News

With many department store giants, including Macy’s and JCPenney, closing stores during the years-long retail apocalypse, ...
Exton Square Mall officially has a new owner as of Tuesday, with PREIT selling the beleaguered property to Abrams Realty & Development, writes Jake ...
The Exton Square Mall was sold Tuesday for $34.25 million to Abrams Realty, which plans to replace the 52-year-old shopping destination with hundreds of residences and new retail stores.
The sale of Exton Square Mall ends a long-running saga for the struggling retail center and paves the way for a major redevelopment project. Abrams Realty & Development closed on its acquisition ...
Among other measures, PREIT last year sold a former Lord & Taylor department store at Moorestown Mall to a Florida firm that plans to open an amusement center there. It also has sold property at the ...
PREIT said it transferred Exton Square Mall for $34.2 million to Abrams Realty, a Pennsylvania firm. PREIT, which emerged from bankruptcy under new management in April 2024, has been selling ...