- Associated Press - Tuesday, September 9, 2014

WYOMISSING, Pa. (AP) - A southeastern Pennsylvania shopping complex widely considered to be the nation’s first outlet center is being sold.

The Reading Eagle (https://bit.ly/WFmuIN ) reports that VF Outlet is selling its 51-acre property in Wyomissing.

The company says it’s entered into an agreement of sale with Atapco Properties, a Baltimore-based commercial real estate development company.

VF Outlet Vice President Rick Ott says Atapco will spend the next few months assessing investigating options for the property that could include a mix of retail, housing, offices or other uses.

Ott says the proliferation of outlet shopping has made the Wyomissing site less of a regional draw than it once.


Information from: Reading Eagle, https://www.readingeagle.com/

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