As malls have closed, the vast buildings have taken on a new draw as a kind of post-apocalyptic wasteland. Redevelopment takes time, leaving the malls vacant and ripe for abuse.

The future of JCPenney’s anchor store building at Freehold Raceway Mall has fallen into uncertainty after a massive real estate transaction collapsed in late December. The proposed $947 million ...

A nearly $1B deal for 119 JCPenney stores is on the rocks after the buyer failed to close in time. Copper Property CTL Pass Through Trust, a holding company created by JCPenney lenders, said in a Dec.

FREEHOLD TOWNSHIP - The sale of JCPenney's anchor store at Freehold Raceway Mall is now in limbo after a $947 million deal to sell it and 116 other stores to Onyx Partners collapsed shortly after ...

Once a bustling shopping hub in Sanford, the Seminole Towne Center Mall now stands quiet after years of decline attributed to online shopping, hurricanes, and economic downturns. Originally ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min With the sale now terminated ...

More than 100 JCPenney stores are facing an uncertain future after a deal to sell the locations fell through. That includes the JCPenney store in Owasso, where customers say they are worried about ...

A $950 million deal to sell more than 100 JCPenney locations to a private equity firm fell apart at the last minute. Onyx Partners, a Boston-based investment firm, was set to acquire 119 JCPenney ...

A deal to sell more than 100 JCPenney stores is likely not going forward. A regulatory form filed on Monday, Dec. 22, from the trust that had been charged with selling the assets confirmed the ...

WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity firm failed to complete the transaction by a scheduled deadline, according to ...