Kohan Retail Investment Group’s portfolio includes 55 malls nationwide, in addition to NorthTown Mall, according to the firm’s website.

Kohan declined to comment further on expansion plans in the state. The mall transaction marks Kohan Retail Investment Group’s entry into the Washington market. Previous anchor tenant Sears closed in 2019, followed by Macy’s last year. Some of the mall’s tenants include Barnes & Noble, Kohl’s and J.C. The mall’s current occupancy is about 80%, Kohan said. NorthTown Mall has more than 955,300 square feet of retail space with 100 stores. Kohan’s legal name is Mehran Kohansieh, which was recorded on the sale deed.īrookfield Properties did not respond to a request for comment. 11, according to documents from the Spokane County Recorder’s Office.

“We are looking for more tenants and want to work with locals who want to open up stores,” Kohan said. for $49 million from Brookfield Properties, a New York-based real estate company, Kohan CEO Mike Kohan said Thursday. Kohan Retail Investment Group, of Great Neck, bought NorthTown at 4750 N. If you have any questions about r/Spokane, don't hesitate to message the moderators.A New York-based investment firm has acquired NorthTown Mall, with plans to attract new tenants and boost occupancy. We will remove posts, comments and content suggesting Covid-19 isn't a danger to our community, that masking and social distancing aren't effective, or promoting other behavior that can harm your fellow Spokanites. Rule 6: No sensationalizing news, history, or other primary source titles. Covid is a hoax, Pizzagate, vaccines are the mark of the devil, etc.) Rule 5: We encourage diversity of ideas and civil disagreement but we do not allow unreasonably dangerous or misleading information (e.g. (If the post is more than a year old, you can ask again.) Rule 4: You can ask any question you'd like, but we do ask that you use the search function before posting.

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