Looks like $15M sale for Plano location...
PURCHASE AND SALE AGREEMENT
(Existing Penney Parcel)
THIS PURCHASE AND SALE AGREEMENT (“Agreement”), is made and
entered as of August _____, 2020 (the “Effective Date”), by and between MM CCM 11JCP,
LLC, a Texas limited liability company , having an address of 1800 Valley View Lane, Suite 300
Farmers Branch, TX 75234, or its assigns (“Purchaser”), and J. C. PENNEY PROPERTIES,
LLC, a Delaware limited liability company (formerly J. C. Penney Properties, Inc., a Delaware
corporation), having an address of 6501 Legacy Drive, Plano, Texas 75024-4106 (“Seller”).