Springfield Mall On The Block

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.

Springfield Mall On The Block
The Springfield Mall’s future is iffy

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