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Largest Mall Owners, in Passing on 51 J.C. Penney Stores, Show New Pickiness in What They Buy

Simon, Brookfield Chose To Purchase Only Three Sites, in California, Texas and Colorado
The J.C. Penney store at the Fashion Valley mall in San Diego is part of a trio of the retailer’s sites sold. (CoStar)
The J.C. Penney store at the Fashion Valley mall in San Diego is part of a trio of the retailer’s sites sold. (CoStar)
CoStar News
August 17, 2021 | 1:28 AM

Retail property owners across the country have said they plan to be more selective when it comes to sites they deem worth owning. Here’s one way that’s playing out among two of the largest U.S. mall landlords.

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