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News

Malone Plaza, Malone, New York

WP Realty, a real estate investment, development, management and leasing company headquartered in Bryn Mawr, Pennsylvania, is pleased to announce the acquisition of Malone Plaza, located in Malone, New York, on December 4, 2006.

Malone Plaza is a 179,171 square foot community shopping center strategically located along well-traveled Route 11 in northern New York. Malone is the county seat of Franklin County and is approximately 45 miles northwest of Plattsburgh. The property is situated just west of the intersection of U.S. Route 11, State Route 37 and State Route 30, which provides excellent highway access.

The center is anchored by Kmart in 86,479 square feet, together with a complementary mix of national and regional retailers such as Jo-Ann Fabrics and Fashion Bug. The property was constructed in 1991.