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Lloyd Center to acquire department store space
Portland, Ore. — Cypress Equities, the management company for Lloyd Center in Portland, Ore., has announced that the Center’s owners intend to purchase the 130,000-sq.-ft. building currently owned and occupied by Nordstrom. The acquisition is part of the center’s recently announced renovation plans.
Plans call for the building to change hands in January of 2015. Nordstrom has notified its employees that the store will close.