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Monday, Oct 2, 2023

Nordstrom Rack Set to Open First Store Downtown

It took nearly a year, but the FIGat7th mall in downtown has finally secured a tenant to fill the gaping hole left by Sports Chalet Inc. when it filed for bankruptcy last April.

Nordstrom Inc. will take 27,000 square feet for Nordstrom Rack. Its opening slated for this fall will mark Nordstrom’s first outpost in the downtown area, the company said in a statement Wednesday.

Karen McKibbin, Nordstrom Rack’s president, said that the discount clothing retailer had long sought space in the area.

“We feel this new location will provide better convenience for our customers who live and work downtown,” she said in a statement.

FIGat7th, owned by Brookfield Property Partners, also has storefronts leased to Target, H&M, and Zara.

Real estate reporter Daina Beth Solomon can be reached at dsolomon@labusinessjournal.com. Follow her on Twitter @dainabethcita for the latest in L.A. real estate news.

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