REAL ESTATE

Visa opens commerce innovation center

BY Dan Berthiaume

San Francisco – Visa Inc. is opening One Market, a 112,000-sq.-ft. innovation center and office space at One Market Street in San Francisco. The move provides Visa technologists, clients, partners and the Bay Area tech community an innovative space to jointly develop the next generation of commerce applications.

Visa’s new One Market office and innovation center will be home to more than 500 Visa employees, including technology experts and developers who will work on making every Internet-connected device, appliance or wearable computer a secure place for commerce.

The centerpiece of One Market will be an innovation center designed to provide an immersive experience for clients and partners where they can interact with Visa subject-matter experts and explore new products and technologies that advance the payment experience in areas such as mobile, security and cloud-based technologies. The space has been designed to encourage dynamic interaction and real-time experimentation.

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REAL ESTATE

Nordstrom Rack to open in St. Louis Park, Minnesota

BY Dan Berthiaume

Seattle — Nordstrom announced today plans to open a Nordstrom Rack at The Shops at Knollwood in St. Louis Park, Minnesota. The approximately 33,000-sq.-ft. store is scheduled to open in spring 2015. The property is owned and managed by Rouse Properties Inc.

Recently rebranded The Shops at Knollwood, Rouse Properties launched an extensive redevelopment project in an effort to modernize and improve the shopping environment.

This will be the third Rack store in Minnesota with existing Rack stores in Bloomington at Mall of America and at Arbor Lakes in Maple Grove. The company also operates one full line store at Mall of America and will open a second Nordstrom at Ridgedale Shopping Center in fall 2015.

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News

Posiflex adds free projected capacitive touch to XT4015 POS terminal

BY Dan Berthiaume

Hayward, Calif. – Effective immediately, all new Posiflex XT4015 folding touch terminals will ship at no extra cost with projected capacitive screens, rather than resistive touch. This new projected capacitive touch screen change provides enhanced performance.

It features 10‐point multi-touch capability, a bezel‐free 100% flat surface for a clean sleek appearance, a scratch‐resistant surface, and works with surgical or cotton gloves for maximum input flexibility. The XT4015 with a 15-inch screen has a collapsible base configurable for maximum viewing flexibility and reduced shipping costs. Users can select one of three Intel processors: the Celeron G540 2.5 GHz, Core i3‐3220 3.3GHz or the Core i5‐3550 3.7 GHz running up to 16GB of RAM.

The new projected capacitive XT4015 is fully cross‐compatible with the XT4015 resistive model and offers a seamless, but enhanced transition for other software applications. Applications for the XT4015 with projected capacitive touch include point-of-sale, self‐service kiosks, ticketing machines, ATMs, pay‐at‐the‐pump gas machines, convenience stores and under‐counter and bar applications.

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