Sherwin-Williams

Sherwin-Williams is a leading paint and coatings retailer that traces its roots back to 1866, when Henry Sherwin and Edward Williams opened their first store in Cleveland, Ohio. Over more than a century and a half, the company has grown from a regional supplier into a global powerhouse in the paint industry. A major milestone in its history was the acquisition of Valspar in 2017, which significantly expanded Sherwin-Williams’ international reach and diversified its product offerings.

As of December 2024, Sherwin-Williams operates approximately 4,900 company-owned stores, making it one of the largest specialty retailers in its category. The company maintains a strong presence across the United States and Canada, and continues to build its footprint in Latin America, Europe, and Asia. All locations are company-operated, with no franchise model, which allows for consistent brand standards and operational reliability.

In recent years, Sherwin-Williams has focused on expanding into high-growth U.S. markets and select international regions. The company has invested heavily in new store openings, particularly in suburban and secondary markets, and has modernized its supply chain and distribution network to support both organic growth and strategic acquisitions. Existing stores have seen ongoing upgrades to enhance the customer experience and operational efficiency.

Sherwin-Williams is publicly traded on the NYSE under the symbol SHW, and as of December 2024, employs nearly 64,000 people worldwide. Its scale, financial stability, and proven retail formats make it a dependable anchor or co-tenant for a wide variety of commercial properties, from urban infill sites to suburban shopping centers. The company’s continued growth and investment posture signal ongoing demand for new locations and redevelopment opportunities, making it a relevant and attractive tenant for landlords, brokers, and developers seeking stable, long-term partnerships.