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Factory Stores of America

Factory Stores of America, a self-administered real estate investment trust, is a leading factory outlet REIT in terms of numbers of centers and square footage. Headquartered in Smithfield, North Carolina, the Factory Stores' portfolio at June 30, 1995, included 35 outlet centers in operation totaling 4.3 million square feet of gross leasable area in 21 states, a 281,000 square foot center under development in Branson, Missouri; and planned expansions of 177,000 square feet. * On August 25, 1995, Factory Stores and Rothschild Realty, Inc. announced that definitive agreements have been signed to combine the factory outlet centers owned ...

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