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Nordstrom Rack Sets Opening Date at The Terrace at Hamilton Place in Chattanooga, Tennessee
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Rhea-AI Summary
CBL Properties (NYSE: CBL) announces the grand opening of Nordstrom Rack on May 18 at The Terrace, Chattanooga, TN. This 24,000 square-foot store marks Nordstrom Rack's third location in Tennessee and fourth overall for Nordstrom in the state. CBL's CEO, Stephen Lebovitz, emphasized that the new store enhances the tenant mix at Hamilton Place and is expected to attract more visitors due to Nordstrom Rack's quality brands and pricing. The grand opening festivities will begin at 8 a.m. ET, including a DJ and gift card giveaways.
Positive
Nordstrom Rack's opening at Hamilton Place enhances the tenant mix.
Expect increased foot traffic due to quality brands and competitive pricing.
Negative
None.
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
CBL Properties (NYSE:CBL) and Nordstrom Inc. today announced that Nordstrom Rack will celebrate its grand opening on Thursday, May 18, at The Terrace, an open-air center in Chattanooga, TN. The 24,000 square-foot store will be Nordstrom Rack’s third location in the state and the fourth Nordstrom concept in Tennessee.
“We are thrilled to celebrate the opening of Nordstrom Rack at The Terrace at Hamilton Place,” said Stephen Lebovitz, chief executive officer, CBL Properties. “Nordstrom Rack is a perfect complement to the existing tenant mix at Hamilton Place and the surrounding campus. Nordstrom Rack’s quality brands and attractive pricing will further extend Hamilton Place’s trade area and add another significant draw to the property.”
Grand opening activities on May 18 will kick-off at 8 a.m. ET and include a DJ, gift card giveaway, and other activities until the doors open for shopping at 9 a.m. The celebration will continue throughout the weekend from noon until 4 p.m. on both Friday and Saturday.
Nordstrom Rack is located at 2100 Hamilton Place Boulevard next to Ulta Beauty, Academy Sports + Outdoors, DSW, and Old Navy.
About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s owned and managed portfolio is comprised of 94 properties totaling 58.5 million square feet across 22 states, including 56 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.
