With demand for industrial properties soaring, a portfolio of a half-dozen J.C. Penney distribution centers has sold for $557.2 million as part of the storied retailer’s Chapter 11 reorganization.
J.C. Penney Warehouse Portfolio Trades for $557 Million
Deal Is Part of Reorganization Trust’s Efforts To Sell Properties, Pay Creditors
By Linda Moss
CoStar News
December 26, 2021 | 11:23 P.M.
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IN THIS ARTICLE
- Properties
- JCPenney Distribution Center
11111 Stead Blvd, Reno, NV
- JCPenney Distribution Center
1701 Intermodal Pky, Haslet, TX
- JCPenney Distribution Center
5500 Expy, Forest Park, GA