PREIT (PEI) Increases Total Occupancy to 93.8% in Q3
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PREIT Continues to Drive Portfolio Occupancy
October 12, 2022 4:35 PM EDT370,000 Square Feet of Tenants OpenedÂ
420,000 Square Feet of New Leases Signed in 2022
PHILADELPHIA, Oct. 12, 2022 /PRNewswire/ -- PREIT (NYSE: PEI), today, highlighted continued momentum in store openings and occupancy across its portfolio. As of June 30, 2022, PREIT increased total core mall occupancy by 480 basis points to 93.8% and 420,000 square feet of new leases were executed through the third quarter of 2022. New tenants will continue to open throughout this year and next, enhancing the value of the Company's portfolio.
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