Real estate investment trust Tanger Factory Outlet Centers has expanded its senior management team by appointing Thomas E. McDonough to the newly created position of executive vice president of operations.

Steven B. Tanger, president and chief executive officer of Tanger Factory Outlet Centers, says: "We fully expect Mr. McDonough's demonstrated experience growing and building businesses in the real estate investment trust industry to add great value and perspective to our company and to our senior management team. Organisationally, the addition of Mr. McDonough will enable each member of the company's current senior management team to focus more closely on their respective growth initiatives."

McDonough brings close to 30 years of real estate investment trust management, leasing, acquisition, asset management, development and redevelopment experience to Tanger.

He is the former chief investment officer of Equity One, a Reit specialising in the acquisition, asset management, development and redevelopment of properties anchored by supermarkets, pharmacies and retail store chains in major metropolitan markets across the US. At Equity One, he completed over USD300m of joint ventures with affiliates of Calpers and DRA Advisors.

Prior to this, he was a partner of Kahl & Goveia Commercial Real Estate acquiring retail, office, medical and residential space, primarily in California.

He spent six years, from 2000-2006, with Regency Centers as its senior vice president and national director of acquisitions and dispositions in their Irvine, California office and three years with Regency's predecessor, Pacific Retail Trust, as senior vice president where he assembled a portfolio of neighbourhood shopping centres in the western US.

Tanger Factory Outlet Centers is a publicly-traded Reit headquartered in Greensboro, North Carolina that operates and owns, or has an ownership interest in, a portfolio of 32 outlet shopping centres in 22 states.