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While the shopping mall as we have come to know it may not be dead yet, malls are either dying or on life support in […]

With Fashion District Philadelphia (FD) slated to open its doors on Thursday morning, all eyes are on PREIT CEO Joe Coradino, the man behind the former […]

Startup incubator network 1776 is teaming up with real estate trust PREIT to bring an incubator to the Cherry Hill Mall, and the idea might […]

What a year it’s been for real estate in Philadelphia! We’ve seen the emergence of a residential seller’s market in the city the likes of […]

This morning’s announcement that AMC will bring an eight-screen deluxe cinema to Fashion District Philadelphia is merely the latest piece of evidence that a virtuous […]

By the time Macy’s broke the news that four of its Philly-area stores will close their doors this spring, the Pennsylvania Real Estate Investment Trust, which owns two […]

It’s official: Four regional Macy’s stores will shut their doors for good this spring. On the chopping block are the stores at Plymouth Meeting Mall, […]

Officials of Legoland Discovery Center, Plymouth Township, Montgomery County and Visit Philadelphia joined a passel of first-graders from nearby Plymouth Elementary School in digging into […]

Pennsylvania Real Estate Investment Trust, or PREIT, recently indicated that it may be interested in merging with another shopping-mall operator, according to the Inquirer.

PREIT, the Philly-based real estate trust that specializes in owning and operating shopping malls, announced today it has sold four of its underperforming malls, allowing […]

There’s an interesting wrinkle to the redevelopment of The Gallery at Market East into the Fashion Outlets of Philadelphia. PREIT and Macerich, the partnership developing […]

The Gallery won’t re-open as the Fashion Outlets of Philadelphia anytime soon. Macerich and Pennsylvania Real Estate Investment Trust, who are co-developing the transformation of […]

Pennsylvania Real Estate Investment Trust, the publicly traded trust that operates in the ownership of shopping malls and retail properties, is selling off five properties, […]

Ron Rubin — whom we once dubbed as “the man responsible for building every mall ever” — is stepping down as the executive chairman at […]

Philadelphia’s only Legoland Discovery Center is slated to open in spring 2017 at the Plymouth Meeting Mall, Pennsylvania Real Estate Trust (PREIT) announced today in […]