CoreCivic Receives Lease Termination Notice for the California City Correctional Center from the State of California
BRENTWOOD, Tenn., Dec. 06, 2022 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE:CXW) (CoreCivic or the Company) announced today it received notice from the California Department of Corrections and Rehabilitation (CDCR) of its intent to terminate the lease agreement for the company-owned, 2,560-bed California City Correctional Center (CCCC) by March 31, 2024, due to the state’s declining inmate population.
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