SEATTLE, Sept. 19, 2016 /PRNewswire/ -- Seattle-based
Nordstrom, Inc. (NYSE: JWN) announced plans today to open a
Nordstrom Rack at Shoppes at Belmont in Lancaster
County, Pa. The 25,000-square-foot store is scheduled to
open in spring 2018. The project is being developed by Manbel Devco
I, Limited Partnership and leased and managed by R.J. Waters & Associates, Inc.
Shoppes at Belmont will be
conveniently located at the southeast corner of U.S. Route 30 and
Fruitville Pike. Nordstrom Rack will
join Whole Foods, Target, Dick's Sporting Goods, Michaels, and Ulta
Beauty.
"We're thrilled to be bringing Nordstrom
Rack to Central
Pennsylvania," said Geevy Thomas, president of Nordstrom Rack. "We hope this new store will
help us more conveniently serve customers who have been making the
drive to our stores in Philadelphia and New
York City to shop with us."
Today the company serves customers at four Racks and two
full-line Nordstrom stores in Pennsylvania.
"We are excited to welcome Nordstrom
Rack to Lancaster County
and to the Shoppes at Belmont,"
said Joe Waters, president of
R.J. Waters & Associates, Inc.
"Nordstrom Rack is a tenant we
identified early on in the development process, and we're happy to
see this come to fruition. We believe Nordstrom Rack will be a nice complement to the
Shoppes at Belmont."
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 334 stores
in 39 states, including 121 full-line stores in the United States, Canada and Puerto
Rico; 205 Nordstrom Rack stores; two Jeffrey boutiques; and
one clearance store. 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 five clubhouses.
Nordstrom, Inc.'s common stock is publicly traded on the NYSE under
the symbol JWN.
About Shoppes at Belmont
Ground broke for the 372,100 square foot Shoppes at Belmont in fall 2016 with a grand opening
projected for spring 2018. The Center is part of a mixed-use
development that will also include 87 single family and townhouse
units. Belmont will include
Nordstrom Rack, Whole Foods, Target,
Dick's Sporting Goods, Michaels, and Ulta Beauty. A prominent
portion of the development will feature a "Main Street" with
smaller stores, restaurants and café's overlooking a decorative
fountain and small park area. Numerous sidewalks and walking and
bicycle paths will be provided for the nearby residents and
customers.
About R.J. Waters &
Associates, Inc.
R.J. Waters & Associates, Inc.
(www.rjwaters.com), located in Southeast
Pennsylvania, is a leading Mid-Atlantic real estate services
firm offering customized landlord representation, property
management, leasing, brokerage, development, and construction
management solutions. R.J. Waters
& Associates, Inc. manages and leases 23 neighborhood and
community shopping centers throughout Pennsylvania, Delaware, and Virginia. Collectively, it manages over 2.6
million square feet of retail space, catering to the needs of over
350 tenants and more than $600
million annually in retail sales. Shoppes at Belmont will be R.J.
Waters & Associates' fourth retail project in
Lancaster County.
MEDIA CONTACTS:
Jessica Canfield
Nordstrom, Inc.
(206) 303-4250
Jessica.Canfield@nordstrom.com
Joseph Waters
R.J. Waters & Associates,
Inc.
610-388-6600
joewaters@rjwaters.com
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SOURCE Nordstrom, Inc.