Calhoun Outlet Marketplace operates as an outlet center in Calhoun, Georgia, positioned on I-75 between the tourist centers of Chattanooga, Tennessee (home to Rock City and the Tennessee Aquarium) and Atlanta (home to Six Flags Over Georgia). The property previously operated as Prime Outlets Calhoun and, more recently, Calhoun Premium Outlets under Simon Property Group; Simon has since sold the property to Kohan Retail Investment Group, which now operates it under the Calhoun Outlet Marketplace name.
The property carries roughly 27 to 50 stores and 2 restaurants, with Coach, Polo Ralph Lauren, Ann Taylor, American Eagle, Express, Tommy Hilfiger, Old Navy Outlet and Nike among the tenant mix.
That ownership transition, from Simon Property Group, the largest US mall operator, to Kohan Retail Investment Group, a firm known for acquiring smaller and secondary-market retail properties, reflects a common pattern among this batch’s properties: large national REITs progressively shedding their smaller, lower-tier outlet and mall assets to specialist buyers focused on that segment of the market.
