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October 15, 2020

Anchorage agency to buy JC Penney garage, Nordstrom building

ANCHORAGE (AP) — The Anchorage Community Development Authority has announced an agreement to purchase the JCPenney parking garage and JCPenney's majority ownership of the former Nordstrom building.

The organization said its board of directors approved the investment in the downtown properties in an attempt to guide the area's future, Alaska Public Media reported Tuesday.

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