119 JCPenney Stores Just Sold — Here’s What Shoppers Should Know
The $947 million JCPenney deal hints at bigger retail and real estate shifts.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Delivered daily
Kiplinger Today
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more delivered daily. Smart money moves start here.
Sent five days a week
Kiplinger A Step Ahead
Get practical help to make better financial decisions in your everyday life, from spending to savings on top deals.
Delivered daily
Kiplinger Closing Bell
Get today's biggest financial and investing headlines delivered to your inbox every day the U.S. stock market is open.
Sent twice a week
Kiplinger Adviser Intel
Financial pros across the country share best practices and fresh tactics to preserve and grow your wealth.
Delivered weekly
Kiplinger Tax Tips
Trim your federal and state tax bills with practical tax-planning and tax-cutting strategies.
Sent twice a week
Kiplinger Retirement Tips
Your twice-a-week guide to planning and enjoying a financially secure and richly rewarding retirement
Sent bimonthly.
Kiplinger Adviser Angle
Insights for advisers, wealth managers and other financial professionals.
Sent twice a week
Kiplinger Investing Weekly
Your twice-a-week roundup of promising stocks, funds, companies and industries you should consider, ones you should avoid, and why.
Sent weekly for six weeks
Kiplinger Invest for Retirement
Your step-by-step six-part series on how to invest for retirement, from devising a successful strategy to exactly which investments to choose.
Five years after filing for bankruptcy, JCPenney is making another major move. The retailer is selling 119 stores across the country, though no closures have been announced.
The sale highlights the ongoing challenges for traditional department stores as malls lose foot traffic and online shopping continues to dominate.
For shoppers, the sale signals another step in JCPenney’s effort to navigate a shrinking retail landscape while keeping its remaining locations open — for now.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
What to know about JCPenney’s 119‑store real estate sale
In an online statement, Copper Property CTL Pass Through Trust announced the purchase of 119 JCPenney stores in a $947 million deal.
"Copper Property CTL Pass Through Trust (the "Trust") was established to acquire 160 retail properties and 6 warehouse distribution centers (the "Properties") from J.C. Penney as part of its Chapter 11 plan of reorganization," the statement reads.
"The Trust's operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable."
The sale of the stores from Onyx Partners, Ltd. To Copper Property CTL Pass Through Trust is scheduled to be completed on or before September 8.
While the statement doesn’t detail specific plans for the stores beyond selling them to third parties, all of the stores sold are currently open and there is no mention of plans to immediately close any locations.
Earning cash back on every grocery trip can help put a little of that money back in your pocket. See Kiplinger's top credit card picks for online shopping, powered by Bankrate. Advertising disclosure.
Why JCPenney is selling stores
JCPenney filed bankruptcy in 2020 after experiencing declining sales for years. Shortly after announcing the bankruptcy, JCPenney also announced plans to close about 29% of its 846 stores. Those 242 locations closed in an effort to stabilize the business’ finances and avoid having to liquidate the remaining stores.
JCPenney’s bankruptcy and store closures are part of the broader retail real estate challenges the industry faces. In 2025, Macy’s announced the closure of 66 stores, and Kohl’s announced it would close 27 stores in March.
These retailers face increasing challenges as online shopping gains popularity and retailers like Amazon become a threatening competitor. As malls lose traction and foot traffic decreases, sales drop and retailers , and even the malls, themselves, are closing.
Capital One Shopping Research statistics project that as many as 87% of large shopping malls may close over the coming decade, and from 2017 to 2022, the number of malls in existence declined by 16.7% per year.
The full list of JCPenney locations sold
The 119 JCPenney locations sold span 35 states. Here is the full list of stores sold.
- Arkansas
- Shackleford Crossing: 2600 S Shackleford Rd, Little Rock, AR
- The Mall at Turtle Creek: 3000 E Highland Dr Ste 516, Jonesboro, AR
- Arizona
- Arrowhead Towne Center: 7750 W Arrowhead Towne Center, Glendale, AZ
- Palm Valley Cornerstone: 13333 W McDowell Rd, Goodyear, AZ
- Superstition Springs Mall: 6525 E Southern Ave, Mesa, AZ
- Yuma Palms Regional Center: 1375 S Yuma Palms Pkwy, Yuma, AZ
- California
- Plaza at West Covina: 1203 Plaza Dr, West Covina, CA
- Valley Plaza: 2501 Ming Ave, Bakersfield, CA
- Brea Mall: 400 Brea Mall, Brea, CA
- Westfield Santa Anita: 400 S Baldwin Ave, Arcadia, CA
- The Orchard at Slatten Ranch: 4951 Slatten Ranch Rd, Antioch, CA
- Antelope Valley Mall: 1131 W Rancho Vista Blvd, Palmdale, CA
- Glendale Galleria - 1169 Glendale Galleria - Glendale, CA
- Huntington Park CBD: 6420 S Pacific Blvd, Huntington Park, CA
- The Shops at Montebello: 1600 Town Center Dr, Montebello, CA
- Westfield Plaza Bonita: 3040 Plaza Bonita Rd, National City, CA
- Northridge Fashion Center: 9301 Tampa Ave, Northridge, CA
- Westfield Palm Desert: 72900 Hwy 111, Palm Desert, CA
- Victoria Gardens: 12399 S Mainstreet, Rancho Cucamonga, CA
- Galleria at Tyler: 3605 Galleria At Tyler, Riverside, CA
- Arden Fair Mall: 1695 Arden Way, Sacramento, CA
- Westfield North County: 290 E Via Rancho Pkwy, Escondido, CA
- Imperial Valley Mall: 3351 S Dogwood, El Centro, CA
- Solano Town Center: 1330 Travis Blvd, Fairfield, CA
- Pacific View Mall: 377 S Mills Rd, Ventura, CA
- Colorado
- Town Center at Aurora: 14200 E Alameda Ave, Aurora, CO
- First & Main Town Center: 3650 New Center Pt, Colorado Springs, CO
- Connecticut
- Danbury Fair: 7 Backus Ave, Danbury, CT
- Westfarms Mall: 300 Westfarms Mall, Farmington, CT
- The Shoppes at Buckland Hills: 344 V Buckland Hls Dr Ste 7000, Manchester, CT
- Florida
- Westfield Brandon: 331 Brandon Town Center Mall, Brandon, FL
- Westfield Countryside: 27001 US Hwy 19 N, Clearwater, FL
- Pier Park: 206 Bluefish Dr, Panama City Beach, FL
- Pembroke Lakes Mall: 11401 Pines Blvd, Pembroke Pines, FL
- Westfield Broward: 8000 W Broward Blvd Ste 900, Plantation, FL
- The Mall at Wellington Green: 10308 W Forest Hill Blvd, Wellington, FL
- Georgia
- South Point: 1380 Hwy 20 W, McDonough, GA
- Iowa
- Coral Ridge Mall: 1471 Coral Ridge Ave, Coralville, IA
- Idaho
- Boise Towne Square: 300 N Milwaukee St, Boise, ID
- Illinois
- Oakridge Court: 800 S Randall Rd, Algonquin, IL
- Mokena Marketplace: 11325 W Lincoln Hwy, Mokena, IL
- North Riverside Park Mall: 7507 W Cermak Rd, North Riverside, IL
- Orland Square: 3 Orland Sq Dr, Orland Park, IL
- Hawthorn S/C: Rt 60 & Hwy 21, Vernon Hills, IL
- Indiana
- Hamilton Town Center: 13900 Hoard Dr, Noblesville, IN
- Kansas
- Oak Park Mall: 11801 W 95Th St, Overland Park, KS
- Kentucky
- Ashland Town Center: 500 Winchester Ave, Ashland, KY
- Florence Mall: 6000 Florence Mall, Florence, KY
- Louisiana
- Mall of Louisiana: 6201 Bluebonnet Blvd, Baton Rouge, LA
- Massachusetts
- Northshore Mall: Rt 114 & 128, Peabody, MA
- Maryland
- White Marsh Mall: 8200 Perry Hall Blvd, Baltimore, MD
- St Charles Towne Center: 11130 Mall Cir, Waldorf, MD
- Michigan
- Waterside Marketplace: 50753 Waterside Dr, Chesterfield Township, MI
- Rivertown Crossings: 3774 Rivertown Prkwy Sw, Grandville, MI
- Twelve Oaks Mall: 27150 Novi Rd, Novi, MI
- Lakeside Mall: 14300 Lakeside Cir, Sterling Heights, MI
- Grand Traverse Mall: 3300 S Airport Rd W, Traverse City, MI
- Oakland Mall: 700 W 14 Mile Rd, Troy, MI
- Minnesota
- Rosedale S/C: 1700 W County Rd B-2, Roseville, MN
- Missouri
- The Plaza at Shoal Creek: 8100 N Flintlock Rd, Kansas City, MO
- Mid Rivers Mall: 4 Mid Rivers Mall, St Peters, MO
- Mississippi
- Southaven Towne Center: 6620 Towne Center Loop Ste E, Southaven, MS
- North Carolina
- The Streets at Southpoint: 6910 Fayetteville Rd Ste 600, Durham, NC
- New Hampshire
- The Mall at Rockingham Park: 81 Rockingham Park Blvd, Salem, NH
- New Jersey
- Freehold Raceway Mall: 3710 Hwy 9, Freehold, NJ
- Newport Centre: 10 Mall Dr W, Jersey City, NJ
- Rockaway Townsquare: 305 Mount Hope Ave, Rockaway, NJ
- Woodbridge Center: 428 Woodbridge Ctr Dr, Woodbridge, NJ
- New Mexico
- Coronado Center: 6600 Menaul Blvd Ne Ste 600, Albuquerque, NM
- Cottonwood Mall: 10000 Coors Bypass Nw, Albuquerque, NM
- Nevada
- Galleria at Sunset: 1312 W Sunset Rd, Henderson, NV
- Meadows Mall: 4400 Meadows Lane, Las Vegas, NV
- Meadowood Mall: 5200 Meadowood Mall Cir, Reno, NV
- New York
- The Mall at Bay Plaza: 100 Baychester Ave, Bronx, NY
- Gateway Shopping Center I & II: 360 Gateway Dr, Brooklyn, NY
- Staten Island Mall: 140 Marsh Ave, Staten Island, NY
- Ohio
- Stone Creek Towne Center: 3675 Stone Creek Blvd, Colerain Township, OH
- Polaris Fashion Place: 1450 Polaris Pkwy, Columbus, OH
- The Mall at Tuttle Crossing: 5083 Tuttle Crossing Blvd, Dublin, OH
- The Shops at Fallen Timbers: 3100 Main St Ste 1000, Maumee, OH
- SouthPark Center: 17177 Royalton Rd, Strongsville, OH
- Oklahoma
- Shops at Moore: 2400 S Service Rd, Moore, OK
- Penn Square Mall: 1901 NW Expwy Ste 1200, Oklahoma City, OK
- Center at Owasso: 9056 N 121St East Ave, Owasso, OK
- Oregon
- Clackamas Town Center: 12300 SE 82nd Ave, Portland (Happy Valley), OR
- Pennsylvania
- Westmoreland Mall: 5256 Route 30, Greensburg, PA
- High Pointe Commons: 4680 High Pointe Blvd, Harrisburg, PA
- The Mall at Robinson T/C: 2000 Robinson Town Ctr, Pittsburgh, PA
- Puerto Rico
- Plaza Centro: 200 Avenida Rafael Cordero, Ste 111, Caguas, PR
- Mayaguez Mall: 975 Av. Eugenio Maria De Hostos, Ste 320, Mayaguez, PR
- Tennessee
- Wolfchase Galleria: 2756 N Germantown Pkwy, Memphis, TN
- Stones River Mall: 1720 Old Fort Pkwy, Murfreesboro, TN
- Texas
- The Parks at Arlington: 3851 S Cooper St, Arlington, TX
- Southpark Meadows S/C: 9500 S Ih-35 Ste H, Austin, TX
- Sunrise Mall: 2370 N Expwy Ste 2000, Brownsville, TX
- Lakeline Mall: 11200 Lakeline Mall Dr, Cedar Park, TX
- Post Oak Mall: 1500 Harvey Rd, College Station, TX
- Teas Crossing: 3165 Interstate 45 N, Conroe, TX
- Golden Triangle Mall: 2201 S Interstate 35 E Ste D, Denton, TX
- El Mercado Plaza: 1950 Joe Battle Blvd, El Paso, TX
- Alliance Town Center: 3001 Texas Sage Trl, Fort Worth, TX
- Baybrook Mall: 100 Baybrook Mall, Friendswood, TX
- Valle Vista Mall: 2006 S Expy 83, Harlingen, TX
- The Shops at Stone Park: 5858 E Sam Houston Pkwy N, Houston, TX
- Deerbrook Mall: 20131 Hwy 59N Ste 3000, Humble, TX
- Killeen Mall: 2100 S W S Young Dr Ste 2000, Killeen, TX
- Mall Del Norte: 5300 San Dario, Laredo, TX
- Midland Park Mall: 4511 N Midkiff Rd, Midland, TX
- New Braunfels T/C at Creekside: 215 Creekside Way, New Braunfels, TX
- Fairmont Center: 5120 Fairmont Pkwy, Pasadena, TX
- Sherman Town Center: 610 Graham Dr, Sherman, TX
- First Colony Mall: 16529 Southwest Frwy, Sugarland, TX
- Waxahachie Towne Center Crossing: 1441 N Hwy 77, Waxahachie, TX
- Virginia
- Southpark Mall: 6 Southpark Mall, Colonial Heights, VA
- Peninsula Town Center: 2071 Coliseum Dr, Hampton, VA
- Washington
- Bellis Fair: 10 Bellis Fair Pkwy, Bellingham, WA
- Columbia Center: 1321 N Columbia Ctr Blvd # 100, Kennewick, WA
- Westfield Southcenter: 1249 Southcenter Mall, Tukwila, WA
- Wisconsin
- Fox River Mall: 4301 W Wisconsin Ave, Appleton, WI
JCPenney stores remain open under new ownership
Remember that, at least for the time being, all of the JCPenney locations sold remain open but are under new ownership. Aside from selling the stores to private parties, no plans for the stores have been specified. While day-to-day shopping won’t change immediately, we’ll have to wait for more updates to hear how these store sales might affect these locations.
Related content
- 21 New Trader Joe’s Stores Are Opening in 2025 — Is Your City on the List?
- Joann Fabric Stores Are Now Permanently Closed – And Michaels Wants to Win Over Its Customers
- Walmart Raising Prices Soon — Here’s Which Products Will Cost You More This Summer
- Walmart Plus vs Amazon Prime: How the Shopping Memberships Stack Up
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Paige Cerulli is a freelance journalist and content writer with more than 15 years of experience. She specializes in personal finance, health, and commerce content. Paige majored in English and music performance at Westfield State University and has received numerous awards for her creative nonfiction. Her work has appeared in The U.S. News & World Report, USA Today, GOBankingRates, Top Ten Reviews, TIME Stamped Shopping and more. In her spare time, Paige enjoys horseback riding, photography and playing the flute. Connect with her on LinkedIn.
-
The New Reality for EntertainmentThe Kiplinger Letter The entertainment industry is shifting as movie and TV companies face fierce competition, fight for attention and cope with artificial intelligence.
-
Stocks Sink With Alphabet, Bitcoin: Stock Market TodayA dismal round of jobs data did little to lift sentiment on Thursday.
-
Betting on Super Bowl 2026? New IRS Tax Changes Could Cost YouTaxable Income When Super Bowl LX hype fades, some fans may be surprised to learn that sports betting tax rules have shifted.
-
How Much It Costs to Host a Super Bowl Party in 2026Hosting a Super Bowl party in 2026 could cost you. Here's a breakdown of food, drink and entertainment costs — plus ways to save.
-
3 Reasons to Use a 5-Year CD As You Approach RetirementA five-year CD can help you reach other milestones as you approach retirement.
-
How to Watch the 2026 Winter Olympics Without OverpayingHere’s how to stream the 2026 Winter Olympics live, including low-cost viewing options, Peacock access and ways to catch your favorite athletes and events from anywhere.
-
Here’s How to Stream the Super Bowl for LessWe'll show you the least expensive ways to stream football's biggest event.
-
The Cost of Leaving Your Money in a Low-Rate AccountWhy parking your cash in low-yield accounts could be costing you, and smarter alternatives that preserve liquidity while boosting returns.
-
This Is How You Can Land a Job You'll Love"Work How You Are Wired" leads job seekers on a journey of self-discovery that could help them snag the job of their dreams.
-
We Inherited $250K: I Want a Second Home, but My Wife Wants to Save for Our Kids' College.He wants a vacation home, but she wants a 529 plan for the kids. Who's right? The experts weigh in.
-
4 Psychological Tricks to Save More in 2026Psychology and money are linked. Learn how you can use this to help you save more throughout 2026.
