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Target to open smaller-format Express stores in Northern California
Minneapolis - Target Corp. plans to open two new smaller-format TargetExpress stores in San Francisco’s Financial District and Berkeley, California, in March 2015. Target’s first TargetExpress store opened this year in Minneapolis, and the San Francisco-area stores will mark the first time Target is expanding this format outside the Minneapolis area.
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DDR adds Nordstrom Rack to The Shops at Midtown Miami
Beachwood, Ohio -- DDR Corp. announced the addition of Nordstrom Rack to The Shops at Midtown Miami, a 98% leased, 645,000-sq.-ft. urban, value-oriented power center in Miami.
DDR created space for Nordstrom Rack through its Project Accelerate initiative announced in May of 2014, whereby DDR is recapturing below-market leases from underperforming anchor tenants and backfilling these locations with best-in-class retailers.