Barricades block the main entrance to what was once the large rotunda of JC Penney’s headquarters in Plano. For the sake of the windows, there are rows and rows of desks that have been cleaned out with signs on them that say “Done”.
At the end of its bankruptcy case and after not paying rent on the site for several months, the department store chain has quietly left headquarters.
Penney, who has been reorganized in bankruptcy since May, declined to comment on his status as a corporate firm. It is behind on its lease, but has not yet asked the court to reject the Legacy Drive lease. Penney had a 15-year lease and paid rent of $ 2.45 million a month before his bankruptcy.
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