Mall owner thrilled by Cherry Hill (PhillyInc)

Mall owner thrilled by Cherry Hill

Tenants of the Cherry Hill Mall had the most sales per square foot of any of the 38 malls owned by the Pennsylvania Real Estate Investment Trust.
In the quarter ended March 31, stores in the mall generated $483 per square foot in average comparable sales, up 4.4 percent from a year earlier, the company said in a filing with the Securities & Exchange Commission. The Philadelphia-based company is planning a $250 million redevelopment of the mall that's expected to be done in 2009. -- Jonathan Berr

Posted by phillyinc on May 7, 2007 4:51 PM | Permalink

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This page contains a single entry from the blog posted on May 7, 2007 4:51 PM.

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