Private equity firm Onyx paid nearly $1B to buy 119 live JCPenney stores under net‑lease leases. No closures involved.

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The all-cash sale of 119 JCPenney properties to an affiliate of Onyx Partners, Ltd. was announced by Copper Property CTL Pass Through Trust on July 25. The companies expect a Sept. 8 closing of the ...

Onyx Partners will pay $947 million for 119 JCPenney stores, including six in Florida. One is in Panama City Beach.

Currently, all 119 JCPenney stores that are being sold remain open. It's unclear what was planned for those locations in the ...

Onyx Partners will pay $947 million for 119 JCPenney stores, including 21 in Texas, 19 in California and two in Puerto Rico.

2025’s been an ugly year for department stores in Idaho. Macy’s chose to pull out of the unusually thriving Silver Lake Mall ...

JCPenney sold 119 of its stores. Here's how Minnesota was impacted, and a list of all locations involved in the deal.

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