Author Archives for Admin

PREIT and Merlin Entertainments to Bring Next Generation of LEGO® Discovery Centers to Serve the Washington DC Market at Springfield Town Center

February 4, 2022 6:55 am Published by Comments Off on PREIT and Merlin Entertainments to Bring Next Generation of LEGO® Discovery Centers to Serve the Washington DC Market at Springfield Town Center

PREIT (NYSE: PEI), a leading real estate investment trust focused on creating thoughtful, community-centric properties, today announced that Springfield Town…


PREIT Core Mall Sales Traverse $600 per Square Foot Milestone

January 31, 2022 6:55 am Published by Comments Off on PREIT Core Mall Sales Traverse $600 per Square Foot Milestone

PREIT, a leading real estate investment trust focused on creating thoughtful, community-centric properties, announced that 2021 closed on a high…


Spotlight on Francis Scott Key Mall

January 4, 2022 12:01 pm Published by Comments Off on Spotlight on Francis Scott Key Mall

Francis Scott Key Mall is conveniently located in Frederick, MD just minutes from Interstate 270 and Route 85 – delivering over 240,000 vehicles…


Happy Holidays from PREIT

December 22, 2021 3:13 pm Published by Comments Off on Happy Holidays from PREIT

2021 has been the year of TENACITY at PREIT. While we continued to navigate the challenges presented by the pandemic,…


PREIT Makes Meaningful Progress on Key Balance Sheet Improvement Initiatives, Securing Extension of Woodland Mall Mortgage and Unappealable Approval on Multi-Family Development at Moorestown Mall

December 15, 2021 6:55 am Published by Comments Off on PREIT Makes Meaningful Progress on Key Balance Sheet Improvement Initiatives, Securing Extension of Woodland Mall Mortgage and Unappealable Approval on Multi-Family Development at Moorestown Mall

Successful 2019 redevelopment of Woodland Mall supports valuation Secured tax incentive for Moorestown Mall to pave the way toward multi-family…


Momentum Builds with New Stores & a Focus on Community

December 7, 2021 6:14 am Published by Comments Off on Momentum Builds with New Stores & a Focus on Community

Strong results in traffic, sales and collections were common themes driving our operational success through the third quarter. Our optimism…