kcjak wrote:LCDSI wrote:If the rumors are true about Nordstrom it's great for the plaza but bad for OakPark Mall. I'm not sure who they'd be able to lease that large space out to.
Yeah and they just lost Banana and something else (Bath and Body?). Plus the Dillard's men's store is a dump. Losing Nordstrom would be a huge loss. Maybe convert it into a cinema like they wanted to put in in the Target location.
But back to the Plaza topic - anyone know when Nordstrom's lease is up? And haven't we been waiting for years now for a restaurant announcement for part of the Hall's building?
Banana Republic, The Body Shop, & The Aveda Salon have all left this month. Losing Nordstom would be the biggest blow to the mall that they could possibly take. Nordstom was on a 20-year lease and 2018 is the 20th year of that lease. Calling the Men's Dillard's a dump is the understatement of the century.
When you start leasing out some of your largest spots to tenants that sell nothing but garage doors, you know you're at the start of a rapid decline.