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Deal To Sell New Bern & Wilson Malls Falls Through

Big changes for New Bern's Twin River's mall were shot down now that a deal to sell it and ten other malls has fallen through.

Atlanta-based Hendon Properties announced on Tuesday that it decided not buy the malls, which also included the Wilson mall. Various newspaper reports say turmoil in the credit markets is to blame.

Some customers say they were expecting more stores and more restaurants and maybe even a facelift. Belk and J.C. Penney are currently the only staples holding down the New Bern mall.

Hull Storey Retail group will remain owner of the New Bern and and the Wilson malls.


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