Two more J.C. Penney stores, anchors at malls in California, have sold, with one fetching $105.25 million, the highest price recorded so far for one of the brick-and-mortar sites since the retail chain’s bankruptcy. More sales are expected from the portfolio being shopped by Newmark.
Northern California J.C. Penney Store Trades for More Than $105 Million
Sale Appears To Be Biggest of Any of the Retail Chain’s Sites Since Its Bankruptcy Filing
By Linda Moss
CoStar News
October 12, 2021 | 9:12 P.M.
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IN THIS ARTICLE
- Properties
- JCPenney
20700 Avalon Blvd, Carson, CA
- JCPenney
1122 El Camino Real, San Bruno, CA
- 3 Second Street at Harborside
3 2nd St, Jersey City, NJ