The sprawling Texas campus built for department store chain J.C. Penney after it relocated to the Lone Star State from New York City transferred from its Texas ownership group to its lender after the investment firm couldn't restructure debt.
Former J.C. Penney Campus, in Midst of $1 Billion Redevelopment, Moves to Lender
Unable to Restructure Debt on Property, Affiliate of Beal Bank Takes 1.8 Million-Square-Foot Campus, Land
CoStar News
November 12, 2020 | 11:29 P.M.
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