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.
  • 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.

  • 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.

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