Pennsylvania Real Estate Investment Trust
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Pennsylvania Real Estate Investment Trust
Pennsylvania Real Estate Investment Trust is a publicly traded real estate investment trust that invests in shopping centers mostly in the Mid-Atlantic states. History The company was founded by Sylvan M. Cohen in 1960 as one of the first equity REITs. In 1997, the company acquired the Rubin Organization for $260 million. In 2001, founder Sylvan Cohen died. In 2003, the company acquired 6 shopping malls from The Rouse Company. The company also acquired Crown American. In 2006, the company acquired Woodland Mall for $177.4 million. In 2012, Joseph Coradino was named chief executive officer of the company. In 2013, the company sold Christiana Center and Commons at Magnolia for $87.3 million. In 2014, the company acquired a building in Philadelphia. In 2015, the company acquired Springfield Town Center for $465 million from Vornado Realty Trust. In 2016, the company sold 4 malls for $93 million. In 2019, the company turned Wyoming Valley Mall over to its mortgage holder, GS Mortga ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Vornado Realty Trust
Vornado Realty Trust is a real estate investment trust formed in Maryland in 1982, with its primary office in New York City. The company invests in office buildings and street retail in Manhattan. Investments Notable properties owned by the company include: * New York Marriott Marquis (Retail & signage) * 1540 Broadway (Retail & signage) * 510 Fifth Avenue (Retail) * 660 Fifth Avenue (Retail) * 770 Broadway * 888 Seventh Avenue * Crowne Plaza Hotel, Times Square (Retail & office) * Fuller Building * Penn 1 (One Penn Plaza) * Rego Center * Hotel Pennsylvania, to be redeveloped into 15 Penn Plaza The company also owns: * 70% of 555 California Street in San Francisco, California (30% is owned by affiliates of Donald Trump) * 70% of 1290 Avenues of the Americas in New York City (30% is owned by Donald Trump) * Merchandise Mart in Chicago, Illinois * 32.4% of Alexander's, which owns 731 Lexington Avenue History Two Guys The origins of the company can be traced back to the Tw ...
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Exton, Pennsylvania
Exton is a census-designated place (CDP) in West Whiteland Township, Chester County, Pennsylvania, United States. Its population was 5,622 at the 2020 census. The Exton Square Mall and Main Street at Exton are both located within Exton along with several other shopping centers, making Exton the major shopping district in Chester County. History Exton lies at the intersection of U.S. Route 30 (formerly the Lancaster Road, and later the Lincoln Highway) and Pennsylvania Route 100 (Pottstown Pike). Beginning in the late 18th century, the Lancaster Road became a major transportation route between Philadelphia and the west, while what is now Route 100 was a regional north–south route to Pottstown. A theory exists that Exton was named as the "X" on the map, denoting this intersection, though more likely the village was named after one of the several Extons in the United Kingdom. In the late 1940s, Exton became home to the Newcomen Society of the United States. The campus of the ...
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Exton Square Mall
Exton Square Mall is a shopping mall located in the Exton, Pennsylvania in West Whiteland Township in Chester County, Pennsylvania. The mall features a parking garage and food court. It is located at the crossroads of Chester County at the intersection of U.S. Route 30 Business and Pennsylvania Route 100. The mall is anchored by Macy's and Boscov's retail stores and a Round One Entertainment, an arcade and bowling center. It also contains dozens of smaller stores and a food court. The Exton Square Mall is shaped as a square with the southern half of the mall two floors and the northern half one floor. Macy's is located at the center of the mall while the other two anchor stores and the food court are on corners of the mall. It is owned by Pennsylvania Real Estate Investment Trust (PREIT). Location The Exton Square Mall is located in the unincorporated community of Exton in West Whiteland Township, Chester County, Pennsylvania at the northeast corner of the intersection between ...
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Dartmouth, Massachusetts
Dartmouth (Massachusett: ) is a coastal town in Bristol County, Massachusetts. Old Dartmouth was the first area of Southeastern Massachusetts to be settled by Europeans, primarily English. Dartmouth is part of New England's farm coast, which consists of a chain of historic coastal villages, vineyards, and farms. June 8, 2014 marked the 350th year of Dartmouth's incorporation as a town. It is also part of the Massachusetts South Coast. The local weekly newspapers are ''The Dartmouth/Westport Chronicle and Dartmouth Week.'' The Portuguese municipality of Lagoa is twinned with the town; along with several other Massachusetts and Rhode Island towns and cities around Bristol County. The northern part of Dartmouth has the town's large commercial districts. The southern part of town abuts Buzzards Bay, and there are several other waterways, including Lake Noquochoke, Cornell Pond, Slocums River, Shingle Island River and Paskamansett River. The town has several working farms and on ...
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Dartmouth Mall
The Dartmouth Mall is a one-level shopping mall located off US 6 and Faunce Corner Road in North Dartmouth, Massachusetts, in the United States. Currently anchoring the mall are Aldi, Burlington, JCPenney, and Macy's. The mall also features a food court and movie theater. It is managed by the Pennsylvania Real Estate Investment Trust. History Dartmouth Mall (originally known as North Dartmouth Mall; the name was changed in the 1990s after the town abandoned officially using the name) was constructed during the years 1969 to 1971 on the site of the 9-Hole Golf Course Paskamansett Links. The town of North Dartmouth had zoned all of the land on Route 6 for commercial development, and the North Dartmouth Mall was the first large-scale retail facility constructed along the route. When the mall opened, it featured a 3-screen cinema, 72 stores, and nine restaurants. Anchoring the mall were Zayre, Sears, and The Outlet Company department store, as well as mini-anchors Cherry & Webb and Woo ...
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Cherry Hill, New Jersey
Cherry Hill is a township within Camden County, in the U.S. state of New Jersey. As of the 2020 U.S. census, the township had a population of 74,553, which reflected an increase of 3,508 (+4.94%) from the 71,045 counted in the 2010 census.DP-1 - Profile of General Population and Housing Characteristics: 2010 for Cherry Hill township, Camden County, New Jersey
. Accessed May 17, 2015.

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Cherry Hill Mall
The Cherry Hill Mall, owned by Pennsylvania Real Estate Investment Trust (PREIT), was originally known as Cherry Hill Shopping Center, commonly reported as the first indoor, climate-controlled shopping center east of the Mississippi River in the United States, and opened on October 11, 1961. Cherry Hill Mall is located in Cherry Hill, New Jersey and is bound by Route 38, Haddonfield Road ( County Route 644), Church Road ( County Route 616), and Cherry Hill Mall Drive. The center was designed by architect Victor Gruen and built and managed by The Rouse Company. Rouse sold its shopping center portfolio to Pennsylvania Real Estate Investment Trust in 2003 as PREIT converted its holdings from residential to retail. The mall has a gross leasable area of , placing it in the top ten among the largest shopping malls in New Jersey. The mall is currently anchored by JCPenney, Macy's, and Nordstrom. The farm that was near the site of the Cherry Hill Mall is widely held to be the source o ...
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Camp Hill, Pennsylvania
Camp Hill is a borough in Cumberland County, Pennsylvania. It is southwest of Harrisburg and is part of the Harrisburg–Carlisle metropolitan statistical area. The population was 7,888 at the 2010 census. There are many large corporations based in nearby East Pennsboro Township and Wormleysburg that use the Camp Hill postal address, including the Rite Aid Corporation, Harsco Corporation, and Gannett Fleming. Geography Camp Hill is located in eastern Cumberland County at (40.241089, -76.926202). It is bordered to the east by the borough of Lemoyne, to the south by the Lower Allen census-designated place within Lower Allen Township, to the west by Hampden Township, and to the north by East Pennsboro Township. U.S. Routes 11 and 15 run through the western and northern sides of the borough, while Pennsylvania Route 581, the Capital Beltway, passes through the southern side, intersecting US 11/15 at Exits 5A/5B. Downtown Harrisburg, the state capital, is northeast of th ...
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Capital City Mall
Capital City Mall is a regional shopping mall located approximately southwest of Harrisburg in Lower Allen Township, Pennsylvania. It is one of three enclosed malls in the immediate Harrisburg area, and is the only enclosed mall in Harrisburg's western suburbs. The anchor stores are Dick's Sporting Goods, JCPenney, Macy's, Sportsman's Warehouse, Dave & Buster's, and H&M. The mall is owned and operated by the Pennsylvania Real Estate Investment Trust (PREIT). History Capital City Mall was developed by Crown American Corporation, Johnstown, PA and opened in 1974 with Bowman's, Murphy's Mart and Sears as its anchors, as well as a movie theater. Bowman's was a locally based department store and closed in 1979. Their location was expanded and became the Harrisburg area's first Hess's later that year. In 1985, more changes came to the mall. G.C. Murphy closed its doors and the Garden Grove food court was added to the center of the mall. In August 1987, the vacant G.C. Murphy store w ...
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Scranton Times-Tribune
''The Scranton Times-Tribune'' is a morning newspaper serving the Scranton, Pennsylvania, area. It is the flagship title of Times-Shamrock Communications and has been run by three generations of the Lynett-Haggerty family. On Sundays, the paper is published as ''The Sunday Times''. The paper has an average circulation of 47,663. History The current paper is the result of a 2005 merger between the afternoon ''Scranton Times'' and morning ''Scranton Tribune''. The ''Times'' was founded in 1870. It struggled under six owners before E. J. Lynett bought the paper in 1895. Within 20 years, the ''Times'' was the dominant newspaper in northeastern Pennsylvania, and the third-largest in the state (behind only the ''Philadelphia Inquirer'' and the ''Pittsburgh Press''). In January 1923, Lynett founded one of Scranton's first radio stations, WQAN. The Lynett family still owns the station today under the calls WEJL. Lynett died in 1943, and his three children took control of the paper with ...
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The Morning Call
''The Morning Call'' is a daily newspaper in Allentown, Pennsylvania. Founded in 1883, it is the second longest continuously published newspaper in the Lehigh Valley, after ''The Express-Times''. In 2020, the newspaper permanently closed its Allentown headquarters after allegedly failing to pay four months of rent and citing diminishing advertising revenues. The newspaper is owned by Alden Global Capital, a New York City-based hedge fund. History Founding and ownerships ''The Morning Call'' was founded in 1883. Its original name was ''The Critic''. Its original editor, owner and chief reporter was Samuel S. Woolever. The newspaper's first reporter was a Muhlenberg College senior, David A. Miller. The newspaper was subsequently acquired and owned by Charles Weiser, its editor, and Kirt W. DeBelle, its business manager. In 1894, the newspaper launched a reader contest, offering $5 in gold to a school boy or girl in Lehigh County who could guess the publication's new name. The i ...
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