Hickory Point Mall, Bristol Mall Among Properties to Be Hard Hit by J.C. Penney Closings

J.C. Penney’s announcement that it will be closing 33 of its stores in 2013 was bound to cause pain to some landlords. According to a recent report from Morningstar Credit Ratings LLC, there are at least four malls where the scheduled closings are likely to cause major problems.

For example, Hickory Point Mall, an 824,102-sq.-ft. property in Decatur, Ill, features both J.C. Penney and Sears as anchors, not a good combination given the dismal outlooks for both re

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