Pennsylvania Real Estate Investment Trust, founded in 1960 and one of the first equity REITs in the U.S., has a primary investment focus on retail shopping malls and power centers. Currently, the Company's portfolio consists of 54 retail properties including 38 shopping malls, 13 strip and power centers, and three properties under development. The Company's properties are located in the eastern half of the United States, primarily in the Mid-Atlantic region. PREIT is headquartered in Philadelphia, Pennsylvania.

PREIT's management affiliates, PREIT-RUBIN Inc. and PREIT Services LLC, Inc., oversee a diversified portfolio of regional malls, power and strip centers, encompassing over 34 million square feet of retail space in 13 states.

Our full complement of real estate capabilities, including Leasing, Acquisition, Development, Construction Management, Specialty Leasing, Property Management and Marketing enable us to get the most traffic and sales volume from every square foot of retail space.

Our multi disciplined, entrepreneurial and creative approach to maximizing real estate value allows us to recognize opportunities and take advantage of them. And our depth of experience in the shopping center industry, balanced with our ability to anticipate future trends, translates into value for our retailers, our clients, our shareholders and our shoppers.