Willow Grove Park

Rally House Opens Two New Stores in Pennsylvania

Retrieved on: 
금요일, 5월 3, 2024

PHILADELPHIA, May 3, 2024 /PRNewswire/ -- Rally House, a national sports and merchandise retailer, is proud to open additional storefront locations in Pennsylvania this Friday with Rally House Willow Grove Park near Philadelphia and Rally House Millcreek Pavilion in Erie.

Key Points: 
  • PHILADELPHIA, May 3, 2024 /PRNewswire/ -- Rally House, a national sports and merchandise retailer, is proud to open additional storefront locations in Pennsylvania this Friday with Rally House Willow Grove Park near Philadelphia and Rally House Millcreek Pavilion in Erie.
  • Rally House Willow Grove Park can be found on Level 1 of Willow Grove Park Mall across from Express.
  • "Pennsylvania is such a fun state to open new Rally House locations," says VP of Marketing Strategy Aaron Johnson.
  • Visit the Rally House Willow Grove Park and Rally House Millcreek Pavilion store pages, and follow on Facebook ( @RallyHouse ) and Instagram ( @rally_house ) for current store information and updates.

Over a Dozen Diverse and Impactful Tenants in 575,000 Square Feet Opening Throughout PREIT Portfolio, Strengthening Core Assets

Retrieved on: 
월요일, 8월 14, 2023

Adding to the plan to create a vibrant multi-use destination, PREIT is planning to incorporate apartments and a hotel on the property, expanding its appeal.

Key Points: 
  • Adding to the plan to create a vibrant multi-use destination, PREIT is planning to incorporate apartments and a hotel on the property, expanding its appeal.
  • DICK's House of Sport at Viewmont Mall opened in 90,000 square feet on August 11, 2023.
  • "Creating a diverse tenant mix is a key ingredient in today's rapidly-evolving retail climate," said Joseph F. Coradino, CEO of PREIT.
  • "We are well positioned with a high-quality portfolio in desirable markets to capture tenants that create a compelling consumer experience.

PREIT Reports Second Quarter 2023 Results

Retrieved on: 
목요일, 8월 3, 2023

PHILADELPHIA, Aug. 3, 2023 /PRNewswire/ -- PREIT (OTCQB:PRET) today reported results for the three and six months ended June 30, 2023. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is provided in the tables accompanying this release.

Key Points: 
  • Robust leasing activity is driving increased occupancy with Core Mall Total Occupancy increasing by 40 basis points to 94.2% compared to the second quarter 2022.
  • Core Mall non-anchor Occupancy improved 70 basis points to 91.2% compared to the second quarter 2022.
  • Additional information regarding changes in operating results for the three and six months ended June 30, 2023 and 2022 is included on page 15.
  • The Company's Credit Facilities, with a balance of $1,023.1 million as of June 30, 2023, mature on December 10, 2023.

PREIT Reports First Quarter 2023 Results

Retrieved on: 
목요일, 5월 4, 2023

Tenant construction is underway for a new prototype, 32,000 square foot, LEGO® Discovery Center at Springfield Town Center with expected opening in third quarter 2023.

Key Points: 
  • Tenant construction is underway for a new prototype, 32,000 square foot, LEGO® Discovery Center at Springfield Town Center with expected opening in third quarter 2023.
  • Additional information regarding changes in operating results for the three months ended March 31, 2023 and 2022 is included on page 15.
  • The Company's Credit Facilities, with a balance of $995.8 million as of March 31, 2023, mature on December 10, 2023.
  • Management has scheduled a conference call for 11:00 a.m. Eastern Time on Thursday May 4, 2023, to review the Company's results and future outlook.

PREIT Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
수요일, 3월 22, 2023

PHILADELPHIA, March 22, 2023 /PRNewswire/ -- PREIT (OTC:PRET) today reported results for the three months and year ended December 31, 2022. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is provided in the tables accompanying this release.

Key Points: 
  • For the rolling 12 month period ended December 31, 2022, core mall comparable sales grew to $596 per square foot, compared to $539 in 2019.
  • Average renewal spreads for the three months and year ended December 31, 2022 were -5.6% and 1.1%, respectively.
  • Since the beginning of 2022, the Company sold assets generating just over $141 million in gross proceeds.
  • Additional information regarding changes in operating results for the three months and year ended December 31, 2022 and 2021 is included on page 15.

PREIT Delivers Expanding Retailers to New Markets

Retrieved on: 
화요일, 7월 19, 2022

PHILADELPHIA, July 19, 2022 /PRNewswire/ -- PREIT (NYSE: PEI), today announced that a list of growing retailers are set to join the lineup at key properties in dynamic markets.

Key Points: 
  • PHILADELPHIA, July 19, 2022 /PRNewswire/ --PREIT (NYSE: PEI), today announced that a list of growing retailers are set to join the lineup at key properties in dynamic markets.
  • At the same time, bringing new tenants to markets enhances repeat visits from customers seeking an evolving fresh tenant mix.
  • PREIT has a history of bringing new tenants to these key markets.
  • Today PREIT highlights three retailers choosing to expand within its strong portfolio.