PREIT
PREIT is a privately held real estate investment trust that owns and develops shopping centers, primarily in the Mid-Atlantic region.
Founded in 1960, it focuses on transforming traditional malls into mixed-use, community-centric hubs. PREIT emerged from its second bankruptcy in 2024 and is now privately owned.
Address: 2005 Market Street, Suite 1120, Philadelphia, PA 19103
Phone: (215) 875-0700
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PREIT, Owner of Plymouth Meeting Mall, Avoids Major Leadership Shakeup
PREIT, which owns retail properties including the Plymouth Meeting Mall, avoided what could have been a major leadership shakeup by…
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7 Board Members of Plymouth Meeting Mall’s Owner, PREIT, Send in Resignations
Due to a lack of shareholder votes, seven out of nine board members of PREIT have tendered their resignations, and…
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Plymouth Meeting Mall Could See New Ownership Amid PREIT Financial Struggles
PREIT is taking creative measures to pay off its nearly $1-billion debt, with the sale of Plymouth Meeting Mall as…
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Plymouth Meeting Mall Evolves for 50+ Years — But the Charming Carousel Remains
Plymouth Meeting Mall opened in 1966 and has endured much over that near-60-year run. Spencer Walsh profiled this retail survivor…
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Owner of Plymouth Meeting, Willow Grove Malls Has an Unconventional Idea to Pay Off Debt
The owner of the Plymouth Meeting Mall and Willow Grove Mall, has an interesting idea — apartments, writes Bob Fernandez…
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PREIT Looks to Maximize Remaining Mall Properties by Adding Up To 7,000 Apartments
PREIT, the Philadelphia-based owner of the Plymouth Meeting Mall and Willow Grove Mall, is looking to add as many as…
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PREIT Sells Whole Foods-Leased Parcel at Plymouth Meeting Mall for $27M
As part of its ongoing plan to raise capital, PREIT has sold the site currently leased by Whole Foods at…
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PREIT Loses Appeal to Build 503-Unit Apartment High Rise at Plymouth Meeting Mall
Real estate trust company PREIT has lost an appeal to build an apartment community on the property of Plymouth Meeting…
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PREIT, Owner of Two Montco Malls, Being Booted by NYSE
Pennsylvania Real Estate Investment Trust (PREIT), the owner of Plymouth Meeting Mall and Willow Grove Park Mall, is being delisted…
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Honeygrow Plans Expansion into Plymouth Meeting Mall, Accessing a Beehive of Activity in the Stir-Fry Market
Among recent leases signed by PREIT, owner of area malls that include Plymouth Meeting Mall’s, is one for Honeygrow, the…
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Plymouth Meeting Developer Part of Collaboration to Do More with Moorestown Mall in New Jersey
The revival project of N.J.’s Moorestown Mall has, among its development participants, Plymouth Meeting firm Bel Canto. Kevin Riordan constructed…
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Willow Grove Park — Having Survived the Pandemic — Moves Forward in Restoring Amusement Experience to Retail Site
The ambitious plans to restore a sense of fun and escape to Willow Grove Park — once an active leisure…
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Retail Renno of Willow Grove Shopping Center Is a True (Amazon) Fresh Start
The Willow Grove Shopping Center refresh will take that label literally as an Amazon Fresh grocery retailer joins the site…
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PREIT to Sell Exton Square Mall to Developer
The Pennsylvania Real Estate Investment Trust (PREIT) is planning to sell Exton Square Mall as it tries to raise funds…
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Willow Grove and Plymouth Meeting Malls’ PREIT Soars Following Reverse Stock Split
PREIT, owner of Plymouth Meeting Mall and Willow Grove Park Mall, has executed a 1-to-15 reverse stock split to boost…
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Willow Grove and Plymouth Meeting Malls’ PREIT Makes Dent in Its Debt with $35M in Land Sales
PREIT, owner of Plymouth Meeting Mall and Willow Grove Park Mall, has made progress on its debt payments with $35…
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Plymouth Meeting and Willow Grove Park Malls Owner Fights for Execs Amid Struggle
PREIT, the owner of the Willow Grove Mall, Springfield Mall, Plymouth Meeting Mall, and Cherry Hill Mall, is paying retention…
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CEO of Willow Grove and Plymouth Meeting Malls’ PREIT Talks Evolution of Malls in 21st Century
After two years of limited social interaction and several months of closed doors, PREIT, owner of Plymouth Meeting Mall and…
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