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Distressed Property Investor Buys Mall Recently Owned by Simon Property Group

Kohan Picks Up 1.1 Million-Square-Foot Montgomery Mall Near Philadelphia

Kohan Retail Investment Group bought Montgomery Mall in North Wales, Pennsylvania, for $55 million. (CoStar)
Kohan Retail Investment Group bought Montgomery Mall in North Wales, Pennsylvania, for $55 million. (CoStar)

Kohan Retail Investment Group, a specialist in investing in troubled malls and shopping centers, has acquired the six-property, 1.1 million-square-foot Montgomery Mall in North Wales, Pennsylvania.

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