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    Justin Stein

    Research Analyst at Tanger Inc.

    Justin Stein is the Executive Vice President of Leasing at Tanger, specializing in retail real estate strategy, tenant partnerships, and outlet leasing innovation. At Tanger, he has played a pivotal role in shaping leasing strategies, driving occupancy rates, and enhancing the company’s position through performance-focused initiatives across a portfolio of national and international retail clients. Stein joined Tanger after holding senior positions in commercial real estate and has established a reputation for cultivating strong tenant relationships and orchestrating successful expansion campaigns. He is recognized for his expertise in the sector and brings advanced knowledge of real estate leasing and asset management, supported by years of strategic leadership.

    Justin Stein's questions to TANGER (SKT) leadership

    Justin Stein's questions to TANGER (SKT) leadership • Q4 2024

    Question

    Juan Sanabria asked about the specifics of Tanger's Forever 21 exposure and backfilling strategy. Caitlin Burrows inquired about the process of converting percentage rent to fixed rent and the use of the temporary leasing program in different property types.

    Answer

    Justin Stein, an executive at Tanger, explained that the company is proactively managing its nine Forever 21 locations, which range from 6,000-12,000 sq. ft., and has deals pending. He confirmed the ongoing strategy to convert variable rent to fixed rent and stated that the temporary leasing program is a key tool to mitigate downtime and is used effectively across both outlet and full-price platforms.

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