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Cherry Hill Mall (A PREIT Shopping Center) Continues To Attract Top-Tier Tenants & Shoppers

Sales at Cherry Hill Mall are a standout performer and serves to attract new tenants across PREIT’s portfolio.

Cherry Hill Mall, a PREIT (OTCQB: PRET) shopping center, continues to attract top-tier tenants and shoppers. Earlier this month, the property welcomed Eddie V’s, a prime quality seafood restaurant, offering a fine dining experience.

Its first location in South Jersey, Eddie V’s high-quality offering adds to an already dynamic full-service dining lineup comprising The Capital Grille, Seasons 52, Maggiano’s Little Italy, and Bahama Breeze.

“The interest of these coveted brands and experiences demonstrates our commitment to providing best-in-class retail offerings,” said Joseph F. Coradino, CEO of PREIT. “Cherry Hill Mall continues to be a beacon for new-to-portfolio tenants elevating the region’s shopping, dining, and entertainment needs.”

The recently opened Eddie V’s, Psycho Bunny and the IKEA pop-up shop and remodeled H&M, Garage and Aldo stores build upon an existing robust tenant roster and will be fortified by upcoming additions of Brooks Brothers and UNIQLO this summer, and Oak & Fort later this year, among others. At $940 per square foot, sales at Cherry Hill Mall are a standout performer and serves to attract new tenants across PREIT’s portfolio.

“Throughout our portfolio, capitalizing on incredible retail demand to introduce new-to-market tenants to our powerful collection of properties is a priority and highlights brick-and-mortar as a key component of a successful retail strategy,” added Coradino.

About PREIT

PREIT (OTC:PRET) is a publicly traded real estate investment trust that owns and manages innovative properties developed to be thoughtful, community-centric hubs. PREIT’s robust portfolio of carefully curated, ever-evolving properties generates success for its tenants and meaningful impact for the communities it serves by keenly focusing on five core areas of established and emerging opportunity: multi-family & hotel, health & tech, retail, essentials & grocery, and experiential.

Located primarily in densely-populated regions, PREIT is a top operator of high-quality, purposeful places that serve as one-stop destinations for customers to shop, dine, play, and stay.

Additional information is available at www.preit.com or on Twitter, Instagram or LinkedIn.

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