Horizon acquired the properties because they were well located with core tenants. "They are all solid properties in their own rights and we think that we can add a lot of value to each of them," says Gary Skoien, chairman, president and chief executive officer of Horizon. All of the centers were constructed during the 1990s, Skoien says. The centers, formerly all named Prime Outlet, have been renamed. Prime Retail now has 23 Prime Outlet centers in the US, including the pictured Prime Outlets International in the Orlando area.

The Outlet Shoppes at Burlington, at 448 Fashion Way, has 174,055 sf and is currently 88% leased. Major tenants include Coach, Liz Claiborne, Gap Outlet, Nine West, Lane Bryant, Eddie Bauer, Harry and David, Vans Shoes, Carter's Childrenswear, Tommy Hilfiger, Jones New York and Reebok. The center in Burlington will be redeveloped, as Horizon plans to enlarge the center by 60,000 sf to 100,000 sf, Skoien says. "Burlington needs some more critical mass," he says.

The Outlet Shoppes at Oshkosh, at 3001 S. Washburn, is a 270,607 sf center that is currently 90% leased, Skoien says. Major tenants include Gap Outlet, Old Navy Outlet, PacSun, Oshkosh B'Gosh, Stride Rite, Lands' End, Liz Claiborne, Polo Ralph Lauren, Tommy Hilfiger, VF Outlet, Zales the Diamond Outlet and Aeropostale. "Oshkosh is doing very well but we think we can improve the marketing to make it do better," he says.