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Legends Outlets in Kansas City, Kansas Sold to New Owner

Tanger Inc. expands into Kansas with acquisition of Legends Outlets, a 690,000-square-foot center 93% occupied and expected to yield an 8% return in its first year.

KANSAS CITY, Mo. -- The Legends Outlets in Kansas City, Kansas has been sold. The company Tanger announced on Tuesday it is buying the outdoor shopping center for about $130 million, using available liquidity and the assumption of a $115 million CMBS loan that matures in November 2027. 1587 Prime set to open for business on Wednesday Tanger said it will rename the shopping center Tanger Kansas City at Legends. "We look forward to enhancing…

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Business Wire broke the news in Crystal River, United States on Tuesday, September 16, 2025.
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