The Winona Mall will be under new management, after its purchase early this week.

Local landlord John Alexander bought the building from the Winona Mall, Inc., based in Clear Lake, Iowa, for $5 million.

Alexander said he hadn’t initially planned to make the purchase, but had been looking into the building and the opportunity presented itself.

“It kind of just happened,” Alexander said. “Everything fell into place.”

Winona Mall sells for $5M