Candace Carlisle

<html><head></head><body><div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Department store chain J.C. Penney is seeking bankruptcy judge approval to hire CBRE to figure out a cost-effective strategy for its sprawling headquarters offices in Plano, Texas, the latest high-profile company weighing subleasing, lease rejections or other options to trim overhead in the pandemic.</p></div></div></body></html>

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The Park at Legacy

Department Store Retailer Weighs Options As It Prepares to Emerge From Bankruptcy

J.C. Penney, After Renegotiating Store Leases, Now Turns to Its Sprawling Headquarters

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

The CoStar Power Broker Awards recognize the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction are singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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J.C. Penney, After Renegotiating Store Leases, Now Turns to Its Sprawling Headquarters

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J.C. Penney, After Renegotiating Store Leases, Now Turns to Its Sprawling Headquarters

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