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PREIT Underway on $100 Million Redevelopment of Woodland Mall in Michigan

Grand Rapids, Mich. — PREIT is underway on an extensive redevelopment of the 1.1 million-square-foot Woodland Mall in Grand Rapids.

…

  • August 21, 2018
  • Published in Development, Michigan, News

PREIT Signs Three Tenants to Backfill Former Macy’s at Plymouth Meeting Mall in Philadelphia

Philadelphia — PREIT has inked leases with three new tenants at Plymouth Meeting Mall in Philadelphia.

…

  • August 13, 2018
  • Published in Development, Leasing, News, Pennsylvania

PREIT Signs Global Incubator 1776 to 11,000 Square Feet at Cherry Hill Mall in New Jersey

Cherry Hill, N.J. — PREIT has signed 1776 to Cherry Hill Mall, a 1.3 million-square-foot mall in Cherry Hill, located nine miles east of Philadelphia.

…

  • July 24, 2018
  • Published in Leasing, New Jersey, News

PREIT Inks Leases With Forever 21 at Four Malls Across United States

Philadelphia — Philadelpha-based PREIT has inked leases with Forever 21 at four of its malls across the country.

…

  • May 4, 2018
  • Published in Leasing, News

Five Below, HomeGoods to Open at PREIT’s Repositioned Magnolia Mall in South Carolina

Florence, S.C. — An 8,500-square-foot Five Below and a 20,000-square-foot HomeGoods will join the tenant mix at PREIT’s Magnolia Mall in Florence.

…

  • April 6, 2018
  • Published in Leasing, News, South Carolina

PREIT Signs Three New Tenants to Mall in Southeast Massachusetts

Dartmouth, Mass. — PREIT has signed three new tenants at Dartmouth Mall in Dartmouth, a city in southeast Massachusetts.

…

  • March 22, 2018
  • Published in Development, Leasing, Massachusetts, News

PREIT Opens 55,000-Square-Foot Whole Foods Market at Mall in Pennsylvania

Exton, Penn. — PREIT has opened a 55,000-square-foot Whole Foods Market location at Exton Square Mall in Exton.

…

  • January 18, 2018
  • Published in News, Pennsylvania

PREIT Signs Two Experiential Retailers to Shopping Mall in Northern Maryland

Hagerstown, Md. — PREIT has signed two experiential retail tenants to Valley Mall in Hagerstown, a city in northern Maryland.

…

  • January 5, 2018
  • Published in Maryland, News

PREIT Debuts 26,000-Square-Foot Zara Location at Cherry Hill Mall in Southern New Jersey

Cherry Hill, N.J. — PREIT has opened a 26,000-square-foot location for Zara at Cherry Hill Mall in Cherry Hill, located nine miles east of Philadelphia.

…

  • September 28, 2017
  • Published in Leasing, New Jersey, News

HomeGoods, Dick’s Sporting Goods and Field & Stream Open in Former Sears Space at Viewmont Mall

Scranton, Pa. — PREIT has announced the opening of HomeGoods, Dick’s Sporting Goods and Field & Stream in a space formerly occupied by Sears at Viewmont Mall in Scranton.

…

  • September 8, 2017
  • Published in Leasing, News, Pennsylvania
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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Stan Johnson Company: Net Lease Retail — Investment Opportunities in the Face of Changing Market…

Where are the opportunities in today’s single tenant net lease (STNL) market? The ever-changing nature of today’s retail environment has placed an emphasis on finding the best properties, while compressed…

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Taylor Street: Net Lease Opportunities: STNL Deals, Multi-Tenant Outlook, 1031 Exchange Landscape

Where does net lease stand at the moment? As cap rates compress for single tenant net lease (STNL) deals, investors are expanding their outlooks to find retail opportunities. Multi-tenant centers,…

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Pylot™: Digital Platform Streamlines Commercial Real Estate Marketing

Commercial real estate retail marketers today must navigate an increasingly complex marketing landscape. How can they identify the right tools and technologies necessary to scale their marketing presence efficiently across…

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Industry News

  • Crosland, Harbour Retail to Develop 78-Acre Mixed-Use Wallbrook Project in Suburban Raleigh
  • Northmarq Arranges $16.7 Million Refinancing of Metro Tampa Retail Portfolio
  • Faris Lee Negotiates $5.7 Million Sale of Sherwin Williams-Anchored Retail Center in El Centro, California
  • Cinergy Dine-In Cinemas to Open at Former CMX Location at Wheeling Town Center in Suburban Chicago
  • Triple Five Group to Open 10,000-Square-Foot Food Hall at American Dream in East Rutherford, New Jersey

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