
Macy’s sold a 670,000 sq ft warehouse on 39 acres in South Tampa for $32 million. The buyer of the property was LBA Realty of California. Such a large site with frontage on Gandy Boulevard could be redeveloped into a wide variety of uses. In addition to the distribution center, Macy’s also operates Macy’s Gandy Furniture Gallery at the location and plans to continue to do so.