Outlets Nags Head acquired by The Keith Corporation
Published 12:15 pm Wednesday, February 5, 2025
- Outlets Nags Head. Courtesy The Keith Corporation
Getting your Trinity Audio player ready...
|
The Keith Corporation (TKC), a privately held real estate, development and investment firm, has announced its acquisition of the Outlets Nags Head shopping center from Singerman Real Estate. “This strategic acquisition adds another retail center to The Keith Corporation’s existing portfolio, reinforcing its commitment to creating value through diverse, high-quality real estate ventures,” noted the announcement.
“Outlets Nags Head is a premier shopping destination offering visitors a blend of top retail brands, stunning waterfront views, and a unique shopping experience. The outlet center is 82,161 square feet featuring a mixture of national brands like Aerie, Eddie Bauer, Michael Kors, Talbots, and Vera Bradley with a collection of local retailers like Salt Coast Outfitters, Outer Banks Olive Oil and Bros Sandwiches,” stated the announcement. “The 34+ year operating history and exceptional location make it an ideal addition to TKC’s growing portfolio.”
“We are thrilled to add Outlets Nags Head to The Keith Corporation’s portfolio,” said Greg Keith, chairman and CEO of The Keith Corporation. “This represents an exciting opportunity for us as we continue to expand our well-located retail assets that complement TKC’s extensive portfolio. The center’s appeal to both residents and tourists, coupled with its strong performance history, aligns with our vision to invest in properties that deliver long-term value. We look forward to working with the local community to ensure its ongoing success.”
TKC has retained Ignite Retail Partners to continue to oversee leasing and marketing efforts for the newly acquired shopping center. This partnership will drive the center’s growth and strengthen the commitment to the Outer Banks area, stated the announcement.
SUBSCRIBE TO THE COASTLAND TIMES TODAY!