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Moorestown Mall Owner Reports $49 6M In Losses To Start 2021

Moorestown Mall Owner Reports $49.6M In Losses To Start 2021 Patch 2 days ago Anthony Bellano © Photo Credit: Anthony Bellano The Pennsylvania Real Estate Investment Trust (PREIT) reported $49.6 million in losses for the first three months of 2021. MOORESTOWN, NJ The owners of the Moorestown Mall reported a loss of $49.6 million for the first three months of the year. The Pennsylvania Real Estate Investment Trust (PREIT) on Thursday posted its quarterly report for the first three months of 2021. The $49.6 million loss for the period ending March 31 comes out to a loss of about 64 cents per share. Over the same period last year, PREIT lost $19.9 million, or 26 cents per share.

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Cooper To Open Outpatient Clinic At Moorestown Mall, PREIT Says

UpdatedFri, Mar 12, 2021 at 11:19 am ET Reply The former Sears store at the Moorestown Mall will become a Cooper Hospital outpatient location, the mall owners announced this week. (Photo Credit: Anthony Bellano) MOORESTOWN, NJ The former Sears store at the Moorestown Mall will become a Cooper Hospital outpatient location, the mall owners announced this week. A transaction has been executed with Cooper Hospital for an outpatient location in the former Sears space at Moorestown Mall, the Pennsylvania Real Estate Investment Trust (PREIT) said in announcing its full 2020 financial results and earnings for the first quarter of 2021. Cooper University Health Care, a leading academic health system in the southern New Jersey and Philadelphia region, will open a specialty care facility in the former Sears location at Moorestown Mall occupying over 165,000 square feet, PREIT officials said in a statement. With this addition and the apartments and hotel planned for the site, the pro

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Planning Board Pegs Moorestown Mall Area In Need Of Redevelopment

Planning Board Pegs Moorestown Mall Area In Need Of Redevelopment
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