News

Five years after JCPenney filed for bankruptcy, a Boston private equity firm will pay $947 million for 119 JCPenney stores, including six scattered across Michigan, to pay the retailer's creditors.
A half-dozen JCPenney buildings in Michigan are part of a nearly $1 billion pending private equity deal for more than 100 of ...
Six JCPenney buildings in Michigan are part of a nearly $1 billion private equity deal for more than 100 of JCPenney’s ...
Three JCPenney stores in New York have been bought by a Boston private equity firm as part of an almost $1 billion deal. The buyer — an affiliate of Onyx Partners, Ltd. — bought 119 JCPenney stores ...
Boston-based Onyx Partners, Ltd. has entered into a purchase and sale agreement with Copper Property CTL Pass Through Trust ...
The properties — the bulk of which are in Texas and California — are being sold to an affiliate of Onyx Partners for $947 ...
In late July, a private equity firm announced it would pay $947 million for 119 JCPenney stores, including one in Minnesota.
A Boston-based private equity firm recently announced that it will purchase more than 100 JCPenney stores across the country, leaving many loyal customers wondering about the status of the locations, ...
JCPenney is unloading 119 store properties in a $947 million deal — but not because it’s shutting them down. See the full ...
The JCPenney locations that are part of the sale cover 35 states and Puerto Rico with 21 in Texas and 19 in California.