SEATTLE, Nov. 18, 2016 /PRNewswire/ -- Seattle-based Nordstrom, Inc. (NYSE: JWN)
announced today plans to open Nordstrom Rack at Vintage Oaks
Shopping Center in Novato,
California. The approximately 39,000-square-foot store is
scheduled to open in spring 2017. The shopping center is owned by
James Campbell Company, LLC of Hawai'i, and is leased and managed
by Crosspoint Realty Services, Inc., of San Francisco.
When the new store opens, it will be the eighteenth Rack in
Northern California and the first
in Marin County.
"We've served customers in Marin
County for over 30 years with our full line store at
Corte Madera, and we've long been
eager to find the right location to add a Nordstrom Rack," said Geevy Thomas, president of
Nordstrom Rack. "We're excited to
get our doors open at Vintage Oaks and bring great brands at great
Rack prices to our new and existing customers here."
Nordstrom Rack will take over the
building formerly occupied by The Sports Authority, and join
Costco, Target, Marshalls, Ross, DSW, Old Navy, Ann Taylor Loft,
Sephora and more. Vintage Oaks is conveniently located just off of
Highway 101 at the intersection of Rowland Boulevard and Vintage
Way.
"We are excited this day has finally arrived," said Kathleen Burgi-Sandell, Retail Vice President
for James Campbell Company. "Nordstrom
Rack has been in our sights for many years, and we are
fortunate to finally have an ideal location for them in the
shopping center."
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 to 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. The Rack is designed to provide the ultimate treasure
hunt to style-savvy customers.
About Nordstrom
Nordstrom, Inc. is a leading fashion specialty retailer based in
the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 348 stores
in 40 states, including 123 full-line stores in the United States, Canada and Puerto
Rico; 215 Nordstrom Rack stores; two Jeffrey boutiques; and
two clearance stores. Additionally, customers are served online
through Nordstrom.com, Nordstromrack.com and HauteLook. The company
also owns Trunk Club, a personalized clothing service serving
customers online at TrunkClub.com and its six clubhouses.
Nordstrom, Inc.'s common stock is publicly traded on the NYSE under
the symbol JWN.
About Vintage Oaks
Vintage Oaks is a 620,000 sf super-regional open-air center located
in Novato, Marin County, California; 30 miles north of
San Francisco. It is home to
over 50 stores, restaurants and services; a true one-stop shopping
destination. Rack's new neighbors include Costco, Target,
Marshalls, DSW, Sephora, Petco, and In 'n Out Burger.
www.shopvintageoaks.com
About James Campbell Company, LLC
James Campbell Company LLC is a private, Hawai'i-based, nationally
diversified real estate company with assets in Washington, D.C., and 15 states across the
U.S. The portfolio is valued at $3.0
billion and totals 19.9 million square feet of
buildings, 9.9 million square feet of ground leases, and 3,052
acres of land. In 2007, James Campbell Company succeeded the
Estate of James Campbell, a
107-year-old private trust that was the legacy of one of Hawai'i's
foremost business pioneers. The Estate played a pivotal role in
Hawai'i's history, from the growth of sugar plantations to the
development of the City of Kapolei in western Oahu.
About Crosspoint Realty Services, Inc.
Crosspoint Realty Services, Inc., is a leasing-driven property
management company. Operating a portfolio of 6.0M square feet
of high-quality shopping center assets throughout California, the boutique company's clients are
a collection of institutional and private owners focused on
long-term retail development.
MEDIA CONTACT:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
jessica.canfield@nordstrom.com
Kathy DeOchoa
Crosspoint Realty Services, Inc.
(415) 897-9999
KDeOchoa@crosspointrealty.com
Logo - http://photos.prnewswire.com/prnh/20001011/NORDLOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/nordstrom-rack-to-open-in-novato-calif-300365923.html
SOURCE Nordstrom, Inc.