Nordstrom RACK STORE coming to Houston

Nordstrom Inc. is planning to open its first Nordstrom Rack in Houston next year.
“We’ve wanted to bring our Houston customers a Nordstrom Rack for some time and we’re thrilled about this opportunity,” Scott Meden, president of Nordstrom Rack, said in a statement.
The store will be located in The Centre at Post Oak near Post Oak and Westheimer.
Nordstrom Rack is Nordstrom’s off-price retail division offering savings of 30 percent to 70 percent on apparel and accessories for women, men and children. Nordstrom Rack merchandise is made up of products from Seattle-based Nordstrom’s (NYSE: JWN) full-line stores and the company’s online store at Nordstrom.com, as well as special purchase items.
The Centre at Post Oak, owned by Houston-based Weingarten Realty Investors, is located directly across the street from the Houston Galleria and includes tenants such as Marshall’s, Barnes & Noble, Old Navy, Grand Lux Cafe and Morton’s Steakhouse.
Vonn Tran of Weingarten represented The Centre at Post Oak in the lease, and Jan Odom served as associate counsel for Weingarten on the deal.
The newest Nordstrom Rack will be the retailer’s sixth in Texas.
About Nordstrom, Inc.
Nordstrom's got fashion sense. Founded in 1901 and based in Seattle, WA, Nordstom, Inc. (NYSE: JWN) is one of the largest upscale retailers in the US, carrying apparel, shoes and accessories for women, men and children. The company generates revenue of $7.7 billion and employs 53,000 people. In addition to its traditional full-line stores, the company operates outlet store, Nordstrom Rack, a freestanding shore store, a clearance store, an e-commerce site and catalogs. Fanonnable boutiques design high-quality men's and women's apparel and accessories. The Product Group coordinates the design and production of private label merchandise and the Credit division operates the company's private-label and co-branded Visa credit cards. In August 2005 the company purchased a majority interest in Jeffrey, the operator of luxury specialty stores, Jeffrey New York and Jeffrey Atlanta.
Houston Business Journal - by Greg Barr Senior Reporter
For more information on Houston office space, Houston retail space or Houston warehouse space and Houston industrial space, please call 713 782-0260 or see my web site at : www.houstonrealtyadvisors.com