"With 165 stores currently, the expansion of the Cherry Hill Mall will bring approximately 120,000 square feet of new stores to what is South Jersey's premier fashion destination."
Nordstrom offers a large selection of quality fashion apparel, shoes and accessories for men, women and children.
There are currently four Full-Line Stores in New Jersey at Menlo Park, Freehold Raceway, Short Hills and Garden State Plaza.
An additional store at Quaker Bridge was recently announced with an opening planned for spring 2010. Nordstrom also has a store at King of Prussia.
Pennsylvania Real Estate Investment Trust, founded in 1960 and one of the first equity REITs in the U.S., has a primary investment focus on retail shopping malls and power centers (approximately 34.5 million square feet) located in the Mid-Atlantic region or in the eastern United States.
PREIT's portfolio currently consists of 52 properties in 13 states. PREIT's portfolio includes 39 shopping malls, 12 strip and power centers and one office property. PREIT is headquartered in Philadelphia, Pennsylvania.
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