Nordstrom Rack To Open New Houston Store
Seattle-based Nordstrom, Inc. announced plans to serve more Houston-area customers with the addition of a Nordstrom Rack at Village Plaza at Bunker Hill in Houston, Texas. The 30,357-square-foot store is scheduled to open in spring 2014. Village Plaza at Bunker Hill is owned and managed by Fidelis Realty Partners through a joint venture with Weingarten Realty Investors.
"We've been steadily growing our presence in Houston and have sought out the best shopping centers across the area,"said Geevy Thomas, president of Nordstrom Rack. "We hope to conveniently serve more customers at our new Village Plaza at Bunker Hill Rack."
Located at Interstate 10 and Bunker Hill Road, the center offers customers a great mix of grocers, retailers, restaurants, and services. The center is home to over 50 tenants, including H-E-B, Academy Sports + Outdoors, Toys"R"Us and PetSmart.
"We are very excited about the addition of Nordstrom Rack to Village Plaza at Bunker Hill," said R. Carson Wilson IV, principal and vice president of Fidelis Realty Partners. "As busy and successful as Village Plaza has been these past five years, the addition of a premier, off-price fashion retailer to the merchant mix will create an even broader customer base, ensuring that Village Plaza remains one of the busiest and most significant shopping destinations in all of Houston."
The first Houston Rack store opened at The Centre at Post Oak in 2010, and the Bunker Hill Rack will be the third Rack in four years to open in the area. Nordstrom first came to Houston with a full-line store at The Galleria in 2003. The company will open its second Houston full-line store at The Woodlands Mall on September 5, 2014.
About Fidelis Realty Partners
Fidelis Realty Partners' business is commercial real estate investment, development and services related to its assets. The company was formed in 2003 and today has a portfolio of over five million square feet of income properties and approximately two million square feet of income properties under development or pre-development. Fidelis owns properties in five cities and two states, with the bulk of its holdings being retail centers in the metropolitan Houston market. For information, visit www.frpltd.com.
About Weingarten Realty Investors
Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At June 30, 2013, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 281 properties which are located in 21 states spanning the country from coast to coast. These properties represent approximately 51.5 million square feet of which our interests in these properties aggregated approximately 30.8 million square feet of leasable area. To learn more about the Company's operations and growth strategies, please visit. www.weingarten.com.
Nordstrom, Inc. is one of the leading fashion specialty retailers based in the U.S. Founded in 1901 as a shoe store inSeattle, today Nordstrom operates 261 stores in 35 states, including 117 full-line stores, 141 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom also serves customers through Nordstrom.com and in the online Private sale marketplace, HauteLook. Nordstrom, Inc.'scommon stock is publicly traded on theNYSEunder the symbol JWN.