Simon, Brookfield Close to Buying JC Penney Out of Bankruptcy
Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.C. Penney out of bankruptcy and keep the chain running.
Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.C. Penney out of bankruptcy and keep the chain running.
Norwalk’s upscale SoNo Collection mall may have only just opened, but developer Brookfield Properties has already sold it.
The investment firm behind the SoNo Collection luxury mall will be including the property in its newly launched Opportunity Zone fund.
The newest luxury addition to South Norwalk will open on schedule.