Last Updated: June 6, 2006 03:28pm ET
PREIT Buys Two Former Strawbridge's
PHILADELPHIA-The units are located at Cherry Hill Mall in New Jersey and Willow Grove Park in Pennsylvania, properties already owned by the retail REIT. Boscov’s will lease 180,000 sf of the Willow Grove unit.
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Distressed CRE Continues to Ebb
WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.



