Tanger Inc. and Tanger Properties Limited Partnership jointly filed their combined unaudited quarterly report for the period ended June 30, 2026, submitted to the SEC on August 6, 2026.

Key Highlights

  • Shares outstanding: As of July 31, 2026, there were 114,878,989 common shares of Tanger Inc. outstanding at $0.01 par value.
  • Partnership units: As of June 30, 2026, the Company and its wholly owned subsidiaries owned 114,878,989 units of the Operating Partnership.
  • Non-Company LP units: Other limited partners collectively owned 4,662,904 Class A and 15,180 Class C common limited partnership units as of June 30, 2026.
  • REIT structure: Tanger Inc. is described as a fully-integrated, self-administered and self-managed real estate investment trust focused on outlet and other open-air retail centers.
  • Filer status: Tanger Inc. is classified as a large accelerated filer; Tanger Properties Limited Partnership is classified as a non-accelerated filer.
  • Combined filing: The report covers both Tanger Inc. and Tanger Properties Limited Partnership in a single combined quarterly report.

Tanger Inc. Q2 2026: Structure, Ownership, and Operating Partnership Relationship

According to the filing, Tanger Inc. (NYSE: SKT), a North Carolina corporation, is "one of the leading owners and operators of outlet and other open-air retail destinations in the United States and Canada." The company operates as a REIT and holds its assets and conducts operations through its controlling interest in Tanger Properties Limited Partnership, a North Carolina limited partnership. The Operating Partnership is the issuer of the company's registered debt securities, and a separate set of financial statements is presented for it within the combined report.

The filing discloses that Tanger Inc., including Tanger LP Trust, owns the majority of units of partnership interest in the Operating Partnership. As of June 30, 2026, the Company and its wholly owned subsidiaries held 114,878,989 Operating Partnership units, while Non-Company LPs held 4,662,904 Class A and 15,180 Class C common limited partnership units. According to the filing, each Class A and Class C unit held by Non-Company LPs "is exchangeable for one of the Company's common shares, subject to certain limitations to preserve the Company's status as a REIT." Class B common limited partnership units, held by Tanger LP Trust, are not exchangeable for common shares.

The filing notes that the Company itself "does not conduct business itself, other than issuing public equity from time to time and incurring expenses required to operate as a public company," with all operating expenses reimbursed by the Operating Partnership. The primary difference between the two entities' financial statements relates to noncontrolling interests, shareholders' equity, and partners' capital, along with immaterial differences in cash, other assets, and accrued liabilities arising from public company expenses paid by Tanger Inc.

What Was Disclosed

Tanger Inc. and Tanger Properties Limited Partnership filed a combined 10-Q for the quarter ended June 30, 2026, disclosing share counts, partnership unit ownership, REIT structure details, and the organizational relationship between the two reporting entities.