Kohan Retail Investment Group's Portfolio of Malls and Properties

Kohan Retail Investment Group is a significant player in the retail industry, with a diverse portfolio of malls and properties. Their investment strategy has allowed them to expand into various regions.

One of the notable malls in their portfolio is the Westfarms Mall in Connecticut, which they acquired in 2015. This mall is a major shopping destination in the state.

Their investment in the Westfarms Mall has been a successful one, with the mall continuing to attract a large customer base.

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Birchwood Mall is doing well under Kohan Retail Investment Group's ownership, with plans to bring in new retail and nonretail tenants.

The mall's location is ideal, and once the border opens, it's expected to be bustling with customers.

Rob Crawford, Fort Gratiot Township supervisor, has had positive interactions with the local management, and the township has been up to date on utility bills.

The mall has even gotten its first tax bill since purchasing the property in February, which came out to $123,759.

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Birchwood Mall's previous owners did a lot of maintenance work on the roofs, HVAC systems, and electricity prior to selling it, which might be a factor in its success.

The company is optimistic about the mall's future, with one owner, Stadnik, saying there's been a big difference in just five months.

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The Adrian Mall, another property owned by Kohan Retail Investment Group, has faced significant issues. It was condemned last year due to the owner's failure to fix a roof that led to storm water infiltration.

The city of Adrian gave Kohan a timeline to make roof repairs, but there was no follow-through. This lack of action led to mold growth in the structure.

The mall is currently for sale, with a couple of interested parties. However, it's unlikely that any of them plan to reopen the mall.

In contrast to the Adrian Mall, the Westwood Mall in Marquette Township has had success with Kohan Retail Investment Group.

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The fate of Birchwood Mall is looking up.

The mall's new owners, Kohan Retail Investment Group, are optimistic about its future.

They've already started discussing potential new tenants, both retail and nonretail, to bring in fresh traffic to the mall.

One of the mall's previous owners did a lot of maintenance work on the roofs, HVAC systems, and electricity, which should make it easier for Kohan to take over.

The township supervisor, Rob Crawford, is also hopeful for the mall's success, especially with its ideal location.

He's noticed a big difference in the mall since Kohan took over, and he's looking forward to seeing new businesses fill the "niche" spots, like The Gaming Lab and the bakery.

With the border opening and Canadian customers returning, the mall is expected to become a bustling hub.

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Kohan Retail Investment Group has been making headlines with its mall acquisitions and sales.

The company recently acquired NorthTown Mall in Spokane, Washington, for $49 million from Brookfield Properties.

Kohan Retail Investment Group has a portfolio of 55 malls nationwide.

One of the company's goals is to revitalize malls into hybrid spaces that include entertainment, food, retail, and events.

Birchwood Mall, another property acquired by the company, has a unique advantage due to its previous owners' maintenance work on the roofs, HVAC systems, and electricity prior to selling it.

The mall's location is ideal, and once the border opens, Canadian customers will be able to return, making the mall a busy spot.

NorthTown Mall has over 955,300 square feet of retail space with 100 stores, and its current occupancy is about 80%.

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NorthTown Mall in Spokane, Washington, has been acquired by Kohan Retail Investment Group for $49 million. The mall has over 955,300 square feet of retail space with 100 stores and an occupancy rate of around 80%.

Some of the mall's tenants include Barnes & Noble, Kohl's, and J.C. Penney Co., while Sears and Macy's have closed in recent years. The mall's transaction marks Kohan Retail Investment Group's entry into the Washington market.

Kohan Retail Investment Group's portfolio includes 55 malls nationwide, and the firm aims to revitalize malls into a hybrid space with entertainment, food, retail, and events.

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Esplanade Mall, Kenner, LA, is a notable example of a mall that fell into disrepair. The property was put up for sale at sheriff’s auction due to the owner, Kohan, being $300,000 in arrears on taxes.

City officials in Kenner hired a landscaping firm to manicure the Esplanade Mall after weeds took over.

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Indian River Mall in Vero Beach, Florida, had a close call when authorities threatened to cut off power due to Kohan's failure to pay its electric bills for three months. The company had bounced a check for an earlier payment.

Kohan paid the bill two hours before the deadline and was required to pay a $210,000 deposit. This incident highlights the financial struggles that some malls are facing.

The mall's financial issues are likely due to the increasing competition from e-commerce, which has significantly changed the economic performance of regional malls in the past decade.

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