SANTA MONICA, Calif.,
March 8, 2012 /PRNewswire/ --
Macerich (NYSE:MAC) announced today a high-profile
addition – the new Neiman Marcus Walnut Creek store – to Broadway
Plaza, its dominant shopping center in Northern California's affluent East Bay.
The new, nearly 86,000 square foot Neiman Marcus will grand open tomorrow,
March 9, at the outdoor Broadway
Plaza, an integral part of Walnut
Creek's downtown for more than 60 years.
"The new Neiman Marcus cements
the upscale appeal of this unique property – a fortress asset in
the heart of the highly desirable East Bay region of the
San Francisco Bay Area," said
Randy Brant, Executive Vice
President, Real Estate, Macerich. "Neiman Marcus joins a newly expanded Nordstrom
and other top names at Broadway Plaza, which offers a one-of-a-kind
downtown setting that continues to draw the world's best
retailers."
In addition to the new Neiman
Marcus and recently expanded Nordstrom, Broadway Plaza is
also anchored by Macy's, with two locations on site. Specialty
retailers and restaurants include Burberry, Crate & Barrel,
Coach, Juicy Couture, kate spade and Lacoste, as well as California
Pizza Kitchen and Boudin Bakery Cafe, comprising a retail line-up
of more than 75 stores.
The new Neiman Marcus store at
Broadway Plaza is the only new Neiman
Marcus store set to open in 2012.
"The new Neiman Marcus at
Broadway Plaza underscores the importance of this market as a
growth corridor for top brands," said Jeff
Green, President and CEO of Jeff Green Partners, a
retail real estate consulting firm. "This luxury department
store now gives local shoppers even more reason to stay on their
side of the Bay, where they can find what they want close to
home."
Macerich is a fully integrated self-managed and
self-administered real estate investment trust, which focuses on
the acquisition, leasing, management, development and redevelopment
of regional malls throughout the United
States. Macerich now owns approximately 66 million square
feet of gross leaseable area consisting primarily of interests in
65 regional centers. Additional information about Macerich
can be obtained from the Company's Web site at
www.macerich.com.
SOURCE Macerich