(NEXSTAR) — More than 100 JCPenney stores will soon have a new owner.

Boston-based Onyx Partners, Ltd. has entered into a purchase and sale agreement with Copper Property CTL Pass Through Trust to buy 119 JCPenney properties, according to a press release. The $947 million all-cash deal is expected to close before September 8.

Somewhere between $928 million and $932 million will be distributed to JCPenney's creditors, principal financial officer Larry Finger said this week, USA Today reported.

Onyx Partners, JCPenney, and Copper Property did not immediately respond to Nexstar's request for additional information. However, in a statement to USA Today and other outlets, a spokesperson for JCPenney said all impacted stores will remain operational as the deal "represents a change in landlord."

Overall, 121 stores across 35 states were included in the portfolio, though some were previously sold to Simon Property Group and Brookfield Asset Management. Those stores are listed below:

Arkansas

• Little Rock: Shackleford Crossing - 2600 S Shackleford Road
• Jonesboro: The Mall at Turtle Creek - 3000 E Highland Drive Suite 516

Arizona

• Glendale: Arrowhead Towne Center - 7750 W Arrowhead Towne Center
• Goodyear: Palm Valley Cornerstone - 13333 W McDowell Road
• Mesa: Superstition Springs Mall - 6525 E Southern Avenue
• Yuma: Yuma Palms Regional Center - 1375 S Yuma Palms Parkway

California

• Arcadia: Westfield Santaanita - 400 S Baldwin Avenue
• Antioch: The Orchard at Slatten Ranch - 4951 Slatten Ranch Road
• Bakersfield: Valley Plaza - 2501 Ming Avenue
• Brea: Brea Mall - 400 Brea Mall
• El Centro: Imperial Valley Mall - 3351 S Dogwood
• Escondido: Westfield North County - 290 E Via Rancho Parkway
• Fairfield: Solano Town Center - 1330 Travis Boulevard
• Glendale: Glendale Galleria - 1169 Glendale Galleria
• Huntington Park: Huntington Park CBD - 6420 S Pacific Boulevard
• Montebello: The Shops at Montebello - 1600 Town........
  

  © The Hill