The Regal Cinemas at Tanger feature a 16-screen Cineplex, one of the few state-of-the-art digital Cineplexes on Long Island where patrons can enjoy both an IMAX and 3-D theatre entertainment experience. Located at the corner of Commack Road and Grand Boulevard in Deer Park, Tanger Outlets at the Arches lies in the geographic heart of Long Island, and some thirty five miles from Manhattan.

About Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 33 upscale outlet shopping centers in 22 states coast to coast, totaling approximately 10.2 million square feet leased to over 2,100 stores operated by more than 375 different brand name companies. More than 160 million shoppers visit Tanger Outlet Centers annually. For more information on Tanger Outlet Centers, call 1-800-4 TANGER or visit the company's web site at www.tangeroutlet.com.

CONTACT:  Tanger Factory Outlet Centers, Inc.
          Mike Buescher, Director of Public Relations 
            336-834-6826 
          Mona J. Walsh, Assistant Vice President, 
           Corporate Communications 
            336-856-6021

Released December 13, 2010