Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Fashion / Neiman signs lease with Macerich for Walnut Creek store
Neiman signs lease with Macerich for Walnut Creek store
05
Aug '08
Macerich one of the nation's largest owners, operators and developers of regional shopping centers, announced it has finalized lease arrangements with Neiman Marcus for the luxury retailer's planned new store at Broadway Plaza, the charming, all-outdoor shopping center that has helped position downtown Walnut Creek as a retail leader in Northern California's East Bay area.

The new, long-term lease solidifies Neiman Marcus as a major new anchor at Broadway Plaza in a planned, 107,000-square-foot building at Mount Diablo Boulevard and Main Street in Walnut Creek.

"The completion of this lease certainly demonstrates Neiman Marcus' long-term vision for Walnut Creek," said Randy Brant, executive vice president, real estate, for Macerich.

The world-renowned retailer is slated to open in late 2010 or 2011, joining popular anchors Nordstrom, which recently announced an expansion of its store; Macy's; and a wide range of specialty shops and restaurants at Broadway Plaza.

"We believe the Neiman Marcus customer is already shopping in Walnut Creek and at Broadway Plaza," said Wayne Hussey, senior vice president, real estate, for Neiman Marcus.

"This market and the unique setting we've found in Broadway Plaza come together as a great match for Neiman Marcus, and we hope we'll add to what is a very vibrant retail district."

The new store at Broadway Plaza will be the fourth Neiman Marcus at Macerich properties, in addition to locations at NorthPark Center in Dallas; Ridgmar Mall in Fort Worth, Texas; and Scottsdale Fashion Square in Scottsdale, Ariz.

"This newest store in the Macerich portfolio continues to solidify our reputation for locating Neiman Marcus at strong and growing retail properties that appeal to our target customer," Hussey said.

The Neiman Marcus Group operations include the Specialty Retail Stores division and the Direct Marketing division. The Specialty Retail Stores division consists primarily of Neiman Marcus and Bergdorf Goodman stores.

These renowned retailers offer upscale assortments of apparel, accessories, jewelry, beauty and decorative home products to the affluent consumer.

Broadway Plaza is owned in partnership with Northwestern Mutual Life. The Northwestern Mutual Life Insurance Company, Milwaukee, WI, a FORTUNE 500 company with over $1 trillion of life insurance protection in force, has been helping its policyowners and clients achieve financial security for more than 150 years.

The company maintains the highest available ratings for insurance financial strength from all four major rating agencies: Standard & Poor's, Fitch Ratings, A. M. Best and Moody's.

Macerich


Must ReadView All

Courtesy: Asmara Group

Apparel/Garments | On 20th Sep 2018

Fragmented nature of Indian apparel sector major challenge

A major challenge for the Indian apparel sector is its fragmented...

Courtesy: Aditya Birla Retail

Apparel/Garments | On 20th Sep 2018

Indian Aditya Birla Retail to be acquired by Samara-Amazon

India’s Aditya Birla Group has signed a deal to sell Aditya Birla...

India's 2018-19 forward cotton export contract up by 100%

Textiles | On 20th Sep 2018

India's 2018-19 forward cotton export contract up by 100%

Rise in demand from China, lower domestic prices and depreciation of...

Interviews View All

Top executives, Textile industry, India

Top executives
Textile industry, India

The event should be organised every year

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Rahuul Jashnani, Jashn

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Tina Antoniades,

Tina Antoniades

India-headquartered Lulu & Sky is a rapidly escalating brand with the...

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search