An investor has backed out of purchasing the vacant JCPenney building in downtown Salem, Oregon. The buyer cited the significant, unexpected investment needed to bring the building up to code. The ...
PORTLAND, Ore. — JCPenney will sell 119 stores, including one in Oregon, five years after declaring bankruptcy as part of a $947 million deal with a Boston private equity firm. The all-cash deal to an ...
The investor set to buy the vacant JCPenney building in downtown Salem will not move forward with the purchase, citing the bigger-than-expected investment needed to bring the building up to code. Back ...
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