Off-price retailer continues to expand

Nordstrom remains in expansion mode with its Nordstrom Rack division.



A 26,000-sq. ft. Nordstrom Rack is scheduled to open in spring 2017, at CityPlace, a 100-acre, master-planned development in Woodbury, Minn.



The property is owned and managed by Elion Partners, a Florida-based real estate investment firm.



This will be the fourth Rack store in Minnesota with existing locations in Bloomington at Mall of America, Arbor Lakes in Maple Grove and Shoppes at Knollwood in St. Louis Park.



"Nordstrom Rack is a great compliment to the other topline tenants that have come to CityPlace," said Juan DeAngulo, managing principal with Elion Partners."