ONALSAKA, Wis. — The New York-based Kohan Retail Investment Group, which buys struggling malls and sells off parcels, apparently has unloaded the remaining remnants if of Valley View Mall outside LaCrosse. There has been no announcement aside from a cryptic post on Valley View’s home page: “Under new ownership and management.” Kohan has 28 properties in 19 states. Most are gentrifying malls, The company’s practice been to allow facilities to deteriorate while selling off parcels.The company has a record delinquent tax and utility payments. Kohan took over Valley View Mall in 2023. It’s been a problematic few months. In 2024 the mall was closed a few days for delinquency on an electricity bill. This spring: Building inspectors closed the mall a few days as unsafe when the roof at its largest tenant, a Barnes & Noble bookstore, sprag leaks.
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