Nordstrom to move at Stoneridge Shopping Center, California

25 Aug '05

4 min read

The new Nordstrom store will be located adjacent to its current store and is part of the center's overall expansion plans. As part of the plans, the current Nordstrom space will be converted to 89,000 square feet of high-end specialty stores and a planned 75,000 square-foot cinema. New restaurants and an additional anchor store totaling 56,000 square feet are also planned for the center that is jointly owned by managing partner The Mills Corporation and General Motors Pension Trust.

Stoneridge Shopping Center in Pleasanton California, a 1.3 million square-foot super-regional retail destination, features over 165 specialty stores and services. 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.

The Mills Corporation, based in Arlington, Virginia, is 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 U.S., 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.

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