Nordstrom and Caruso Affiliated announced that they will relocate its existing Glendale Galleria store, in Glendale, Calif., and build a new store at Caruso Affiliated’s The Americana at Brand in downtown Glendale.
Private equity firm Golden Gate Capital Corp. agreed to sell a majority stake in J. Jill to Arcapita Bank BSC, a Bahrain-based investment bank, less than two years after buying the company. Terms of the agreement were not disclosed.
Simon Property Group announced Wednesday that Las Vegas Outlet Center will open a major expansion on March 17, adding 13 new stores and approximately 70,000 sq. ft. of GLA, and bringing the center to more than 140 stores for a total of 535,000 sq. ft.