As malls have closed, the vast buildings have taken on a new draw as a kind of post-apocalyptic wasteland. Redevelopment ...
Our first story on memories of Delaware department store restaurants received such a big response, we decided to do it again.
A deal to sell more than 100 JCPenney stores is likely not going forward. A regulatory form filed on Monday, Dec. 22, from the trust that had been charged with selling the assets confirmed the ...
A nearly $1 billion cash deal for more than 100 JCPenney stores devolved into a legal fight after failing to close. Copper Property CTL Pass Through Trust disclosed last month that a $997 million sale ...
A $950 million deal to sell more than 100 JCPenney locations to a private equity firm fell apart at the last minute. Onyx Partners, a Boston-based investment firm, was set to acquire 119 JCPenney ...
Despite numerous reports that the plan to sell 117 JCPenney store properties for $935 million to Onyx Partners has fallen through, Onyx says it is ready to close the transaction “promptly” as soon as ...
Add Yahoo as a preferred source to see more of our stories on Google. The future of JCPenney’s anchor store building at Freehold Raceway Mall has fallen into uncertainty after a massive real estate ...
A ten-figure deal to sell more than 100 JCPenney stores has devolved into a high-stakes legal fight, with buyer Onyx Partners accusing the seller, the Copper Property trust, of deliberately sabotaging ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min With the planned sale of 119 ...
JCPenney has quietly upended expectations for a big slice of its store base, dropping a surprise update on the fate of 119 locations that were supposed to change hands in a major real estate deal.