REAL ESTATE

Nordstrom Rack on the move

BY Marianne Wilson

Nordstrom Rack, the off-price division of Nordstrom, continues its expansion, announcing two new upcoming locations.

The retailer plans to open a 28,000-sq.-ft. store at Fashion Outlets of Chicago in Rosemont, Ill., in fall 2016. The property is owned by Macerich.

Nordstrom Rack will be joining Bloomingdale's The Outlet Store, Last Call by Neiman Marcus, Saks Off 5th and Forever 21, along with more than 130 designer outlets at the center, which is located northwest of downtown Chicago and less than two miles from O'Hare International Airport. It will be the 11th Nordstrom Rack in the Chicagoland area.

In addition, Nordstrom Rack will open a 25,000-sq.-ft. store at Winter Park Square in Winter Park, Fla., in spring 2017. The property is owned by UP Development, LLC. The newly constructed center will be anchored by Nordstrom Rack and Whole Foods Market.

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