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About PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
Pennsylvania Real Estate Investment Trust engages in the ownership, management, leasing, acquisition, redevelopment, and disposition of shopping malls. The company is headquartered in Philadelphia, Pennsylvania and currently employs 155 full-time employees. The firm is primarily engaged in the ownership, management, leasing, acquisition, redevelopment, and disposition of shopping malls. Its primary investment focus is on retail shopping malls located in the eastern half of the United States, primarily in the Mid-Atlantic region. The firm holds interests in its portfolio of properties through its operating partnership, PREIT Associates, L.P. The company provides management, leasing, and real estate development services through two of its subsidiaries: PREIT Services, LLC, and PREIT-RUBIN, Inc. The company owns interests in approximately 23 retail properties, of which approximately 22 are operating properties and one is a development property. The firm's 22 operating properties, which include 19 shopping malls and three other retail properties, have a total of approximately 18.3 million square feet and are in eight states.
Industry: Real Estate Investment Trusts Peers: Whitestone REIT RPT Realty REALTY INCOME CORP Retail Value Inc. Wheeler Real Estate Investment Trust, Inc.
