REAL ESTATE

Coyote Management and Garrison Investment acquire Central Mall

BY CSA STAFF

Salina, Kan. — Addison, Texas-based Coyote Management, L.P. and Garrison Investment Group said they have acquired, through their affiliates, Central Mall, in Salina, Kan.

The 486,444-sq.-ft. enclosed regional mall is anchored by Dillard’s, J.C. Penney and Sears, and also features a 10-screen Showplex Cinemas and key major tenants Jo-Ann Fabrics and Old Navy.

The newly acquired property augments the existing 2.8 million sq. ft. currently owned by Coyote Management.

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REAL ESTATE

WP Realty acquires Mayfair Shopping Center

BY CSA STAFF

Philadelphia — Bryn Mawr, Pa.-based WP Realty said it has acquired Mayfair Shopping Center, located in Philadelphia.

Mayfair is a single-story, 115,411-sq.-ft. community shopping center comprised of four buildings, including one bank pad (Wachovia). The center is anchored by national and regional retailers including Shop ‘n Bag, Dollar Tree and Fashion Bug.

Mayfair Shopping Center is currently 86% occupied with 16,339 sq. ft. of available retail space.

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REAL ESTATE

GNC at opens at Merchants Park

BY CSA STAFF

Houston — Centro Properties Group said that General Nutrition Center has opened a 1,600-sq.-ft. store at Merchants Park, in Houston.

Centro Properties Group, based in New York City, is the owner of Merchants Park.

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