Fashion specialty retailer Nordstrom Inc has signed a letter of intent with Simon Property Group Inc, the country's largest owner, developer and manager of quality retail real estate, to open a new Nordstrom store at Ross Park Mall in Pittsburgh.
The brand new two-level, 144,000 square foot store will be built on the site where the Macy's store is currently located. This will be the first Nordstrom store in the Pittsburgh metro area and is scheduled to open in the fall of 2008.
Erik Nordstrom, President of stores for Nordstrom said, "We've been looking for the right opportunity to open a store in this community for nearly a decade. We're excited to get our doors open in Pittsburgh and start serving customers here."
"We're thrilled to welcome Nordstrom to Ross Park Mall," said Richard Sokolov, President and COO of Simon, "and believe that Nordstrom occupying the former Macy's space demonstrates our ability to attract quality retailers to quality retail locations. This also speaks to our growing relationship with Nordstrom. They currently have 21 stores in our regional mall portfolio and last month we announced that they would open new stores at three of our properties in New England over the next four years."
Additionally, Sokolov added, Nordstrom informed yesterday that they would relocate and build a new 144,000 square foot store at Simon's Tacoma Mall, where they have been operating successfully for over 40 years.
Ross Park Mall is already the leading address for fashion in Western Pennsylvania. In addition to four anchor stores, Ross Park features over 150 specialty stores, which include unique-to-the-market retailers and an unbeatable selection of the most current trends, styles and apparel selections.
According to Sokolov, those choices are only going to increase. "The addition of Nordstrom at Ross Park Mall," Sokolov continued, "will be accompanied by significant redevelopment which will provide exciting additional retail space for restaurants and specialty stores."
Nordstrom Inc is one of the nation's leading fashion specialty retailers, with 156 US stores located in 27 states.
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