Department store retailer J.C. Penney has canceled plans for an auction to sell its surplus real estate in the wake of a stalking horse bid made by two of its mall landlords last week for the bankrupt company's retail and operating assets.
J.C. Penney Forgoes Real Estate Auction in Wake of Mall Owners' Bid
Longtime Retail Broker: 'Everything Starts With Real Estate'
CoStar News
September 16, 2020 | 12:18 AM
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IN THIS ARTICLE
- Properties
- The Park at Legacy
6501 Legacy Dr, Plano, TX