Onyx Partners takes another swing at buying national J.C. Penney portfolio

Private equity firm offers $934 million for 117 stores

Over 100 J.C. Penney stores are on the block, and Onyx Partners is trying to buy them again. (CoStar)

CoStar News

August 3, 2026 | 8:59 P.M.

Private equity firm Onyx Partners is taking another run at acquiring a national portfolio of 117 J.C. Penney stores for nearly $1 billion.

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