Off-pricer continues to expand

The Dallas area is getting its sixth Nordstrom Rack store.



Nordstrom said it will open a Nordstrom Rack at The Centre at Preston Ridge in Frisco, Texas. The approximately 33,000-sq.-ft. store is scheduled to open in fall 2017. The property is owned by Brixmor Property Group.



"Off-price retail is a rapidly growing segment that is highly desired by our consumers," said Brian Finnegan, executive VP of leasing for Brixmor Property Group. "Our redevelopment of Preston Ridge, driven by the addition of best-in-class retailers such as Nordstrom Rack, Saks Off 5th and J. Crew Mercantile, allows us to further strengthen the center's appeal and to better serve the Frisco community.”



Nordstrom operates 329 stores in 39 states, including 121 full-line stores in the United States, Canada and Puerto Rico and 200 Nordstrom Rack stores.