Everett Turnpike (U.S. Route 3) in Nashua and directly at northbound exit-only Exit 91 off US 3 in Tyngsborough, Massachusetts, the property straddles the state line, although the entire mall is in New Hampshire.

Proximity to the border has long drawn shoppers from Massachusetts seeking to take advantage of New Hampshire's lack of a sales tax.

The JCPenney store was originally built with a square corner that reached slightly across the border into Massachusetts, but was then modified to an unusual pentagonal shape at the state line to keep it entirely within New Hampshire by a few inches.

It turned the southeastern portion of the city, roughly conforming to the city's 8th ward, from a sparsely populated outlier area into a swath of financial, retail and high-density residential development that stretches from over the state border in Tyngsborough, Massachusetts, to Exit 3 of the Everett Turnpike, just south of Rivier College.

The original Jordan Marsh location in the mall is now occupied by Dick's Sporting Goods, restaurants Burtons Grill & Bar and Red Robin, and Shops Visionworks and Massage Envy Spa.

In 2011, Pheasant Lane underwent a $10 million renovation that included a redesign of the food court, new lighting and fixtures, ceramic tiles and carpeting, as well as an expansion to the number of retailers and restaurants.