Quarterly report pursuant to Section 13 or 15(d)

Disposition of Properties

Disposition of Properties
6 Months Ended
Jun. 30, 2019
Disposition of Properties [Abstract]  
Disposition of Properties [Text Block] Disposition of Properties

During the six months ended June 30, 2019, the Company closed on the sale of four non-core outlet centers for total gross proceeds of $130.5 million.

The following table sets forth certain summarized information regarding the properties sold during the six months ended June 30, 2019:
Date Sold
Square Feet
(in 000’s)
Net Sales Proceeds
(in 000’s)
Gain on Sale (in 000’s)
Nags Head, Ocean City, Park City, and Williamsburg
Nags Head, NC, Ocean City, MD, Park City, UT, and Williamsburg, IA
March 2019



The rental properties sold did not meet the criteria to be reported as discontinued operations.