MACY’S MOVES OUT AND NOW WE HEAR HOBBY LOBBY WILL MOVE IN PART OF THE SPACE MACY’S TOOK UP AT COTTONWOOD MALL ON ALBUQUERQUE’S WEST SIDE. COTTONWOOD OWNERS HAD PLANNED TO REDEVELOP THE VACANT STORE … BUT HOBBY LOBBY IS NOW CONFIRMED TO BECOME A TENANT WHEN IT MOVES INTO 53-THOUSAND-800 SQUARE FEET AT COTTONWOOD.
THE SPACE HELD BY MACY’S WAS 164-THOUSAND-800 SQUARE FEET. THE PRICE TAG LAST OCTOBER WAS 21 MILLION DOLLARS.