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Hood Commons, Derry, New Hampshire

WP Realty, a real estate investment, development, management and leasing company headquartered in Bryn Mawr, Pennsylvania, is pleased to announce the acquisition of Hood Commons, located in Derry, New Hampshire, on June 23, 2006.

Hood Commons is a 209,138 square foot community shopping center situated at the junction of Pinkerton Street and Crystal Avenue (Route 28) in the middle of the town of Derry. Derry is located in the busy retail corridor between Manchester and Salem. The property has excellent visibility and access with three entrances, and is close to I-93, New Hampshire Routes 28, 102 (the primary local routes in the area) and By-Pass 28. Interstate 93 passes directly through Derry, and Hood Commons is approximately one mile from Exit 4.

The center is anchored by Shawís Supermarket in 67,221 square feet. Other tenants include Big Lots, Fashion Bug and Family Dollar. There are also two separate pad sites available for development. The property was constructed in 1968 and renovated in 1989.