Alexandria Real Estate Equities, Inc. (NYSE:ARE) acquired JCPenney Shopping Center from Copper Property CTL Pass Through Trust for approximately $110 million on September 14, 2021. Steve Golubchik and Nicholas Bicardo of Newmark acted as a broker to the transaction. Alexandria Real Estate Equities, Inc. (NYSE:ARE) completed the acquisition of JCPenney Shopping Center from Copper Property CTL Pass Through Trust on September 14, 2021.