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PREIT, the owner of Exton Square Mall, is set to go private after it emerged from bankruptcy protection for the second time in four years…
The Exton Square Mall has remained up for sale under PREIT’s new leadership, writes Paul Schwedelson for the Philadelphia Business Journal.
The Philadelphia company…
PREIT, the Philadelphia-based owner of the Exton Square Mall and others, is looking to add as many as 7,000 apartments to six of…
A 1031 exchange allows investors to sell a real estate property and exchange it for another property if the conditions are met. A 1031 exchange…
PREIT, a leading operator of diverse retail and experiential destinations, is taking steps to execute a comprehensive reorganization to strengthen its balance sheet, reduce its…
Joseph Coradino, CEO of PREIT, owner of the Exton Square Mall, took a hard look at its portfolio well before the onset of the pandemic…
Philadelphia-based PREIT could be heading for another bankruptcy filing just under a month before its credit facilities with a $1.1 billion balance are…
PREIT, which owns retail properties including the Exton Square Mall, avoided what could have been a major leadership shakeup by rejecting resignations from seven board…
Exton Square Mall owner PREIT has a huge bill due at the end of this year. The real estate company accrued $1 billion in debt…
Due to a lack of shareholder votes, seven out of nine board members of PREIT have tendered their resignations, and while they are not official…
PREIT is still searching for a buyer for Exton Square Mall to shore up cash as a pivotal loan deadline inches closer, writes Paul Schwedelson…
Pennsylvania Real Estate Investment Trust, the owner of Plymouth Meeting Mall and Willow Grove Park Mall, is being booted off the New York Stock Exchange…
The Pennsylvania Real Estate Investment Trust (PREIT) is planning to sell Exton Square Mall as it tries to raise funds to pay down its debt…
PREIT, which agreed in the first quarter of the year to sell Exton Square Mall to Brandywine Realty Trust, has made progress on its debt…
The Pennsylvania Real Estate Investment Trust (PREIT) has agreed to sell Exton Square Mall to Brandywine Realty Trust for $27.5 million, writes Natalie Kostelni…
PREIT, which owns Exton Square Mall, has dismissed its auditor, KPMG, and has brought on a new accounting firm, according to the SEC. Natalie Kostelni…
The Pennsylvania Real Estate Investment Trust (PREIT), which owns Exton Square Mall, has “substantial doubt” about being able to remain in business over the next…
The Pennsylvania Real Estate Investment Trust (PREIT), which owns Exton Square Mall, faces another challenge as it continues to struggle to get its share price…
Pennsylvania Real Estate Investment Trust (PREIT), the owner of Exton Square Mall, closed 2021 on a high note with core mall rolling 12-month sales…
As its shares continue to linger under $1, Pennsylvania Real Estate Investment Trust, the owner of Exton Square Mall, is facing possible delisting from the…
Pennsylvania Real Estate Investment Trust (PREIT), the owner of Exton Square Mall, has issued its inaugural sustainability report.
The report highlights PREIT’s efforts to…
The most common ways to be considered an accredited investor are to either have a net worth of more than $1 million or to have…
The Chester County Health Department has announced that 83 percent of the county’s eligible residents (those ages 12 and older) are partially or fully…
Everyone is well aware that the circumstances of the last year have caused shopping malls to struggle, but analysts now have data to ascertain just…
Recent weeks have seen Reddit garner a lot of attention in the news as the social media site’s calculated efforts caused the stock of…
The Pennsylvania Real Estate Investment Trust, which owns Exton Square Mall, has managed to dodge being delisted from the New York Stock Exchange.
PREIT’s…
PREIT (Pennsylvania Real Estate Investment Trust), the owner of Exton Square Mall, came out of Chapter 11 bankruptcy Friday with a deal that gives access…
After failing to get 100% of their lenders to approve of their restructuring plan, PREIT prepared to take the matter to court earlier this year…
By Chris Isaac
PREIT, the Center City-based owner of Exton Square Mall, seems to have found a lifeline as they are set to undergo…
After PREIT, owner of the Exton Square Mall, filed for bankruptcy on November 1 they announced that this would be a move…
After a tumultuous month where PREIT was trying to get all of its lenders to approve of a plan that would allow…
As recently reported, PREIT, the Philadelphia-based owner of Exton Square Mall, has been trying to get all of its lenders to…
Analysts have been speculating for a while now that PREIT, owner of the Exton Square Mall, might be heading towards bankruptcy within…
The damage that COVID-19 has inflicted on the finances of PREIT, the parent company of malls in Plymouth Meeting and Willow…
With COVID-19 concerns still on everyone’s minds, PREIT, the owner of Exton Square Mall, is attempting to entice customers to patronize its mall…
By Chris Issac
PREIT had been able to get all of their malls opened up again near the start of the summer, but there was…
As part of a deal with lenders to stave off default, PREIT, owner of Exton Square Mall, is paring back executive salaries and suspending dividend…
As more regions of Pennsylvania begin loosening restrictions on businesses operating during the pandemic, shoppers and store employees alike are questioning what…
As the “green phase” spreads throughout Pennsylvania and starts lifting social restrictions, that also means the return of shopping malls. PREIT has…
Pennsylvania Real Estate Investment Trust, the owner of Exton, Plymouth Meeting, and Willow Grove malls, is unsure of its ability to survive, writes Natalie Kostelni…
The Pennsylvania Real Estate Investment Trust, which owns the Exton Square Mall, saw its shares fall by 27 percent after reporting fourth-quarter earnings that…
JPMorgan Chase representatives will unveil plans for a mixed-use development at its White Clay Point property during a Dec. 16 presentation at the New…
Wayne-based Liberty Property Trust defended its warehouse strategy after a call by an investor for the company to sell its remaining properties, writes Joseph…
The Exton Region Chamber of Commerce recently celebrated its new office in the Exton Square Mall with a ribbon-cutting ceremony that was attended by…
The Pennsylvania Real Estate Investment Trust has sold an undeveloped parcel of land known as White Clay Point in New Garden Township to JPMorgan Chase…
By Ken Knickerbocker
The Exton Square Mall holds a special place in the hearts of a vast number of Chester County residents. It has been…
The Pennsylvania Real Estate Investment Trust is considering options for Exton Square Mall to move away from the traditional mall concept, writes Ellie Silverman for…
The Pennsylvania Real Estate Investment Trust is selling the free-standing building at Exton Mall that is currently leased to Whole Foods Market, writes Natalie…
The Pennsylvania Real Estate Investment Trust has sold four acres at Exton Square Mall to Hanover, which plans to develop a 300-unit apartment community…
The Chester County Economic Development Council (CCEDC), a private, non-profit, economic development organization promoting smart growth, is announcing four new hires in areas that…
Editor’s Note: This is the first in a series of posts on qualified candidates seeking employment opportunities in their field. For more information on…
The Whole Foods grocery stores in Exton and Newtown Square that were expected to open earlier this year are now planning to welcome eager customers…
Vanguard continues to establish itself as the nation’s new landlord as it grows its real estate investments, writes Joseph DiStefano for the Philadelphia Inquirer…
After targeting a prominent anchor of the Exton Mall for revitalization through a new Whole Foods Market, owner Pennsylvania Real Estate Investment Trust is now…
As organic grocer Whole Foods Market has turned cautious on its expansion plans, questions have arisen about the progress of the anticipated new anchor for…
Friday’s grand opening of the new LEGOLAND Discovery Center at Plymouth Meeting Mall was a hit with visitors who were eager to discover what…
He led by example, by passion, and by a big heart. And last Friday, Albert Boscov left a legacy the retail industry won’t soon…
The owner of suburban Philly’s Willow Grove Park Mall and Exton Square Mall is redefining the mall experience for a new generation of shoppers…
Last week, PREIT proudly revealed an industry first by announcing it is offering Amazon Lockers at Exton Square Mall and 14 other of its East…
On Tuesday, the Pennsylvania Department of Transportation started its $2.2 million project to resurface 10 miles on four highways, including Route 724, Baltimore Pike…
Questions are swirling around the Exton Square Mall and owner Pennsylvania Real Estate Investment Trust in the wake of a Macy’s announcement that 100…
Speculation about a corporate takeover continues to surround the Pennsylvania Real Estate Investment Trust as analysts call out likely bidders, and the one getting the…
The glass is crystal clean and the lights are on for corporate window shoppers interested in the Pennsylvania Real Estate Investment Trust empire. PREIT recently…
Exton Square Mall Owner Pennsylvania Real Estate Investment Trust is digging into a major project to transform the face of the Route 100 shopping center…
Boosted by its prime location, the Exton Square Mall now has a bright new future, starting with an impressive new look.
The first phase of…
Eyewitness Reports Shed New Light on the Former Sikorsky President’s Plane Crash
According to witnesses interviewed by the National Transportation Safety Board investigators, the…
As part of its long term strategy to focus on and improve its most profitable properties, the Pennsylvania Real Estate Investment Trust is planning to…
It is incredibly sad to see any life end prematurely, and all too often we see people choosing suicide as they think that it is…
Business Briefs are concise stories keeping you up to date on what’s happening in Chester County. This Morning:
Oxford Awarded $575,000 in Community…
Lovers of healthy, organic food can rejoice as Exton is about to get its first Whole Foods Market.
A day after Pennsylvania Real Estate Investment…
JC Penney confirmed to the Huffington Post it will close 40 stores this April, including its nearby store at the Granite Run Mall in Media…
Exton Mall’s parent company, Pennsylvania Real Estate Investment Trust, trimmed its portfolio of eight properties during 2014, and launched the new year by announcing…
High-end shopping malls aimed at the top 5 or 10 percent of consumers are thriving even as shopping meccas targeting middle and lower income…
Pennsylvania Real Estate Investment Trust, Exton Mall’s parent company, recently sold more properties including its 50 percent interest in Whitehall Mall in Allentown.
PREIT…
Exton Square Mall’s parent company, the Pennsylvania Real Estate Investment Trust, is standing its ground following the request by one of its shareholders, Land…
PREIT, Exton Square Mall’s parent company, has recently been paring non-preferred properties from its portfolio, but is boosting its nearby Willow Grove Park…
Exton Square Mall’s parent company, Pennsylvania Real Estate Investment Trust (PREIT), continues to shave its portfolio in favor of preferred properties.
PREIT says it…
In another move to shear from its portfolio properties that are not top performers, Pennsylvania Real Estate Investment Trust (PREIT) – parent company of the Exton…
Philadelphia-based Pennsylvania Real Estate Investment Trust, owner of the Exton Square Mall, has announced the imminent sale of its Nittany and North Hanover Malls…
PREIT, parent company of the Exton Square Mall, said July 29 its net operating income improved by 3.1 percent during the second quarter of…
By the end of the year, two more retail businesses will be open at the Exton Square Mall, one of the coolest indoor places in…
The parent company of the Exton Square Mall – the Pennsylvania Real Estate Investment Trust – says it is working toward shaping a higher-quality portfolio.
Joseph F. Coradino, chief executive officer of the Pennsylvania Real Estate Investment Trust, will be a speaker at this week’s national conference of real…
The Pennsylvania Real Estate Investment Trust, owner of the Exton Square Mall, has just launched two unique retail partnerships in the region.
First, the global…
The Exton Square Mall has several community events scheduled for the spring, including a free Kids Club event and a spring carnival.
Powers Great American…
The Pennsylvania Real Estate Investment Trust, which owns the Exton Square Mall, plans to release its financial results for the first quarter of 2014 after…
Time After Time, a retail store specializing in sales and repair of designer watches, recently had its grand opening at the Exton Square Mall.
The…
The Exton Square Mall J.C. Penney’s Store is scheduled to close Saturday, May 3, 2014. This closure will impact 59 J.C. Penny…
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