Tag: Brookfield Property Partners

King of Prussia Mall Owner Agrees to Purchase J.C. Penney

Simon Property Group, the King of Prussia Mall owner, and Brookfield Property Partners have agreed to purchase J.C. Penney for $1.75 billion in…

New York Times: King of Prussia Mall Owner Buys J.C. Penney Out of Bankruptcy

As the real estate company Simon Property Group began buying up bankrupt retailers over the summer, the biggest source of speculation was whether there was…