JCPenney store from 1974 single-handedly blocks historic mall demolition project but its future hangs in balance

A JCPENNEY could prevent the demolition of a historic mall, leaving the future of the property unclear for local consumers. It comes as the department store chain has already been forced to exit several longstanding shopping centers this year. Despite an $11 million deal closing on September 28 that gave Threshold Capital control of the...

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