PREIT Email Format
Real EstatePennsylvania, United States201-500 Employees
PREIT owns and manages a portfolio of properties developed to function as community-centric hubs. The company's strategy focuses on five core areas: multi-family and hotel, health and tech, retail, essentials and grocery, and experiential. These properties are located primarily in densely populated regions and are intended to serve as destinations for shopping, dining, entertainment, and lodging. Headquartered in Philadelphia, PREIT operates as a mid-sized owner and manager of real estate. In March 2024, the company appointed Jared Chupaila as chief executive officer. Earlier in 2024, PREIT announced a lease with Primark at Mall at Prince George's in Hyattsville, Maryland.