J. Crew Factory Opening Nov. 26 at Westgate Center

New Outlet Offers Affordable Style in Time for Holiday Shopping

San Jose, CA – The newest addition to San Jose’s neighborhood shopping center is scheduled to open just in time for Black Friday, enticing customers with familiar J. Crew fashions and accessories. J. Crew Factory is scheduled to open on Wednesday, November 26 at Westgate Center. The popular brand will give holiday shoppers a fashion outlet where they can browse and buy during this holiday gift-giving season.

Westgate Center continues to bring outlet stores — traditionally located in outlying areas — closer to home with locations in the revamped shopping mall. The center is also home to an array of upscale outlet shopping brands including Nordstrom Rack, Burlington Coat Factory and Nike Factory Store.

“This is a new direction for Westgate Center,” said Jeff Kreshek, Federal Realty Investment Trust’s vice president for West Coast leasing. “Our customer is looking for quality, variety and diversity; a product mix that outlet shops combined with full price brands can deliver.” Following an extensive renovation and the addition of new shops, restaurants and a children’s soft play area; the center offers a convenient and dynamic shopping experience for the community.

Crew Factory’s approximately 5,750 square-foot store faces Saratoga Avenue and features the style and quality customers have come to love from J. Crew, but at more affordable prices. Each of their women’s, men’s, kids’ and accessories collections are based on the brand favorites and designed exclusively for J. Crew Factory.

Opening Day Details: Doors open at 10 a.m. Stop in during the grand opening weekend and enter for a chance to win a $200 gift card to J. Crew Factory. Plus, receive 20 percent off on your first purchase of $125 or more (valid Dec 2-12).

“As an anchor store, J. Crew Factory will drive more shoppers to Westgate Center,” said Kreshek. “Furthermore, the broad tenant mix, as well as the mall’s location on heavily-traveled Saratoga, Hamilton and Campbell avenues in San Jose provides convenience and top brands to the densely-populated surrounding communities.”

About Westgate Center
Westgate Center, located in San Jose, California is a 645,000 square-foot community center offering a one-stop family destination for shopping, dining and entertainment. Westgate Center features over 50 shops and restaurants and is anchored by Target, Nordstrom Rack, Walmart Neighborhood Market, Nike Factory Store, Old Navy, Burlington Coat Factory, Michaels and Ross. Westgate Center is a property of Federal Realty Investment Trust www.federalrealty.com (NYSE:FRT), headquartered in Rockville, Maryland. For more information, please visit shopwestgatecenter.com.

About Federal Realty
Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, development, and redevelopment of high quality retail assets. Federal Realty’s portfolio (excluding joint venture properties) contains approximately 20 million square feet located primarily in strategically selected metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, the Trust has an ownership interest in approximately 0.8 million square feet of retail space through a joint venture in which the Trust has a 30% interest. Our operating portfolio (excluding joint venture properties) was 95.6% leased to national, regional, and local retailers as of September 30, 2014, with no single tenant accounting for more than approximately 3.2% of annualized base rent. Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 47 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P MidCap 400 company and its shares are traded on the NYSE under the symbol FRT.

West Coast Commercial Real Estate News