Pennsylvania Real Estate Investment Trust

  • PREIT to Purchase Springfield Town Center for $465M

    A large, D.C. area retail property is getting ready to welcome new owners. Pennsylvania Real Estate Investment Trust (PREIT) has announced on March 3, it has entered into an agreement with Vornado Realty Trust to buy the Springfield Town Center in Springfield, Va. The price of the transaction is huge, $465 million.

    Washington Dc 10 March 2014 19:44

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