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Walmart just made a significant real estate move in Southern California, spending $223 million to purchase a cold storage facility it has been leasing for more than 15 years. Walmart Realty, a subsidiary of the retail giant, acquired the 507,000-square-foot temperature-controlled distribution property located at 1001 Columbia Ave. in Riverside, California, from State Street Corporation. […] The post Walmart just spent $223M and it was not on a store appeared first on Rolling Out .