Target is 500, so additional acres needed: 500 - 498 = <<500-498=2>>2 acres.

Sun, 03 May 2026 08:00:37 +0000

Target Expands by 500 Acres—Why Additional Land Is Essential for Retail Growth In a strategic move to enhance its nationwide footprint, Target has announced plans to acquire an additional 500 acres, pushing its total land allocation to 500 acres. While this expansion represents significant growth, the necessity of acquiring extra acreage underscores a key reality in retail real estate: space is not just about square footage—it’s about flexibility, future-ready development, and long-term scalability. ### The Strategic Need for Extra Acres Target’s decision to secure 500 additional acres isn’t merely symbolic. Retail giants continuously evolve their property portfolios to accommodate new store formats, distribution centers, experiential retail, and sustainability initiatives. The math behind the acquisition is straightforward: acquiring 500 acres lifts the company’s total land reserve to 500 acres, providing ample room to meet rising demand, especially in high-growth regions.