Macy's Retail Holdings, Inc. v. County of Hennepin

OPINION

STRAS, Justice.

Macy’s Retail Holdings, Inc., challenges the Minneapolis Assessor’s valuation of its downtown Minneapolis property for the *4532008,2009, and 2010 tax years. Following a trial, the tax court reduced the valuation of the property, but not to the extent urged by the testimony and appraisal report of Macy’s expert witness. Macy’s appeals the tax court’s decision and argues that the tax court clearly erred in its determination of the property’s highest and best use and in its consideration of comparable-sales data. Macy’s also claims that the tax court abused its discretion…