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Six More J.C. Penney Stores Sell for $52 Million Out of Bankruptcy Proceeding

Marketing Process Finds Buyers for Five Sites in Texas
The J.C. Penney store in Round Rock, Texas, was one of a half-dozen that were sold in November. (CoStar)
The J.C. Penney store in Round Rock, Texas, was one of a half-dozen that were sold in November. (CoStar)
CoStar News
December 14, 2021 | 11:48 P.M.

The sales of a half-dozen J.C. Penney stores were completed in November for $52.1 million, part of the ongoing effort to use the proceeds to pay back the department store chain’s creditors.

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