Company News

PREIT owns and operates more than 22.5 million square feet of retail space with a concentration in two top 10 MSAs. Since 2012, the company has driven a transformation guided by an emphasis on a high-quality portfolio, balance sheet strength, operational improvements and disciplined capital expenditures.
  • 10/29/2018

    REITs Adjusting to the New Normal in Retail

    Retail REITs aim to stay ahead of consumer trends.

  • 10/26/2018

    Names to Note: November/December 2018

    People making news in the REIT and publicly traded real estate industry.

  • REITs in the Community: Norcross Visits PREIT

    Rep. Donald Norcross (D-NJ) visited the Cherry Hill Mall, which is located in Cherry Hill, NJ. The mall is owned and operated by PREIT.

  • 7/10/2018

    PREIT Says Metrics Consistent with High-Quality Mall Operators

    CEO Joe Coradino sees continued M&A activity in retail real estate.

  • 3/16/2018

    Names to Note: March/April 2018

    People making news in the REIT and publicly traded real estate industry.

  • 3/8/2018

    Are Malls Ready to Deal?

    Despite concerns about the health of the mall business, one recently announced merger of two retail REIT titans could catalyze more deal-making in a sector going through major changes.

  • 1/25/2018

    Names to Note: Jan/Feb 2018

    People making news in the REIT and publicly traded real estate industry.

  • 10/30/2017

    How Will U.S. Malls Evolve Over the Next Decade?

    "Retail centers are evolving into destinations that offer consumers a fresh and engaging journey that mixes a variety of offerings not historically found at malls."

  • UDR, Pebblebrook, Starwood Win Top NAREIT Investor Care Awards

    NAREIT today named the winners of its 2017 Investor CARE Awards at its annual REITWeek investor forum in New York.

  • 6/28/2016

    Shopping Center REIT PREIT Says Investor Communication a “Huge Focus”

    CEO Joseph Coradino says PREIT concentrating on remerchandising and redeveloping.