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PREIT Executes 90,000 Square Foot Lease for Self Storage Facility at Mall at Prince George's


PREIT Executes 90,000 Square Foot Lease for Self Storage Facility at Mall at Prince George s
Transaction highlights PREITs ingenuity in transforming underutilized space, that had never been occupied before, and delivering a broad array of uses
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PHILADELPHIA, Feb. 2, 2021 /PRNewswire/  PREIT (NYSE: PEI), a leading operator of distinctive real estate in high barrier-to-entry markets, today announced that is has signed a new lease for a self storage facility at Mall at Prince George s in Hyattsville, MD.   The site will be developed by Poverni Sheikh Group, LLC, it s 10
th self-storage project in the Mid-Atlantic.  The approximately 90,000 square foot facility of drive-in sub grade space is expected to open in Q1 2022, delivering a new source of non-retail revenue. ....

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