Nordstrom Rack is bolstering its portfolio with a new location.
Nordstrom continues to expand the footprint of its off-price division.
Norstrom Rack will open a 28,000-sq.-ft. store at Queen Creek Marketplace in Queen Creek, Ariz., in spring 2024. (Queen Creek Marketplace is owned and managed by Vestar.) With the opening of the new location, Nordstrom will operate ten Nordstrom Rack stores and one Nordstrom store in Arizona.
Nordstrom Rack is the largest source of new customers to Nordstrom. In addition to the Queen Creek store, Nordstrom Rack is scheduled to open stores in 2024 in the following locations.
•Presidential Markets, Snellville, Ga. The center is managed by First Washington Realty.
• Danada Square East, Wheaton, Ill. The center is managed by Mid-America Asset Management, Inc. on behalf of LaSalle Investment Management.
• South Beach Regional, Jacksonville Beach, Fla. The center is owned and managed by Regency Centers.
•The Ridge Elk Grove Shopping Center, Elk Grove, Calif. The center is owned by Pappas Investments and managed by its affiliate Inverness Management.
•Gilroy Crossing, Gilroy, Calif. The center is managed by Raider Hill Advisors and owned by Joule Associates, LLC, a partnership between Raider Hill Advisors, LLC and Farallon Capital Management.
•Pacific Coast Plaza, Oceanside, Calif. The center is owned and managed by Citivest Commercial Investments.
•Bridgepointe Shopping Center, San Mateo, Calif.
•Macedonia Gateway, Macedonia, Ohio. The center is owned and managed by Cipriani Investments.
•Danada Square East,Wheaton, Ill. The center is managed by Mid-America Asset Management, Inc. on behalf of LaSalle Investment Management.
In April, Nordstrom Rack unveiled a new logo, inspired by the Rack logo used in the 1970s and 1980s, but modernized for today. The updated logo is part of Nordstrom Rack’s reimagined brand identity, which aims to further differentiate Nordstrom Rack in a competitive off-price retail market, attract new customers and better connect with existing customers.
"We look forward to opening this new Nordstrom Rack location in Queen Creek, strengthening our network of stores and introducing new customers to Nordstrom Rack's unique product offering," said Carl Jenkins, senior VP of Nordstrom Rack Stores."In addition to shopping great brands at great prices, our customers in Queen Creek can take full advantage of this convenient new location to pick-up online orders and make returns."
"We are thrilled to welcome Nordstrom Rack to Queen Creek Marketplace,” said Angela Manca, property manager at Queen Creek Marketplace. “They are the perfect addition to our well blended tenant mix and expect they will be well received by our growing community. Queen Creek Marketplace is positioned well in terms of overall traffic and activity and continues to expand and grow, seeing 7.6 million visits to the center annually.”
Nordstrom has more than 350 Nordstrom, Nordstrom Local and Nordstrom Rack locations.