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PREIT, the owner of the Springfield Mall and other malls in the region, emerged from bankruptcy protection Monday for the second time since 2020.
The…
PREIT, owner of the Springfield Mall and other regional malls, is staring at $1.1 billion in debt and has voluntarily filed for Chapter 11…
Joseph Coradino, CEO of PREIT, owner of the Springfield Mall, took a hard look at its portfolio well before the onset of the pandemic, replaced…
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…
Springfield Mall owner PREIT wants to convert the use of many of its mall properties so developers can build up to 7,000 apartments, writes…
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…
PREIT (Pennsylvania Real Estate Investment Trust), the owner of the Springfield Mall, came out of Chapter 11 bankruptcy Friday with a deal that gives access…
By Chris Isaac
Analysts have been speculating for a while now that PREIT, owner of the Springfield Mall, might be heading towards bankruptcy within a…
With COVID-19 concerns still on everyone’s minds, PREIT, owner of the Springfield Mall, is attempting to entice customers to patronize their mall retailers…
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 more regions of Pennsylvania begin loosening restrictions on businesses operating during the pandemic, shoppers and store employees alike are questioning 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…
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