Feeling the pinch from several different areas, Oxford’s Quintard Mall is in foreclosure.
Marketing director Brooke McCulley said the mall’s ownership and management are in negotiations to purchase the mall and “feel confident that this situation will be resolved in a timely manner.”
Notice of the foreclosure was published earlier in the week.
In a statement, McCulley cited the national economy, several tenant bankruptcies and loss of revenue from Internet sales as factors that have weighed against the mall.
Quintard Mall has been a vital part of the community for forty-four years and will continue to be your regional shopping destination.