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PREIT announces new retail leases
Philadelphia -- Pennsylvania Real Estate Investment Trust announced that almost half-a-million sq. ft. of leasable space was signed or opened across its mall portfolio since the end of April.
According to PREIT, leases have been executed with J.C. Penney, Nordstrom Rack, Bravo Cucina Italiana and Forever 21 at Willow Grove (Pa.) Park, in the reconfigured space formerly occupied by Strawbridge’s.
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J.C. Penney, Nordstrom Rack to join Willow Grove Park lineup
Philadelphia -- Pennsylvania Real Estate Investment Trust announced that J.C. Penney, Nordstrom Rack, Bravo Cucina Italiana and Forever 21 will join The Cheesecake Factory in 190,000 sq. ft. of anchor space formerly occupied by Strawbridge’s at Willow Grove Park in suburban Philadelphia.
The reconfiguration of the former Strawbridge’s store sets the stage for continuing the fashion-oriented merchandising strategy that differentiates the mall and appeals to a wide range of shopping and dining tastes.