Pennsylvania Real Estate Investment Trust (PREIT) is A Real Estate Investment Trust

Date: 2015-09-23

Pennsylvania Real Estate Investment Trust (PREIT) is a real estate investment trust. The company owns, manages, develops, acquires, and leases shopping malls and power centers. It provides management, leasing, and real estate development services. PREIT’s portfolio includes 34 shopping malls, five community and power centers, and three development properties. The company owns properties such as Wiregrass Commons Mall, Dartmouth Mall, Palmer Park Mall, Viewmont Mall, and Crossroads Mall, among others. It also manages properties which include Hudson Mall, Arnot Mall, and Shops at the Bellevue. The company operates in Alabama, Maryland, Michigan, New Jersey, North Carolina, Pennsylvania, Virginia, and New York, the US. PREIT is headquartered in Philadelphia, Pennsylvania, the US.

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