Login

Lenders Issue Default Notice for Loan Tied to JC Penney Campus in Dallas Area

Owner: 'We Will Get the Refinance Accomplished'
The Campus at Legacy West, a 1.8 million-square-foot multitenant office building, is adjacent to 40 acres in the Legacy Business Park in Plano, Texas. (Dreien Opportunity Partners)
The Campus at Legacy West, a 1.8 million-square-foot multitenant office building, is adjacent to 40 acres in the Legacy Business Park in Plano, Texas. (Dreien Opportunity Partners)
CoStar News
January 14, 2020 | 11:04 P.M.

The owner of the J.C. Penney corporate campus in the Dallas area has been served a notice of default by its lenders, putting expansion plans in jeopardy at a site that could wind up being owned by the lenders.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE