Triangle Town Center Placed in Forclousure!

RALEIGH, NC - Triangle Town Center has been placed into foreclosure. The future right now is very uncertain for Triangle Towm Center but I will keep you informed. The mall has five anchors Belk, Saks Fifth Avenue, Sears, Macy’s, and Dillard’s. I am concerned for the mall because it’s fairly new, 2002 to be exact. It is the same age as The Streets at Southpoint in nearby Durham, NC.

I am most concerned about Saks because they have bern the mall’s only luxury tenant since 2004. (This is Saks store at Brickell City Centre in Miami.)

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