Developers of outlet centers have steamrolled into 2014 with no sign of curtailing their enthusiasm for the sector. Yet the growing number of projects located near each other—sometimes separated by just a few miles—is raising questions about how much activity among outlet centers can hold up over the long term. Twelve new outlet centers opened last year, and seven more centers in Phase I, accounting for a total of 2.7 million sq. ft. of space, are on tap for this year, according ...

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