Kohan Realty Group faced foreclosure last summer before refinancing the mall with new debt that matures in February 2026.

The sign on the door says, “Due to unforeseen circumstances the mall is closed at this time. No entry until further notice.”

“Towne West Square was disconnected for nonpayment 7 times in the past 12 months. The mall has been owned by Kohan Retail Investment Group during these shutoffs,” said Courtney Lewis, who is the Senior Communications Manger of Media for Energy.