Frank Ullman, VP of Port Washington, NY-based Cedar, says theportfolio's occupancy is above 95%. A spokeswoman for WP tellsGlobeSt.com the company is selling them "because they're stabilizedproperties in an earlier fund that we are winding down."

The centers are: West Bridgewater Plaza, a 138,000-sf center inWest Bridgewater, MA, about 30 miles south of Boston, which isanchored by Shaw's supermarket and Big Lots; Kings Plaza, a168,000-sf asset in New Bedford, MA, which is anchored by AJWright, Ocean State Job Lot and Work Out World; Groton ShoppingCenter, a 118,000-sf property in Groton, CT, anchored by TJ Maxx;Carman's Plaza, a 195,000-sf asset in Massapequa, Long Island, NY,anchored by Pathmark, AJ Wright, Best Fitness, Duane Reade and aNew York State motor vehicles location; Yorktowne Plaza, a159,000-sf center in Cockeysville, MD, 15 miles north of Baltimore,which is anchored by Food Lion and Rite Aid, and Circle Plaza, a92,000-sf center in Shamokin Dam, PA that is leased to Kmart.

Kings Plaza is immediately adjacent to Cedar's FieldstoneMarketplace in New Bedford, which was previously acquired from WPand is anchored by a Shaw's supermarket. Circle Plaza is about 30miles from Cedar's Loyal Plaza in Williamsport, PA and 55 milesfrom its properties and offices in Camp Hill.