REAL ESTATE

Nordstrom to relocate Hawaii store

BY Dan Berthiaume

Seattle – Nordstrom, Inc. plans to relocate its full-line store to a new space within Ala Moana Center, Honolulu, Hawaii. The new three-level, approximately 186,000-sq.-ft. store is expected to open spring 2016.

Nordstrom will continue serving customers at its current 211,000-sq.-ft. full-line store at Ala Moana Center that it opened in March 2008 until it relocates. This relocation is part of Ala Moana Center’s redevelopment project which includes additional mall space, underground parking, two anchor stores and a residential condominium project. Nordstrom will be moving to the Ewa end of the center on Piikoi Street.

"We love being a part of Ala Moana Center and think this opportunity to bring a brand new store by relocating on the property is terrific for customers," said Erik Nordstrom, president of stores for Nordstrom. "We will be able to bring our newest design concepts that we hope will make for a great shopping experience for both locals and visitors."

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REAL ESTATE

WinCo enters Dallas-Fort Worth market

BY Dan Berthiaume

Boise, Idaho – WinCo Foods, LLC will open its first discount supermarkets in the state of Texas on Feb. 6, in the cities of Fort Worth and McKinney. The stores are each approximately 95,000 sq. ft. in size and include WinCo’s newest decor package creating an efficient, clean feel that highlights product and coordinates with the hundreds of WinCo Foods private label products the company has recently introduced.

The Fort Worth store will initially employ approximately 180 individuals, 170 of which have been hired locally and the McKinney store will open with approximately 170 employees, 160 hired locally.

Fort Worth store manager Casey Ray transfers to the store from Roy, Utah, and has been with the company for 13 years. McKinney store manager Hollie Keller transfers to the store from Kent, Wash. and is a 25 year veteran with WinCo Foods.

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PriceSmart to open two stores in Colombia

BY Dan Berthiaume

San Diego – On Jan. 30, 2014, PriceSmart, Inc. acquired approximately 147,000 usable sq. ft. of land in the city of Medellin, Colombia, and leased approximately 126,000 usable sq. ft. of land in the city of Bogota, Colombia, upon which the company plans to construct two new warehouse club stores. These two warehouse clubs are currently planned to open before the end of calendar year 2014.

With the three warehouse clubs currently operating in Colombia (one in Barranquilla and two in Cali) and with the planned opening in November 2014 of a warehouse club in Pereira, these two new clubs will bring the number of PriceSmart stores operating in Colombia to six.

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