Pei Wei Asian Diner to debut in Atlanta
Atlanta — SRS Real Estate Partners said that Scottsdale, Ariz.-based Pei Wei Asian Diner has selected SRS to find its debut location in the state of Georgia.
Pei Wei was launched in July 2000 as a growth vehicle for P.F. Chang’s China Bistro. Currently, Pei Wei operates more than 165 company-owned stores in 20 states.
Gap to open in Chile
San Francisco — Continuing its global expansion, Gap announced a franchise agreement to introduce its namesake Gap brand in South America. The first Gap store is expected to open in Santiago, Chile, in the Parque Arauco mall, in September 2011.
Gap has signed a franchise agreement with Komax, for exclusive rights to operate Gap brand stores in Chile. Komax will purchase merchandise from Gap and must adhere to the company’s quality standards.
With the announcement, Gap now has franchise agreements in place for a total of 25 countries on six continents.
Nordstrom Rack to open in Orange, Calif.
Seattle — Nordstrom plans to open a Nordstrom Rack in Orange, Calif. The 35,000-sq.-ft. store will be located at The Block at Orange and is expected to open in spring 2012.
"We are very excited to move forward with our new store at The Block at Orange," said Geevy Thomas, president of Nordstrom Rack "This is one of the area’s top shopping destinations and a terrific opportunity for us to better serve our loyal OC customers."
Nordstrom Rack will be a part of the new development on the eastern side of The Block at Orange, which offers nearly 100 name-brand outlet and value retail stores, restaurants and un entertainment venues.