Kohan Retail Investment Group
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Kohan Retail Investment Group
Kohan Retail Investment Group is a shopping mall investment company based in Great Neck, New York. They “specialize” in malls and retail spaces as well as hotels. History 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 mi ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Chapel Hill Mall
Chapel Hill Mall was a shopping mall located at 2000 Brittain Road in Akron, Ohio, United States. Built by Richard (R.B.) Buchholzer and Forest City Enterprises, it opened on October 12, 1967. They continued to own the mall until 2004, when it was sold to the Chattanooga, Tennessee company CBL & Associates Properties, Inc., who owned it until 2014. At its peak the mall featured more than 100 stores, with Sears, J. C. Penney, and Macy's as anchor tenants. History Chapel Hill Mall sits on land once owned by Richard Buchholzer's father, J.J. Buchholzer. During the Great Depression, J.J. Buchholzer became owner of a Hower's department store in downtown Akron. The Buchholzers knew Akron would grow to the north, and they felt that a Hower's store should be located on their land. It later became evident that even larger opportunities existed, and the natural choice was a climate-controlled shopping mall. Buchholzer teamed up with Forest City Enterprises to build Akron's first in ...
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Virginia Center Commons
Virginia Center Commons (VCC) was an enclosed shopping mall located in Glen Allen, Virginia, near the state capital of Richmond. Built in 1991, Simon Property Group owned the mall until 2014 when it was split off to Washington Prime Group. In January 2017, the mall was sold again to Kohan Retail Investment Group. History When VCC first opened, it siphoned off a significant amount of business from 3 other area malls: Azalea Mall, Fairfield Commons (formerly Eastgate Mall) and Willow Lawn. In the case of Azalea Mall, it took enough business away to relegate that mall to "dead mall" status and Azalea Mall was subsequently closed and demolished. It took the Sears anchor away from Fairfield Commons and sent it almost to the same point. That mall closed in 2015 for redevelopment into a smaller open-air mall. It also took the JCPenney anchor away from Willow Lawn and led Willow Lawn to eventually reposition itself as more of a community shopping center than a regional shopping destina ...
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Seminole Towne Center
Seminole Towne Center is a super-regional enclosed mall located in Sanford, Florida, north of Orlando at the intersection of I-4 and SR 417. It has of gross leasable space. Current anchors are JCPenney, Dillard's, Dick's Sporting Goods, & Elev8 Fun, With 2 vacant anchors which are the former Macy's & Burlington History The mall opened in 1995 with Dillard's, JCPenney, Sears, Burdines, and Parisian (became McRae's in 2004 and Belk in 2006 instead of becoming Belk in 2007 like most of the other Parisian stores including The Avenues). Following that store's closure in 2010, the space is now Burlington (Closed in 2022) and Dick's Sporting Goods since 2012. Dillard's also opened a store at Pembroke Lakes Mall by the time of the mall's opening, while Parisian opened another Florida store at The Avenues a year before. Ivey's (who also wanted to open at The Avenues and The Florida Mall) and Maison Blanche (which was to build stores at Westfield Brandon and Westfield Citrus Park) have ...
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Ashtabula Towne Square
Ashtabula Towne Square, formerly Ashtabula Mall, is an enclosed shopping mall serving the city of Ashtabula, Ohio, United States. It has the capacity for 70 stores as well as a food court. The mall does not have an open anchor store. The mall has six vacant anchors last occupied by Sears, Steve & Barry's, Super Kmart, JCPenney and two locations of Dillard's. The mall has a gross leasable area of . History Ashtabula Towne Square opened in 1992 as Ashtabula Mall. The mall featured Dillard's, JCPenney, Kmart (later expanded into a Super Kmart), Phar-Mor, Carlisle's, and Sears as anchor stores. The Kmart and Phar-Mor stores were both prototypes, with the latter also being that chain's 300th store."Phar-Mor cuts ribbon #300" http://findarticles.com/p/articles/mi_m3374/is_n15_v14/ai_12511786 While Sears and Phar-Mor opened in August of that year, the mall itself did not open until the fall. Carlisle's closed in 1994 with the chain's demise and was later converted to a Dillard ...
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Towne West Square
Towne West Square is an enclosed shopping mall located in Wichita, Kansas, United States. Opened on Friday, March 6, 1981, it comprises more than 50 stores in of gross leasable area. The mall's three anchor stores are Dick's Sporting Goods, Dillard's Clearance Center and JCPenney. The original anchor stores in the mall were: Dillard's, Henry's, JCPenney, Montgomery Ward and Service Merchandise (formerly Wilson's Catalog Showroom). Henry's closed in 1988. The structure was later sealed off from the rest of the mall and currently houses 54 West Music Hall. Sears opened in 1993 (12 years after the rest of the mall) moving a store from the open air Twin Lakes Shopping Center. Montgomery Ward closed in March 05, 2001 due to filing for bankruptcy, alongside the Wichita Mall store. Sears closed in December 2014. Their anchor store structure was taken over by Convergys and converted to office space, which was no longer accessible from the interior of the mall. In 2017, Dillard's clos ...
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Marquette, Michigan
Marquette ( ) is a city in Marquette County in the U.S. state of Michigan. The population was 20,629 at the 2020 United States Census, which makes it the largest city in the Upper Peninsula. Marquette serves as the seat of government of Marquette County. Located on the shores of Lake Superior, the city is a major port, known primarily for shipping iron ore. The city is partially surrounded by Marquette Charter Township, but the two are administered autonomously. Marquette is the home of Northern Michigan University. History The land around Marquette was known to French missionaries of the early 17th century and the trappers of the early 19th century. Development of the area did not begin until 1844, when William Burt and Jacob Houghton (the brother of geologist Douglass Houghton) discovered iron deposits near Teal Lake west of Marquette. In 1845, Jackson Mining Company, the first organized mining company in the region, was formed. The village of Marquette began on Septemb ...
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Fort Steuben Mall
Fort Steuben Mall is an enclosed shopping mall located on Mall Drive in Steubenville, Ohio. Opened in 1974, it features Walmart and JCPenney as its anchor stores. There are 2 vacant anchor stores that were once Sears and Macy's. History The mall opened in 1974 with original anchors including Sears and Kaufmann's. The Kaufmann's store was the first in the chain to be located in a shopping mall. Goodman Company, a real estate company owned by Murray H. Goodman, built the mall. A 1975 expansion added 25 more stores and a third department store, Ashtabula, Ohio-based Carlisle's. An original tenant, Zales Jewelers, won a design competition in that chain upon opening. In 2000, the mall was slightly renovated, while also remodeling the Sears and Kaufmann's stores. Walmart opened at the mall in 2002. Sears closed in 2016, followed by Macy's, which acquired the Kaufmann's chain, in 2017. The Kohan Retail Investment Group Kohan Retail Investment Group is a shopping mall investment compan ...
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Valle Vista Mall
Valle Vista Mall is a regional shopping mall located in Harlingen, Texas, off Interstate 2 ( Expressway 83) at the intersection of Dixieland Road and Tyler Avenue. It has of gross leasable area. It is anchored by Big Lots, Dillard's, Gold's Gym, J. C. Penney, Urban Air, and Rack Room Shoes with one vacant anchor last occupied by Sears. In 2017 Forever 21 Forever 21 is a multinational fast fashion retailer headquartered in Los Angeles, California, United States. Originally founded as the store Fashion 21 in Highland Park, Los Angeles in 1984,Forever 21History & Facts, n.d. Retrieved 27 April 2014 ... closed its location for good, On October 15, 2018, it was announced that Sears would be closing as part of a plan to close 142 stores nationwide., in 2019 Urban Air Trampoline Park replaced the former Forever 21. References Shopping malls in Texas Shopping malls established in 1983 Buildings and structures in Harlingen, Texas 1983 establishments in Texas Kohan Retail I ...
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The Esplanade (Kenner, Louisiana)
The Esplanade, also known as Esplanade Mall, is a suburban shopping mall located in the New Orleans suburb of Kenner, Louisiana, United States. Its anchors are Dillard's Clearance Center, 3.6.5+ by image, Target, and Regal Cinemas' Regal Grand Esplanade & GPX. Its former anchors are D. H. Holmes, Macy's (the first Macy's in Louisiana), and Mervyn's. It opened in September 1985 and was owned by the Simon Property Group, who acquired it when they acquired the Mills Corporation in 2007. It is now owned by Kohan Retail Investment Group. History The mall was built and opened on October 9, 1985. The original owners were Cadillac Fairview. The mall's original anchors were D. H. Holmes, Leon Godchaux, and Mervyn's. A Macy's was added in 1986. The Mills bought it in 2003 and planned to add new retail including two new anchors (Target and Bass Pro Shops), as well as a new movie theater, but the plan fell through as the Mills faced financial difficulties. Dillard's acquired the former D. H. H ...
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Towne Square Mall
Towne Square Mall is a defunct shopping mall located in Owensboro, Kentucky. History Towne Square Mall was built by David Hocker and Alan Squitieri for $20 million, with Squitieri later being bought out. It opened on March 1, 1978, and was one of the largest shopping centers in the area. JCPenney moved to the mall from downtown. Heitman Advisory Corporation ( Heitman Financial) purchased most of the malls shares in 1987. Hocker and Associates continued as management. TS Partners (Heitman Real Estate Fund III and Southwestern Bell Corporation Master Pension Trust) sold the mall for $29 million to Aronov Realty Management and NationsBank of Texas in 1998. Lakestar Properties purchased the mall for $29 million in April 2007 from Aronov Realty Management. Sears closed in December 2014. U.S. Bank National Association foreclosed on the mall in July 2015, with the mall owing $27.6 million. Jones Lang LaSalle managed the mall as its receiver. U.S. Bank later purchased the mall at auctio ...
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Prescott Gateway Mall
Prescott Gateway Mall is an enclosed shopping mall in Prescott, Arizona. Opened on March 8, 2002, it includes JCPenney, Dillard's, and Bed Bath & Beyond as its anchor stores. History Westcor first announced plans to build a mall east of Prescott on Arizona State Route 69 in 1998. The decision was met with local opposition from members of the community, and petitioned for a referendum after city council approved a change in zoning. Under Westcor's original plans, the proposed mall would have JCPenney, Sears and Dillard's as anchor stores. The former two stores were already anchors at an existing mall, Ponderosa Plaza, but the managers of both stores considered their existing locations too small. Following the referendum, a lawsuit was filed over the agreement made between the city and mall developers. The lawsuit was later dropped. Construction began on the mall in 2001. Besides the three anchor stores, other confirmed tenants at the mall included Barnes & Noble and Linens ...
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