Cool Off for the Day at PREIT Properties
July 20, 2022 8:00 am Comments Off on Cool Off for the Day at PREIT PropertiesThere’s no reason to be bored when you can be entertained all day at a PREIT property! Enjoy a delicious…
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PREIT Delivers Expanding Retailers to New Markets
July 19, 2022 6:55 am Comments Off on PREIT Delivers Expanding Retailers to New MarketsPortfolio presence in key markets continues to attract growing brands with four expanding retailers opening ten stores PREIT (NYSE: PEI),…
PREIT Closes on Sale of Multi-Family Land at Moorestown Mall
July 5, 2022 6:55 am Comments Off on PREIT Closes on Sale of Multi-Family Land at Moorestown MallYear-To-Date Asset Sale Proceeds and Excess Cash from Operations Used to Reduce Debt by $82 million PREIT (NYSE: PEI), today,…
Step into Your Summer Style with PREIT Properties
June 29, 2022 8:00 am Comments Off on Step into Your Summer Style with PREIT PropertiesIt’s officially summer and we’re ready for the warm weather, cold treats, and even cooler style. Give your summer wardrobe…
PREIT Closes on Sale of Interest in Gloucester Premium Outlets, Reducing Debt by $35.4 Million
June 23, 2022 6:55 am Comments Off on PREIT Closes on Sale of Interest in Gloucester Premium Outlets, Reducing Debt by $35.4 MillionMarks key step in executing on the Company’s capital plan PREIT (NYSE: PEI), today, announced that it has sold its…
With Sales Per Square Foot Over $600, Dartmouth Mall Adds Two New Tenants
June 16, 2022 6:55 am Comments Off on With Sales Per Square Foot Over $600, Dartmouth Mall Adds Two New TenantsZumiez and Skechers Add New Offerings to The Curated Dominant Regional Mall PREIT (NYSE: PEI), today announced new additions to…
PREITs Premier Properties Continue to Grow Sales in the Face of Macro Headwinds
June 9, 2022 6:55 am Comments Off on PREITs Premier Properties Continue to Grow Sales in the Face of Macro HeadwindsPortfolio Quality Underscored by April Sales and Strong Leasing Activity at Key Assets PREIT (NYSE: PEI) (the “Company”), a leading…
PREIT Executes Purchase and Sale Agreements for $35 million
May 31, 2022 6:55 am Comments Off on PREIT Executes Purchase and Sale Agreements for $35 millionAgreement of Sale for 11 outparcels fully executed Purchase and Sale Agreement for the hotel at Springfield Town Center fully…
Traffic Continues to Grow as Shoppers Return to In-Person Experiences at PREIT Properties
April 27, 2022 3:22 pm Comments Off on Traffic Continues to Grow as Shoppers Return to In-Person Experiences at PREIT PropertiesWe ended 2021 strong as we surpassed operating and performance goals for the year. Customers have displayed enthusiasm for in-person…