Macy’s Sells San Francisco’s Stonestown Property for $42.8MM, Plans to Lease it Back

(EDITOR’S NOTE: According to public documents reviewed by The Registry, Macy’s sold the store for $42.8 million in a transaction that closed on December 12, 2016.) CINCINNATI--Jan. 4, 2017-- Macy’s, Inc. (NYSE:M) today announced a series of actions to streamline its store portfolio, intensify cost efficiency efforts and execute its real estate strategy. These actions […]