WP REALTY ACQUIRES PHILADELPHIA SHOPPING CENTER
PHILADELPHIA — Bryn Mawr, Pa.-based WP Realty has acquired Mayfair Shopping Center, a 115,411-square-foot community retail property located in Philadelphia. The center was 86 percent occupied at the time of closing by a tenant roster that included anchors Shop 'n Bag, Dollar Tree and Fashion Bug. Additional retailers included GameStop, Radio Shack, Foot Locker, Payless Shoesource, Hallmark and Wachovia. The seller's name and purchase price were not disclosed.