The Real Deal Miami

J.C. Penney secedes from Palm Beach Mall

November 20, 2009 11:59AM

Department store J.C. Penney has closed itself off from the faltering Palm Beach mall, sealing its inside entrance after the air conditioning in that section was shut down. The mall was sued for foreclosure in April and lost anchor tenants Dillard’s and Macy’s. Sears plans a liquidation sale there in January. About 30 percent of the shopping center’s storefronts are occupied. [Palm Beach Post]