Kohan Retail Investment Group
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Kohan Retail Investment Group

Kohan Retail Investment Group is a private real estate investment trust based in Great Neck, New York. The company's holdings primarily consist of shopping malls, particularly struggling properties in small-to-midsize markets. As of September 2025, the company owns 28 properties in 19 U.S. states.

Kohan has been referred to as "the last owner a mall sees", investing little in the malls it purchases and allowing mall facilities to deteriorate while selling off outparcels. The company has also attracted attention for delinquent tax and utility payments at many of its properties.

Kohan bought Northland Mall from Developers Diversified Realty for $1.8 million in late December 2008. Kohan purchased the Jamestown Mall in 2009 for $3.3 million. Staunton Mall was purchased from bankrupt First Republic Realty for $4.05 million in November 2010. In April 2011, Warren Mall was sold by Zamias for $720,000, and in April 2016 was under the ownership of Cocca Development. Lincoln Mall was purchased during foreclosure for $150,000 in June 2012, with millions owed in fines and taxes from its previous owners. Crystal River Mall was purchased for $2.8 million in 2012, and would be sold to United Realty M.T.A. LLC in August 2016. Tiffin Mall, purchased in 2012, was later sold to Key Hotel and Property Management in 2016 for $2.2 million. Macerich sold Rotterdam Square Mall to Kohan for $8.5 million on January 15, 2014. Lake Square Mall was purchased in March 2014 for $13.28 million, but would be sold to Via Properties in September with Kohan remaining manager. Staunton Mall was sold for $4.5 million in March 2014. The Orchards Mall, purchased in 2014, was sold to Durga LLC in late 2018.

PREIT sold Lycoming Mall to Kohan for $26.35 million in March 2016, who owns it under the name Lycoming Mall Realty Holding. Washington Square Mall was purchased in April 2016 for $2.5 million. Chapel Hill Mall was purchased in July 2016 by Kohan for $8.6 million. Southbridge Mall during its tax sale was purchased by Kohan for $1.5 million in September 2016. Also in September 2016, Kohan purchased Berkshire Mall for $3.5 million. Richmond Town Square was purchased for $7.25 million in November 2016. Kohan purchased six malls in 2018 for $46 million. VF Factory Outlet Mall closed in October 2017. Part of Eastland Center was purchased in 2018 for $3.125 million. Prescott Gateway Mall was sold to Kohan for $8.8 million in February 2018, half of what the previous owners purchased it for. Towne Square Mall and additional properties were purchased for $4 million in May 2018. The Esplanade in June 2018 was purchased by Kohan for $9.25 million. Valle Vista Mall was purchased for $12.5 million in mid-2018. Fort Steuben Mall was purchased for $10.75 million in December 2018.

Parts of Marquette, Michigan's Westwood Mall was sold to two different owners in February 2019, one being Kohan. Berkshire Mall was sold to Durga Property Holdings for $1 million in July 2019. Towne West Square was purchased for $14 million in July 2019. Towne Square Mall was sold for $5.15 million to Towne Square Mall Holdings LLC in December 2019. Village Square Mall was sold to Durga Property Holdings in early 2020. Ashtabula Towne Square and other properties was purchased for $10.2 million in February 2020. Ownership of the Seminole Towne Center was transferred to Kohan in March 2020. Virginia Center Commons was sold to VCC Partners LLC and Shamin VCC LLC in early 2020 for $8.3 million. Kohan later sold another Virginia Center Commons anchor building for $4.1 million to Impact Investments Group LLC in April 2020. Clearview Mall in Butler, PA was taken over by Kohan in June 2020. Findlay Village Mall was sold to Kohan for $4 million in September 2020. Kohan purchased the Burnsville Center's debt at auction for $18 million in October 2020.

The Outlets of Little Rock were purchased for $10 million in January 2021. Central Mall Lawton was sold to Lawton, Oklahoma for $14.6 million in January 2021. Prizm Outlets was purchased by Kohan at auction for $1.525 million in January 2021. Kohan purchased both the Birchwood Mall and Westwood Mall in February 2021, paying $5.6 million for Birchwood. Chapel Hill Mall was sold by Kohan to Industrial Commercial Properties in March 2021. Lansing Mall was purchased for $9.2 million in March 2021. Oak View Mall was purchased for $7.5 million in April 2021. McKinley Mall was sold to Kohan for $8.5 million in July 2021 despite protests from local business and government about the sale price. Wyoming Valley Mall was sold to Kohan for $17 million in August 2021. Kohan purchased the Triangle Town Center for $33.25 million in November 2021. Montgomery Mall while in foreclosure was purchased for $55 million in November 2021.

The Crossroads in Portage, Michigan was purchased by Kohan in January 2022 for $25 million. NorthTown Mall was purchased for $49 million in February 2022. Part of the Burnsville Center was sold to Pacific Square Burnsville LLC for $10.6 million in February 2022. Fort Steuben Mall was sold by Kohan to Brookwood Capital in February 2022. Brass Mill Center and Brass City Commons was sold to Kohan for $44.9 million in April 2022. Indiana Mall was purchased in April 2022 for $6.9 million. Fashion Square Mall was purchased at auction in September 2022 for $10.8 million. In November 2022, PREIT sold Cumberland Mall to Kohan Retail Investment Group for $45 million. The Mall at Robinson was purchased for $46 million from QIC in November 2022. Santa Fe Place was acquired in January 2023. In March 2023, Fairlane Town Center was sold to the Kohan Retail Investment Group. Kohan then bought Lima Mall for $12 million in April 2023. Southern Park Mall was purchased by Kohan for $24.1 million in December 2024. In 2025, Collin Mertz, a manager at Touchdown Gifts located inside Southern Park Mall reported he was hung up on by Kohan employees multiple times after inquiring about Southern Park.

Woodville Mall, purchased by Kohan in 2009, was closed in December 2011 by court order and demolished in March 2014 due to its poor material condition.

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