Seattle-based Nordstrom has confirmed its plans to open its first Queens location at Onex Real Estate Partners’ The Shops at SkyView Center in Flushing.
The approximately 39,000-square-foot, two-level Nordstrom Rack is scheduled to open Fall 2014.
“We are excited about the opportunity to be a part of a dynamic retail center within a vibrant neighborhood Read More
Nordstrom is reportedly close to signing a lease for a Nordstrom Rack at the Shops at SkyView Center in Flushing, Queens, which would give the company its first presence in the borough.
The Wall Street Journal reported that the discount division of the Seattle-based company is in “late-stage negotiations” to open a store at Read More
Seattle-based luxury retailer Nordstrom has reportedly paid $102.5 million for the site of its future Midtown flagship store at 225 West 57th Street.
The seven floor store will anchor a massive 88-story, 1,550-foot residential condo tower that Extell Development is building at the site.
The retailer said its store will encompass 285,000 square feet when it Read More
A 41,000-square-foot Nordstrom Rack is slated to open at United American Land’s 505 Fulton Street in spring 2014.
“We want to be in the top locations across the country, so this spot at the heart of downtown Brooklyn is big for us,” said Geevy Thomas, president of Nordstrom Rack, in a prepared statement. “We are thrilled to become back of this exciting community at a historic location, and we intend to make the most of the opportunity to serve customers and give them a reason to shop the Rack.”
Retail Lease Beat
With the long-awaited Barclays Center open and new residential and mixed-use development projects popping up across Downtown Brooklyn, a retail conundrum is growing along the 17-block Fulton Mall.
The national and in some cases high-end retailers moving onto the strip paint a stark contrast to the long list of mom-and-pops, local discounters and jewelry shops that once almost exclusively lined the street.
Nordstrom Rack is reportedly in talks to snap up the 36,000 square foot Bryant Park retail space that is currently housing an NFL pop-up store.
The retail space at 1095 Avenue of the Americas, an office tower owned by the Blackstone Group, has been used as a pop-up store by Dylan’s Candy Bar and now the NFL, which is occupying the space in part to countdown its upcoming NFL Draft.
The popular Union Square eatery The Coffee Shop has renewed its retail lease at its long time home at 27 Union Square West and also office space it has upstairs in the building.
The deal totals about 20,000 square feet and stretches for ten-years, according to Eric Gural, an executive at the real estate services firm Newmark Knight Frank who oversees leasing at the property and whose family owns the nearly 50,000-square-foot box-shaped, boutique building.