Former Portland Timbers player Nat Borchers, owner of Back Line Real Estate, is under contract to purchase the former JCPenney building in downtown Salem. Borchers plans to revitalize the ...
PORTLAND, Ore. — JCPenney will sell 119 stores, including one in Oregon, five years after declaring bankruptcy as part of a $947 million deal with a Boston private equity firm. The all-cash deal to an ...