The Tanger Outlets in Fort Myers has changed hands for $26 million in cash to Michigan-based Dahlmann Properties. The 198,877 square foot center is located on Summerlin Road and was 91 percent leased at the time of closing. Dahlmann has decided to rebrand the center the Sanibel Outlets. The company has selected The Outlet Resource Group to lease and market the center and assigned Avison Young to manage the property.
The acquisition adds to Dahlmann portfolio of area shopping centers and hotels. The company owns Periwinkle Place Shopping Center, Heart of the Island Shopping Center, The Sanibel Inn, Song of the Sea Oceanfront Resort, Seaside Oceanfront Resort, Sunset Beach Oceanfront Resort and the Dunes Golf and Tennis Club. “Dahlmann Properties will bring a fresh outlook and local ownership to the center,” said Ben Dahlmann, senior vice president of Dahlmann Properties, in a statement.
