SEATTLE, June 22, 2017 /PRNewswire/ -- Seattle-based Nordstrom, Inc. announced today
plans to open a Nordstrom Rack at Bayshore Town Center in
Glendale, Wisconsin. The
approximately 26,800-square-foot store is scheduled to open in fall
2018.
Bayshore Town Center is a 45-acre complex on the North Shore of
Milwaukee featuring an assortment
of retail, dining, entertainment, office space and residential
units. The new Nordstrom Rack
location will anchor the redeveloped north end of the project which
will also feature a new mall entry, expanded convenient parking and
other retail space. Nordstrom Rack
will join existing retailers such as H&M, Ulta Beauty, iPic
Cineplex, Trader Joe's and Kohl's.
"We look forward to opening a store at Bayshore Town Center – a
more convenient location for our customers in the North Shore
area," said Karen McKibbin,
president of Nordstrom Rack. "We're
excited to bring customers here the great brands at great prices
they've come to expect when we open our doors in 2018."
This will be the second Nordstrom
Rack store in the Milwaukee
area. The company also operates a full-line store at Mayfair
Mall.
"We are thrilled to once again be partnering with Nordstrom Rack at another one of our leading
multi-use shopping destinations," said Ken
Marshall, Head of Retail at Olshan Properties. "We are
very proud of our roster of tenants that includes the best brands
in fashion, technology, entertainment and dining who are thriving
at Bayshore Town Center, and are excited to welcome Nordstrom Rack into the mix to provide the
customers of Milwaukee with another desirable name brand
retailer to enjoy."
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. Nordstrom Rack merchandise, available at Rack
stores and at Nordstromrack.com, comes from Nordstrom stores,
Nordstrom.com as well as specially purchased items from many of the
top brands available 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 354 stores in 40 states, including 122 full-line stores in
the United States, Canada and Puerto
Rico; 221 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 seven clubhouses.
Nordstrom, Inc.'s common stock is publicly traded on the NYSE under
the symbol JWN.
About Bayshore Town Center
Bayshore Town Center,
owned and operated by Olshan Properties, is a mixed-use town center
located in Glendale,
Wisconsin. Originally constructed in 1954 and converted into
an enclosed mall in 1974, Olshan Properties fully redeveloped the
project into a vibrant mixed-use town center in 2006. The
45-acre, 1.3 million-square-foot complex features an eclectic mix
of retail, dining, entertainment, office and residential uses all
woven together by Bayshore Town Center's signature gathering spaces
where visitors and community members shop, dine, relax and have
fun. The center currently includes 255,000 square-feet of office
space, 113 residential apartments and nearly one
million-square-feet of retail and restaurant space. Bayshore Town
Center is a desirable address and an exciting, convenient place to
"live, work, and play" that draws millions of visitors annually.
For more information, visit www.bayshoretowncenter.com.
About Olshan Properties
Olshan Properties is a
privately owned real estate firm specialized in the development,
acquisition, leasing and management of commercial real estate for
more than 55 years. The close integration of investment and
operating capabilities has given Olshan Properties a reputation as
one of the leading private owner/operators of commercial real
estate in the country.
Olshan Properties currently owns and/or manages, individually or
with its affiliated companies, a diverse portfolio of commercial
properties including Retail, Hotel, Office, and Residential in
eleven states. For more information, click here.
MEDIA CONTACTS:
Brenna Sussman
Nordstrom,
Inc.
(206) 303-2316
Brenna.Sussman@nordstrom.com
Mary-Kate Morrow
Rubenstein
(212) 843-9326
mmorrow@rubenstein.com
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SOURCE Nordstrom, Inc.