The Ardent Cos. picks up distressed Kennesaw mall, Town Center at Cobb, for $51.75M

  • 7/17/2026

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Atlanta Business Chronicle

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Highlights
The Ardent Cos. picked up Town Center at Cobb in Kennesaw through foreclosure.
It had lended the previous owner $46.7 million in 2024.
Other large malls in metro Atlanta are being redeveloped, but plans are unclear here.

The Ardent Companies
Jay Douglas | Executive Director
The Ardent Companies
Scott Werbel | Managing Director, Acquisitions & Bridge Loan Origination
Kohan Retail Investment Group
Mehran "Mike Kohan" Kohansieh | Principal

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