PREIT
PREIT is a privately held real estate investment trust that owns and develops shopping centers, primarily in the Mid-Atlantic region.
Founded in 1960, it focuses on transforming traditional malls into mixed-use, community-centric hubs. PREIT emerged from its second bankruptcy in 2024 and is now privately owned.
Address: 2005 Market Street, Suite 1120, Philadelphia, PA 19103
Phone: (215) 875-0700
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Major Exton Square Mall Redevelopment To Begin, Anchored by New Whole Foods
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…
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Chester County Briefs: Eyewitnesses Shed Light on Sikorsky President’s Death, and PREIT Extends Philadelphia Portfolio with Market Street Purchases
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 restored…
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Second “Be Alive and Thrive” Event Held in Exton Square Mall on Saturday
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…
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Whole Foods Market Coming to Exton
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…
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JC Penney Will Close Its Granite Run Store
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.…
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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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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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PREIT, Owner Of Exton Mall, To List First Quarter Financials As Mall Sets April Events
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…
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Time After Time Opens At Exton Square Mall
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…
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National Retailer Closing Exton Mall Store
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 full-time and part-time…
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