Wednesday, June 24, 2020

PREIT reports non-anchor occupancy at 85% across its re-opened malls

One of America’s biggest mall owners is back in business with a great majority of its tenants at their registers.

PREIT’S Capital City Mall in Harrisburg, Pa., and Dartmouth Mall in Providence, R.I., were both 85% occupied on re-opening days. PREIT was positive about traffic, too, noting that the Patrick Henry Mall in Newport News, Va., drew 99% as many visitors as it did in the same week last year. . . . more