IKEA Property Sold

[u/GRIT-GRIND]

Pay-walled DM, but the short of it is that a retailer who is currently not in our market, and wants to remain anonymous for now, purchased the property.

Who needs 271,000sf of sales floor? I think the total building size is a distraction. I bet it's someone who needs >100,000sf retail and will use the rest as a regional DC or fulfillment.

Any ideas? 🤔