Quintard Mall Foreclosure
A legal advertisement published today indicates that the Quintard Mall is in foreclosure. Mall spokesperson Brooke McCulley tells us in a statement that the foreclosure is a result of the sluggish economy, losing numerous tenants due to bankruptcies and a drop in revenue due to increasing Internet sales. McCulley stresses that mall officials are confident they will resolve the issue in a timely manager. She adds that they are negotiating with a special servicer to purchase the mall from them.