Walmart has spent more than $110 million buying malls this year in a move to become a property owner, not just a tenant | Fortune
Walmart is increasingly acquiring shopping centers, purchasing both anchored locations and malls without prior presence to enable redevelopment and easier market entry.
How a Macy's parking structure became L.A. latest luxury apartment complex
The Westside Pavilion's former Macy's parking garage was replaced with 201 luxury apartments as the mall converts to offices and adds a UCLA research center.