Seattle-based Nordstrom Inc, announced plans to open a new Nordstrom Rack in Orange County. The approximately 34,000-square-foot store is scheduled to open during fall 2012 at Edinger Plaza in Huntington Beach, Calif.
Nordstrom Rack is the off-price retail division of Nordstrom, Inc., carrying on-trend merchandise from Nordstrom stores and Nordstrom's website at 50 to 60 percent off original Nordstrom prices.
Nordstrom Rack also offers a wide selection of apparel, accessories and shoes from many of the brands carried in Nordstrom stores. These items are purchased specially for Nordstrom Rack, with most at savings of 30 to 70 percent off.
Edinger Plaza is conveniently located off I-405 in Huntington Beach, Calif. The new Nordstrom Rack will join anchor tenants Dick's Sporting Goods, Michaels and PetSmart. The center is owned and managed by Watt Companies with Wilson Commercial Real Estate handling leasing.
"We are excited to have Nordstrom Rack as a tenant at Edinger Plaza," said Nadine Watt, president of Watt Companies. "Nordstrom Rack is a premier retailer who will be a great complement to our existing tenants."
When it opens, the Edinger Plaza store will be the fifth Nordstrom Rack in Orange County. Nordstrom also operates six full-line stores in the area. "We've been doing business in Orange County since 1978 and hope our new store at Edinger Plaza will help us better serve the many customers we are fortunate to have in the area," said Geevy Thomas, president of Nordstrom Rack.
With over two million square feet of core retail space in 39 shopping centers located largely in Southern California, Watt Commercial is a leader in developing, redeveloping and managing neighborhood and community shopping centers in urban markets.
Most of Watt's centers are grocery and drug store-anchored and include a strong mix of independent, regional and national chain retailers.
Watt Commercial is a division of Watt Companies, a diversified real estate company that, over the past 60 years, has developed over eight million square feet of industrial and office space, and built more than 50 shopping centers, homes for over 100,000 families, three first class hotels and six major master-planned communities.
marketing@alchempro.com
