JCPenney store closures 2025
A Massive Sale: 119 JCPenney Stores Transferred
JCPenney’s real estate trust, Copper Property CTL Pass Through Trust, has agreed to sell a portfolio of 119 JCPenney-owned store properties to Onyx Partners for $947 million. Onyx Partners, based in Massachusetts, secured the deal after evaluating offers from more than 700 bidders. Though the properties have been