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Americanas reduces occupied space in industrial properties and vacates 48 thousand m² in Brazil

  • Facing a financial crisis and a shift in strategy, the retailer vacated 50 thousand m² in Pernambuco and reduced its industrial property occupancy by 36% since 2023
Leonardo Coelho, CEO of Americanas S.A.
Leonardo Coelho, CEO of Americanas S.A.
By: SiiLA News
03/20/2025

Americanas stores are reducing their market share in industrial properties. The most recent space reduction took place in the first quarter of 2025, when the company vacated 48 thousand m² at Armazenna 4 Centro Logístico in Cabo de Santo Agostinho, Pernambuco. 

In this facility, the retailer occupied 101 thousand m², making it the company's largest leased space in the country. The information was exclusively obtained by SiiLA’s intelligence team. 

According to SiiLA’s real estate market data platform, Market Analytics, Americanas ended 2024 with 476 thousand m² in A+, A, and B-class industrial properties. 

For comparison, in 2024, Americanas vacated a total of 41,6 thousand m² across properties in Pará, Rio Grande do Sul, and Bahia. In other words, the exit from Armazenna 4 alone exceeded all the space reductions from the previous year.  

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