Triangle Town Center


Triangle Town Center is a shopping mall in Raleigh, North Carolina. It is located in North Raleigh off U.S. Highway 1 and Interstate 540. The mall is managed by Spinoso Real Estate Group.

History

Triangle Town Center opened in August 2002 with anchors Hudson Belk, Sears, Dillard's, and Hecht's. Saks Fifth Avenue, the state's first, opened later in 2004. The mall features a two-level Barnes & Noble, which serves as a junior anchor.
On October 10, 2018, a water main broke causing the mall to evacuate and close early. The mall reopened a week later, with some stores closed for several months to renovate their stores, including H&M, Kay's Jewlerers, and Zales Jewlerers.

Data

On July 2, 2019, CBL and Associates, the previous owner of Triangle Town Center, was "heading into foreclosure" after defaulting on the mall's $171 million loan. The first bids for the mall were made on July 11, 2019.. It was purchased by LNR Partners