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
-
Willow Grove, Plymouth Meeting Mall Owner Retains Spot on NYSE
Pennsylvania Real Estate Investment Trust, owner of Plymouth Meeting Mall and Willow Grove Park, has managed to dodge being delisted…
-
Local Malls Hoping to Recover, Yet Feeling Long Term Effects From Pandemic
2020 has been a difficult year for many, but there’s still no avoiding that the defining part of this year,…
-
Willow Grove, Plymouth Meeting Mall Owner Emerges Re-Energized from Bankruptcy Protection with Fresh Capital
PREIT (Pennsylvania Real Estate Investment Trust), the owner of both the Willow Grove and Plymouth Meeting Malls, came out of…
-
Judge Approves Plymouth Meeting Mall, Willow Grove Mall Owner’s Bankruptcy Restructuring
After failing to get 100% of their lenders to approve of their restructuring plan, PREIT prepared to take the matter…
-
“Giant” Expected to be Buyer for Center City Property Being Sold by Willow Grove Mall Owner
For the last few weeks PREIT has been busy securing their bankruptcy restructuring plan, which will enable them to free…
-
Willow Grove, Plymouth Meeting Mall Owner Revenue Crashes, Down by $30 Million From Previous Year
By Chris Isaac PREIT, the Center City-based owner of both the Plymouth Meeting and Willow Grove malls, seems to have…
-
Looking to Restructure, Willow Grove, Plymouth Meeting Mall Owner Files for Bankruptcy
By Chris Isaac After a tumultuous month where PREIT was trying to get all of their lenders to approve of…
-
Lenders Claim Willow Grove, Plymouth Meeting Mall Owner Breached Agreement to File for Bankruptcy
By Chris Isaac As recently reported, PREIT, the Philadelphia-based owner of both the Plymouth Meeting and Willow Grove malls, has…
-
Willow Grove, Plymouth Meeting Mall Owner Says They May File for Bankruptcy to Get $150 Million Loan
Analysts have been speculating for a while now that PREIT, owner of the Willow Grove and Plymouth Meeting Malls, might…
-
Santa Claus Will Be Visiting Local Malls This Year, But With a Sleigh Full of Restrictions
Santa Claus will be visiting local malls this year despite the pandemic, but they will implement various precautionary measures to…
-
Plymouth Meeting Mall Could Get New 11-Story Apartment Building
PREIT is proposing to develop an 11-story, 503-unit apartment building at Plymouth Meeting Mall, writes Kevin Tierney for the More…
-
Plymouth Meeting, Willow Grove Mall Owner Faces Being Delisted from Stock Exchange
By Chris Isaac The damage that COVID-19 has inflicted on the finances of PREIT, the parent company of malls in…
-
PREIT Revitalizes Willow Grove, Plymouth Meeting Malls with New Store Openings
By Chris Isaac With the pandemic having such a detrimental impact on businesses it can be easy to assume that…
-
PREIT Will Be Extending Plymouth Meeting, Willow Grove Mall Hours and Closing for Thanksgiving
By Chris Isaac In past years Thanksgiving has increasingly become not only a day about celebrating family, but also a…
-
Pandemic Financial Woes Force Fashion Retailer Century 21 to File for Bankruptcy
The business struggles caused by the pandemic have caused another retailer casualty, this time in the form of the popular…
-
Deal Falls Through for Willow Grove, Plymouth Meeting Mall Owner, Dashing Hopes for a Cash Infusion
PREIT, owner of the Willow Grove and Plymouth Meeting Malls, had its hopes for a cash infusion dashed when a…
-
Plymouth Meeting and Willow Grove Mall Owner Sending Curated Surprise Boxes to Shopper’s Homes
With COVID-19 concerns still on everyone’s minds, PREIT, owner of the Willow Grove and Plymouth Meeting Malls, is attempting to…
-
Willow Grove, Plymouth Meeting Mall Owner Announces $23M COVID Shut Down Losses
By Chris Issac PREIT had been able to get all of their malls opened up again near the start of…
Founding Partners
Advertisement
Affiliate Partners
Community Partners
