Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

New Details Reveal How Much Simon, Brookfield Are Paying for JCP Rent

What are the pains and actions brands across the industry are taking to try and become consumer-led? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

Simon Property Group and Brookfield Asset Management are paying an initial annual base rent of $156.6 million for JCPenney leases. The two mall operators were the mass retailer’s largest landlords at the time bankrupt J.C. Penney filed its Chapter 11 petition in May last year. A regulatory filing with the Securities and Exchange Commission on…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands