119 JCPenney Stores in 35 States Sold in Nearly $1 Billion Deal. See Full List

JCPenney

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JCPenney
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Why Is JCPenney Selling Stores?

JCPenney is unloading 119 store properties in a $947 million deal — but not because it’s shutting them down. The retailer handed off its real estate years ago when it filed for bankruptcy in 2020, and this is just the latest round of selling. 


The properties are owned by Copper Property CTL Pass Through Trust, which was created specifically to help pay off creditors after JCPenney’s collapse.


J.C. Penney store. JCPenney filed for bankruptcy protection and is closing many locations.
jetcityimage/istockphoto

Are Any Stores Closing?

All 119 locations are net-leased, meaning JCPenney is still on the hook for rent and operating costs — and still running the stores. 


Customers aren’t likely to notice anything different. There would also be no layoffs, nor closures.

Handshake
simarik/istockphoto

Who Is Buying Them Out?


The buyer is Onyx Partners, a private equity firm based in Boston. According to the trust, Onyx won the bid thanks to its cash offer and ability to close quickly. The sale is expected to wrap by September 8.

JCPenney department store in Fair Oaks shopping mall in northern Virginia with people walking
ablokhin/istockphoto

Where Are The Stores Located?

The properties are spread across 35 states, but Texas (21) and California (19) hold the biggest share. The total square footage clocks in at over 16 million, according to brokerage firm Newmark, which managed the sale. 


About half of the locations are in fast-growing Sunbelt markets, with stores near big cities like Austin, Houston, Los Angeles, Miami, and New York. Newmark called the portfolio “strategically located,” which mostly means: lots of suburban malls. 

Forever 21
zodebala/istockphoto

Where Is the Money Going?

The trust says it expects to distribute between $928 million and $932 million from the sale. JCPenney doesn’t see a dime of it — it just stays on as a tenant, continuing operations under Catalyst Brands, which also owns Aéropostale, Forever 21, and a few other mall staples. 


Read on for a complete list of the stores that are being sold.

Little Rock, Arkansas
dlewis33/istockphoto

Arizona

  • The Mall at Turtle Creek: 3000 E Highland Dr Ste 516, Jonesboro, AR
  • Shackleford Crossing: 2600 S Shackleford Rd, Little Rock, AR
Glendale Arizona
DCorn/istockphoto

Arkansas

  • Arrowhead Towne Center: 7750 W Arrowhead Towne Center, Glendale, AZ
  • Superstition Springs Mall: 6525 E Southern Ave, Mesa, AZ
  • Yuma Palms Regional Center: 1375 S Yuma Palms Pkwy, Yuma, AZ
  • Palm Valley Cornerstone: 13333 W Mcdowell Rd, Goodyear, AZ

Sacramento Tower Bridge and Sacramento Capitol Mall
JasonDoiy/istockphoto

California

  • Solano Town Center: 1330 Travis Blvd, Fairfield, CA 
  • Westfield Plaza Bonita: 3040 Plaza Bonita Rd, National City, CA 
  • Glendale Galleria: 1169 Glendale Galleria, Glendale, CA 
  • Huntington Park CBD: 6420 S Pacific Blvd, Huntington Park, CA 
  • Westfield Santa Anita: 400 S Baldwin Ave, Arcadia, CA 
  • Plaza at West Covina: 1203 Plaza Dr, West Covina, CA 
  • Galleria at Tyler: 3605 Galleria at Tyler, Riverside, CA 
  • Westfield Palm Desert: 72900 Hwy 111, Palm Desert, CA 
  • Westfield North County: 290 E Via Rancho Pkwy, Escondido, CA 
  • The Shops at Montebello: 1600 Town Center Dr, Montebello, CA 
  • Valley Plaza: 2501 Ming Ave, Bakersfield, CA 
  • Antelope Valley Mall: 1131 W Rancho Vista Blvd, Palmdale, CA 
  • Arden Fair Mall: 1695 Arden Way, Sacramento, CA 
  • Brea Mall: 400 Brea Mall, Brea, CA 
  • Pacific View Mall: 377 S Mills Rd, Ventura, CA 
  • Northridge Fashion Center: 9301 Tampa Ave, Northridge, CA 
  • Imperial Valley Mall: 3351 S Dogwood, El Centro, CA 
  • Victoria Gardens: 12399 S Mainstreet, Rancho Cucamonga, CA
  • The Orchard at Slatten Ranch: 4951 Slatten Ranch Rd, Antioch, CA

Colorado Springs, Colorado
Colorado Springs, Colorado by David Shankbone (CC BY-SA)

Colorado

  • Town Center at Aurora: 14200 E Alameda Ave, Aurora, CO 
  • First & Main Town Center: 3650 New Center Pt, Colorado Springs, CO

Manchester, Connecticut
DenisTangneyJr/istockphoto

Connecticut

  • The Shoppes at Buckland Hills: 344 V Buckland Hills Dr Ste 7000, Manchester, CT 
  • Westfarms Mall: 300 Westfarms Mall, Farmington, CT 
  • Danbury Fair: 7 Backus Ave, Danbury, CT

Panama City Beach, Florida
RobHainer/istockphoto

Florida

  • Westfield Brandon: 331 Brandon Town Center Mall, Brandon, FL 
  • Westfield Countryside: 27001 US Hwy 19 N, Clearwater, FL 
  • Westfield Broward: 8000 W Broward Blvd Ste 900, Plantation, FL 
  • Pembroke Lakes Mall: 11401 Pines Blvd, Pembroke Pines, FL 
  • The Mall at Wellington Green: 10308 W Forest Hill Blvd, Wellington, FL 
  • Pier Park: 206 Bluefish Dr, Panama City Beach, FL

JCPenney Store
KenWiedemann/istockphoto

Georgia

  • South Point S/C: 1380 Hwy 20 W, Mcdonough, GA

Coralville, IA
Coralville, IA by American007 (CC BY-SA)

Iowa

  • Coral Ridge Mall: 1471 Coral Ridge Ave, Coralville, IA

Boise, Idaho, USA
Sean Pavone/istockphoto

Idaho

  • Boise Towne Square: 300 N Milwaukee St, Boise, ID

JCPenny
Joe_Potato/istockphoto

Illinois

  • Orland Square: 3 Orland Sq Dr, Orland Park, IL 
  • North Riverside Park Mall: 7507 W Cermak Rd, North Riverside, IL 
  • Hawthorn S/C: Rt 60 & Hwy 21, Vernon Hills, IL 
  • Oakridge Court: 800 S Randall Rd, Algonquin, IL 
  • Mokena Marketplace: 11325 W Lincoln Hwy, Mokena, IL

JC Penney Retail
LindaJoHeilman/istockphoto

Indiana

  • Hamilton Town Center: 13900 Hoard Dr, Noblesville, IN

Downtown Overland Park Kansas
MattGush/istockphoto

Kansas

  • Oak Park Mall: 11801 W 95Th St, Overland Park, KS

JCPenney Department Store. As JCPenney struggles, JCP plans on closing locations.
jetcityimage/istockphoto

Kentucky

  • Florence Mall: 6000 Florence Mall, Florence, KY 
  • Ashland Town Center: 500 Winchester Ave, Ashland, KY

Aerial photo Downtown Baton Rouge Louisiana USA
felixmizioznikov/istockphoto

Lousiana

  • Mall of Louisiana: 6201 Bluebonnet Blvd, Baton Rouge, LA

Downtown Peabody, Massachusetts
DenisTangneyJr/istockphoto

Massachusetts

  • Northshore Mall: Rt 114 & 128, Peabody, MA

Downtown Baltimore, Maryland
Jon Bilous/istockphoto

Maryland

  • White Marsh Mall: 8200 Perry Hall Blvd, Baltimore, MD 
  • St Charles Towne Center: 11130 Mall Cir, Waldorf, MD

Traverse City Michigan Downtown In The Fall
Gary Ennis/istockphoto

Michigan

  • Oakland Mall: 700 W 14 Mile Rd, Troy, MI 
  • Lakeside Mall: 14300 Lakeside Cir, Sterling Heights, MI 
  • Twelve Oaks Mall: 27150 Novi Rd, Novi, MI 
  • Grand Traverse Mall: 3300 S Airport Rd W, Traverse City, MI 
  • Rivertown Crossings: 3774 Rivertown Prkwy SW, Grandville, MI 
  • Waterside Marketplace: 50753 Waterside Dr, Chesterfield Township, MI

J.C. Penney Company Plaque
LindaJoHeilman/istockphoto

Minnesota

  • Rosedale S/C: 1700 W County Rd B-2, Roseville, MN

Kansas City Missouri Lake Skyline
TriggerPhoto/istockphoto

Missouri

  • Mid Rivers Mall: 4 Mid Rivers Mall, St Peters, MO 
  • The Plaza at Shoal Creek: 8100 N Flintlock Rd, Kansas City, MO

J C Penney store
TennesseePhotographer/istockphoto

Mississippi

  • Southaven Towne Center: 6620 Towne Center Loop Ste E, Southaven, MS

Durham, North Carolina, USA downtown cityscape.
Sean Pavone/istockphoto

North Carolina

  • The Streets at Southpoint: 6910 Fayetteville Rd Ste 600, Durham, NC

Salem, New Hampshire
DenisTangneyJr/istockphoto

New Hampshire

  • The Mall at Rockingham Park: 81 Rockingham Park Blvd, Salem, NH

Drone shot of beautiful houses in Freehold, New Jersey, United States in summer
Wirestock/istockphoto

New Jersey

  • Rockaway Townsquare: 305 Mount Hope Ave, Rockaway, NJ
  • Woodbridge Center: 428 Woodbridge Ctr Dr, Woodbridge, NJ 
  • Newport Centre: 10 Mall Dr, W, Jersey City, NJ
  • Freehold Raceway Mall: 3710 Hwy 9, Freehold, NJ

Albuquerque, New Mexico
Faina Gurevich/istockphoto

New Mexico

  • Coronado Center: 6600 Menaul Blvd NE Ste 600, Albuquerque, NM 
  • Cottonwood Mall: 10000 Coors Bypass NW, Albuquerque, NM

Reno is the other, lesser known Gambling Oasis in Nevada
Jacob Boomsma/istockphoto

Nevada

  • Meadowood Mall: 5200 Meadowood Mall Cir, Reno, NV 
  • Meadows Mall: 4400 Meadows Lane, Las Vegas, NV 
  • Galleria at Sunset: 1312 W Sunset Rd, Henderson, NV

Staten Island Ferry
400tmax/istockphoto

New York

  • Gateway Shopping Center: I & II 360 Gateway Dr, Brooklyn, NY 
  • Staten Island Mall: 140 Marsh Ave, Staten Island, NY 
  • The Mall at Bay Plaza: 100 Baychester Ave, Bronx, NY

Columbus, Ohio
pawel.gaul / Getty

Ohio

  • SouthPark Center: 17177 Royalton Rd, Strongsville, OH
  • The Mall at Tuttle Crossing: 5083 Tuttle Crossing Blvd, Dublin, OH
  • Polaris Fashion Place: 1450 Polaris Pkwy, Columbus, OH
  • The Shops at Fallen Timbers: 3100 Main St Ste 1000, Maumee, OH
  • Stone Creek Towne Center: 3675 Stone Creek Blvd, Colerain Township, OH
Oklahoma City, Oklahoma, USA
Sean Pavone/istockphoto

Oklahoma

  • Center at Owasso: 9056 N 121st East Ave, Owasso, OK
  • Penn Square Mall: 1901 NW Expwy Ste 1200, Oklahoma City, OK
  • Shops at Moore: 2400 S Service Rd, Moore, OK
Happy Valley Town
Kativ/istockphoto

Oregon

  • Clackamas Town Center: 12300 SE 82Nd Ave, Portland (Happy Valley), OR
Pittsburgh, PA
Shunyu Fan/istockphoto

Pennsylvania

  • Westmoreland Mall: 5256 Route 30, Greensburg, PA
  • The Mall at Robinson T/C: 2000 Robinson Town Ctr, Pittsburgh, PA
  • High Pointe Commons: 4680 High Pointe Blvd, Harrisburg, PA
JCPenney Puerto Rico
Nilsa G. / Yelp

Puerto Rico

  • Mayaguez Mall: 975 AV. Eugenio Maria De Hostos, Ste 320, Mayaguez, PR
  • Plaza Centro: 200 Avenida Rafael Cordero, Ste 111, Caguas, PR
Memphis Skyline Aerial With Bridge And River
Dee Liu/istockphoto

Tennessee

  • Wolfchase Galleria: 2756 N Germantown Pkwy, Memphis, TN
  • Stones River Mall: 1720 Old, Fort Pkwy, Murfreesboro, TN
El Paso, Texas
DenisTangneyJr/istockphoto

Texas

  • Mall Del Norte: 5300 San Dario, Laredo, TX
  • Golden Triangle Mall: 2201 S Interstate 35 E Ste D, Denton, TX
  • Midland Park Mall: 4511 N Midkiff Rd, Midland, TX
  • Killeen Mall: 2100 S W S Young Dr Ste 2000, Killeen, TX
  • Valle Vista Mall: 2006 S Expy 83, Harlingen, TX
  • Post Oak Mall: 1500 Harvey Rd, College Station, TX
  • New Braunfels T/C at Creekside: 215 Creekside Way, New Braunfels, TX
  • The Parks at Arlington: 3851 S Cooper St, Arlington, TX
  • Lakeline Mall: 11200 Lakeline Mall Dr, Cedar Park, TX
  • First Colony Mall: 16529 Southwest Frwy, Sugarland, TX
  • Deerbrook Mall: 20131 Hwy 59N Ste 3000, Humble, TX
  • Sunrise Mall: 2370 N Expwy Ste 2000, Brownsville, TX
  • Baybrook Mall: 100 Baybrook Mall, Friendswood, TX
  • Fairmont Center: 5120 Fairmont Pkwy, Pasadena, TX
  • Southpark Meadows S/C: 9500 S Ih-35 Ste H, Austin, TX
  • Alliance Town Center: 3001 Texas Sage Trl, Fort Worth, TX
  • Waxahachie Towne Center Crossing: 1441 N Hwy 77, Waxahachie, TX
  • El Mercado Plaza: 1950 Joe Battle Blvd, El Paso, TX
  • Sherman Town Center: 610 Graham Dr, Sherman, TX
  • Teas Crossing: 3165 Interstate 45 N, Conroe, TX
  • The Shops at Stone Park: 5858 E Sam Houston Pkwy N, Houston, TX
Aerial View of Downtown Hampton Along the Hampton River in Virginia
Kyle Little/istockphoto

Virginia

  • Southpark Mall: 6 Southpark Mall, Colonial Hts, VA
  • Peninsula Town Center: 2071 Coliseum Dr, Hampton, VA
Bellingham
samvaltenbergs/istockphoto

Washington

  • Westfield Southcenter: 1249 Southcenter Mall, Tukwila, WA
  • Columbia Center: 1321 N Columbia Ctr Blvd #100, Kennewick, WA
  • Bellis Fair: 10 Bellis Fair Pkwy, Bellingham, WA
J.C. Penney store. JCPenney filed for bankruptcy protection and is closing many locations.
jetcityimage/istockphoto

Wisconsin

  • Fox River Mall: 4301 W Wisconsin Ave, Appleton, WI