Simon Property Group took over J. C. Penney operations on July 30, 2025. The acquisition involved a Boston-based private equity firm and JCPenney has stores in Arizona.
1 report, 1 independent
Updated Jul 30
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What happened
Simon Property Group took over J. C. Penney operations on July 30, 2025. The acquisition involved a Boston-based private equity firm and JCPenney has stores in Arizona.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Simon Property Group
American commercial real estate company and real estate investment trust
- Simon Property Group and Federal Realty Investment Trust are two large retail REITs that are currently competing for investor capital.
- WHP Global acquired a controlling stake in Tru Kids Inc. Concurrently, Toys ‘R’ Us announced it will feature Lego toys and open a new store at ABQ Uptown, which is owned by Simon Property Group.
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J. C. Penney
American department store chain
Nothing else this week.
Coverage
Newest first; wire copies grouped- AZCentral | The Arizona Republic119 JCPenney stores sold, including these 4 in Arizona. Here's what to know More than 100 JCPenney stores, including four in Arizona, will be sold to a Boston private equity firm for $947 million. Th