Mills Corp to expand high-end shops & restaurants in Pleasanto
26 Aug '05
3 min read
The expansion of Stoneridge Shopping Center is expected to be completed in phases between Fall 2007 and Spring 2009.
Stoneridge Shopping Center in Pleasanton, California, a 1.3 million square-foot super-regional retail destination, features Nordstrom, Macy's Women's, Macy's Men's/Children/Home, JCPenney, Sears and more than 165 specialty stores and services, such as Pottery Barn, Ann Taylor, Banana Republic and American Eagle Outfitters. Jointly owned by general managing partner The Mills Corporation and General Motors Pension Trust, Stoneridge Shopping Center is strategically located at the intersection of I-680 and I-580, the region's primary north-south and east-west interstates. The mall is located 30 miles east of San Francisco in the East Bay suburb of Pleasanton, the heart of the Tri-Valley region.
Arlington based The Mills Corporation - a developer, owner and manager of a diversified global portfolio of retail destinations including regional shopping malls, market dominant retail and entertainment centers, and international retail and leisure centers. It currently owns 42 properties in the US, Canada and Europe, totaling 51 million square feet.
In addition, The Mills has various projects in development, redevelopment or under construction around the world. Its portfolio of real estate properties generated more than $8.7 billion in retail sales in 2004. The Mills is traded on the NewYork Stock Exchange under the ticker: MLS
Nation's leading fashion retailer Nordstrom Inc, with 152 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 95 full-line stores, 49 Nordstrom Racks, five Faconnable boutiques, one freestanding shoe store, and two clearance stores. Nordstrom also operates 32 international Faconnable boutiques, primarily in Europe.
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