Joseph F. Coradino
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PREIT Faces $1 Billion in Debt, Struggles to Sell Exton Square Mall
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…
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7 Board Members of Exton Square Mall’s Owner, PREIT, Send in Resignations
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,…
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PREIT, Owner of Exton Square Mall, Issues First-ever Sustainability Report
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 position…
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Judge Approves Exton Square Mall Owner’s Bankruptcy Restructuring Plan
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…
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Exton Mall Owner’s Revenue Crashes, Down by $30 Million from Previous 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 a…
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Closed Since March, PREIT Announces Exton Square Mall Will Reopen Friday
By Chris Isaac As the “green phase” spreads throughout Pennsylvania and starts lifting social restrictions, that also means the return of shopping malls. PREIT has…
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Five Acres at Edge of Exton Mall Sold for Multi-Family Development
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…
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PREIT Keeps Its Malls, Including Exton Square, on Cutting Edge
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. The…
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PREIT Will Sell Springfield Park
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 plans…
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PREIT Shears Whitehall Mall From Portfolio
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 opened…
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PREIT Opens Second UNIQLO Store As Exton Square Mall Plans College Fair
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 with the…
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PREIT Puts Another Property Up For Sale
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 is…
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PREIT Announces Sale Of Yet Another Retail Property
In another move to shear from its portfolio properties that are not top performers, Pennsylvania Real Estate Investment Trust (PREIT) – parent company of the…
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PREIT Will Sell Nittany And North Hanover Malls
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. While…
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Exton Mall Parent Company PREIT To Redevelop The Gallery With Macerich Company
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 2014…
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Exton Square Mall Owner Announces Portfolio Changes
The parent company of the Exton Square Mall – the Pennsylvania Real Estate Investment Trust – says it is working toward shaping a higher-quality portfolio.…
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Exton Mall CEO To Speak At National Real Estate Investment Trust Conference
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 estate…
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PREIT, Owner Of Exton Mall, Launches Two Unique Retail Partnerships
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…
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