The 1.3 million-square-foot Cherry Hill Mall is set to welcome six new tenants in the next year, reinforcing its status as the “crown jewel” of PREIT’s South Jersey portfolio. Philadelphia-based PREIT emerged from Chapter 11 bankruptcy protection in April, transitioning from a public company to a private entity under new leadership. These new leases at Cherry Hill Mall coincide with PREIT’s executives evaluating the company’s portfolio and developing a fresh business plan.

*Article courtesy of Philadelphia Business Journal

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