 On May 31, 2018, it was announced that Sears would be closing as part of a plan to close 78 stores nationwide.The store closed on September 2, 2018.In 2020, the mall, along with Stony Point Fashion Park in Richmond, Virginia, and The Shops at Willow Bend in Plano, Texas, got new ownership after Starwood defaulted on a loan, with Fairlane and Willow Bend being taken over by The Woodmont Company.