Malan sells shopping center, vacant land

Malan Realty Investors sold a 96,268-square-foot shopping center in Fairview Heights, Ill. and a parcel of vacant land in Lawrence, Kan.

The total value of the transactions was approximately $2.9 million.

The buyer's identity was not disclosed in either transaction.

Malan Realty Investors Inc. is a self-administered real estate investment trust that owns and manages commercial properties.

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