Macy’s Approach to Store Closings Is Not One-Size-Fits-All

It’s taken CBRE very little time to begin marketing some of the stores that Macy’s on Wednesday said it will be closing.

Macy’s hired CBRE to help with the disposition of a portion of its stores. The real estate company’s brochure on Thursday said, “Former/Soon-to-Be-Former” next to Macy’s logo and lists 33 locations in 20 states, including four units each in Texas and Pennsylvania and three each in Ohio, Michigan and Massachusetts. Store sizes range from 40,944 square feet to 432,988 square feet. “Locations available for sale, sublease or assignment,” according to CBRE.