Springfield Mall
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With Its $1.1 Billion Debt Coming Due, Owner of Springfield Mall May Have to File for Bankruptcy Again
Philadelphia-based PREIT, owner of the Springfield Mall, could be heading for another bankruptcy filing just under a month before its credit facilities with a $1.1…
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Springfield Mall Owner Sees Strong Sales and Mall Occupancy, But a Large Debt
PREIT CEO Joseph F Coradino reports the firm is seeing high mall occupancy, strong sales, and foot traffic closer to 2019, levels, Even so, PREIT,…
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PREIT Looks to Sell Plymouth Meeting, Exton Square Malls
PREIT is looking to sell off two area malls as it works to generate cash ahead of a loan deadline, writes Paul Schwedelson for Philadelphia…
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PREIT, Springfield Mall Owner, Explores Sale or Merger
PREIT, the owner of the Springfield Mall and several other malls in the Philadelphia region, is exploring a possible merger or sale, writes Paul Schwedelson…
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Springfield Mall Owner PREIT Sees Bright Future Despite Debt Obstacles
There’s a sense of optimism from PREIT CEO Joe Coradino, as the company that owns the Springfield Mall and other malls in the region works…
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Springfield Mall Owner PREIT Brings Down Debt with $35M in Land Sales
PREIT, owner of the Springfield Mall, Plymouth Meeting Mall and Willow Grove Park Mall, has made progress on its debt payments with $35 million in…
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Springfield Mall Owner PREIT Fights for Execs Amid Struggle
PREIT, the owner of the Springfield Mall, Plymouth Meeting Mall, Cherry Hill Mall and Willow Grove Mall, is paying retention bonuses to certain employees “in…
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PREIT, Owner of Springfield Mall, Plans Apartments on Some Mall Properties to Shore Up Debt
PREIT, the owner of the Springfield Mall and other mall properties in the region, is taking a new approach to pull itself out of $2…
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Springfield Mall Owner PREIT Worried About Staying in Business
Pennsylvania Real Estate Investment Trust (PREIT), the owner of the Springfield Mall, has “substantial doubt” about being able to remain in business over the next…
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Springfield Mall’s PREIT: 2021 Had Strong Anchor, Tenant Mix Driving Sales
Pennsylvania Real Estate Investment Trust, owner of the Springfield Mall, as well as the Plymouth Meeting Mall and Willow Grove Mall, closed 2021 on a…
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The DELCO Original Trading Company Is Back Again at the Springfield Mall
The DELCO Original Trading Co. is back again this holiday season at the Springfield Mall, much to the delight of Kevin Kinkead, writing for crossingbroad.com.…
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PREIT, Owner of Springfield Mall, Issues First-ever Sustainability Report
Pennsylvania Real Estate Investment Trust (PREIT), the owner of the Springfield Mall, has issued its inaugural sustainability report. The report highlights PREIT’s efforts to position…
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‘Simpsons’ Fans Gather at Moe’s Tavern Pop Up in Springfield Mall
Springfield Mall shoppers were greeted this week by Marge Simpson outside the entrance to the Moe’s Tavern pop-up, writes Peg DeGrassa for the Daily Times.…
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Moe’s Tavern Pop Up Comes To Springfield Mall Sept. 10-26
“The Simpson’s” Moe’s Tavern is making its way to the upper level of the Springfield Mall in September, writes Hannah Kanik for the Philly Voice.…
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Too Much of a Good Thing? Media Borough Overdevelopment Worries Some
Media still feels like the small town it always was, a place where neighbors know neighbors, writes Kenny Cooper for whyy.org. But now Media is…
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Reddit Caused GameStop Stock to Surge, but That Won’t Help Places Like the Springfield Mall
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 diminishing…
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Springfield Mall Store Lets Customers Express Their Inner Delco With Stuff
Nothing says Delco pride like, we don’t know, a T-shirt? Or a hoodie? Maybe a hat. Whatever. Delco merchandise sold hot and heavy over the…
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Springfield Mall Owner Retains Spot on NYSE After Its Stock Price Stabilizes Following Emergence from Bankruptcy
Pennsylvania Real Estate Investment Trust, owner of the Springfield Mall, Plymouth Meeting Mall and Willow Grove Park, has managed to dodge being delisted from the…
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