SEATTLE, Oct. 15, 2013 /PRNewswire/ -- Seattle-based
Nordstrom, Inc. (NYSE: JWN) announced today plans to open a
Nordstrom Rack at the Village at
Dublin in Dublin, Calif.
The approximately 35,000-square-foot store is scheduled to open in
fall 2015. The center is being developed by Regency Centers
Corporation (NYSE: REG).
The new Nordstrom Rack will be
located approximately three miles east of the full-line Nordstrom
store at Stoneridge Mall in Pleasanton,
Calif. On September 12, the
Rack opened its newest East Bay location in Pleasant Hill, Calif., at Sunvalley Shopping
Center. The company also operates Rack stores in nearby
San Leandro and Fremont.
"We've been thrilled with the customer response as we've
continued to grow the Rack throughout the East Bay," said Geevy
Thomas, president of Nordstrom Rack.
"We know our customers want great fashion at great prices. We are
going to work hard to exceed their expectations at our new location
in Dublin."
Nordstrom Rack joins a growing
list of retailers filling out the Village
at Dublin, including Whole Foods Market. The development is
conveniently located just north of Interstate 580 at the
intersection of Hacienda Drive and Dublin Boulevard.
"The presence of Nordstrom Rack
complements the exciting merchandising mix of Village at Dublin, which will offer a variety
of emerging restaurants and first-class retailers," said
Pete Knoedler, senior vice president
of investments at Regency Centers. "Anchored by Whole Foods Market,
the center meets the area's growing demand for specialty retailers
and grocers and is well situated to serve Dublin and the surrounding Tri-Valley area,
which has a very high daytime population."
Nordstrom Rack is the off-price
retail division of Nordstrom, Inc., offering customers a wide
selection of on-trend apparel, accessories, and shoes at an
everyday savings of 30-70 percent off regular prices. The Rack
carries merchandise from Nordstrom stores and Nordstrom.com, as
well as specially purchased items from many of the top brands sold
at Nordstrom.
About Village at
Dublin
Approximately 152,500 square feet,
Village at Dublin is a
neighborhood shopping center development located at the corner of
Dublin Boulevard and Hacienda Drive in Dublin, Calif., a suburb of San Francisco. Anchored by Whole Foods Market,
the center will introduce a mix of first-class retailers and
restaurants, serving an area that features a daytime population of
112,778 and average household income of more than $126,000. For more information about Village at Dublin and leasing, contact Leasing
Agent Ranfie Ancelovici at (925) 279-1870.
About Regency Centers Corporation
Regency Centers
Corporation is the preeminent national owner, operator and
developer of high-quality grocery-anchored and community shopping
centers. As of June 30, 2013, the
company owned 343 retail properties, including those held in
co-investment partnerships. Including retailer-owned square
footage, the portfolio encompassed 45.9 million square feet located
in top markets throughout the United
States. Since 2000, Regency has developed 211 shopping
centers, including those currently in process, representing an
investment at completion of more than $3
billion. Operating as a fully integrated real estate
company, Regency is a qualified real estate investment trust that
is self-administered and self-managed.
About Nordstrom
Nordstrom, Inc. is one of the
leading fashion specialty retailers based in the U.S. Founded in
1901 as a shoe store in Seattle, today Nordstrom operates 257
stores in 35 states, including 117 full-line stores,
137 Nordstrom Racks, two Jeffrey boutiques and one
clearance store. Nordstrom also serves customers
through Nordstrom.com and in the online private sale
marketplace, HauteLook. Nordstrom, Inc.'s common stock is
publicly traded on the NYSE under the symbol JWN.
(Photo:
http://photos.prnewswire.com/prnh/20130222/SF64843)
(Logo:
http://photos.prnewswire.com/prnh/20001011/NORDLOGO)
MEDIA CONTACTS:
Kate DeToye
Nordstrom, Inc.
(206) 303-4250
kate.detoye@nordstrom.com
Emily J. Ford
Regency Centers Corporation
(703) 442-4333
EmilyFord@RegencyCenters.com
SOURCE Nordstrom, Inc.