Springfield Mall On The Block — Pennsylvania Real Estate Investment Trust, which is the owner of the Springfield Mall and several other regional properties, announced at its third-quarter earnings call, Tuesday, Nov. 8, it is exploring a merger or sale.
The company lost $71.3 million for the three months ending Sept. 30 and $38.4 million in the same period in 2021, says Chairman and CEO Joseph Coradino.
Hat tip David Bjorkgren and Delco Today.