Company News

PREIT's retail properties contain more than 19.6 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 portfolio quality and balance sheet strength driven by disciplined capital expenditures.
  • How REITS are Helping Reopen the Economy Safely

    As the REIT and commercial real estate industry turns its focus to the responsible reopening of the U.S. economy, Nareit will be actively participating and sharing regular updates here on reopenings.

  • REITs in the Community: Response to Coronavirus

    See how Nareit member companies are working to minimize disruption caused by COVID-19.

  • 12/18/2019

    PREIT CEO Says Fashion District Project Redefining Retail in Philadelphia

    Joseph Coradino stresses importance of finding exciting, first-to-market retailers.

  • 5/2/2019

    PREIT Hitting Development Milestones in 2019

    CEO Joe Coradino says some projects date back almost 15 years.

  • 11/21/2018

    PREIT CEO Says Sophisticated Consumer Attracted to Varied Mall Offerings

    CEO Joe Coradino says PREIT has worked hard to prepare for Sears bankruptcy.

  • 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.

Pages