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Due to a lack of shareholder votes, seven out of the nine board members of PREIT have tendered their resignations, and while they are not…
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…
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…
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…
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
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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