Macy’s, Inc. Completes Sale of Downtown Minneapolis Property Store anticipated to close in spring 2017 and slated for redevelopment by 601W Companies Macy’s, Inc. (NYSE:M) today announced the completion of the sale of its downtown Minneapolis property located at 700 Nicollet Mall. The property was acquired by 601W Companies, which is planning a major mixed-use redevelopment for the historic building. “As a part of our overall real estate strategy, Macy’s has been investigating the best possible use for this property, especially given the large amount of unproductive and unused space on the upper floors. We have talked with a wide variety of partners in pursuit of a plan that would create the...
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