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Dynamic quotes 
OFFON

PENNSYLVANIA REAL ESTATE INVESTMENT TRUST

(PEI)
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Business Summary
Logo Pennsylvania Real Estate Investment Trust
Pennsylvania Real Estate Investment Trust (PREIT) is a self-managed and self-administered real estate investment trust (REIT). The Company's primary business is owning and operating retail shopping malls, which it does primarily through operating partnership, PREIT Associates, L.P. (PREIT Associates). The Company is engaged in the ownership, management, leasing, acquisition, redevelopment, development and disposition of shopping malls. The Company has a primary investment focus on retail shopping malls located in the eastern half of the United States, primarily in the Mid-Atlantic region. The Company owns interests in approximately 26 retail properties, of which 25 are operating properties and one is development property. The Company's 2s operating properties include 21 shopping malls and four other retail properties, with a total of 20.1 million square feet and are located in nine states.

Number of employees : 175 people.
Sales per Business
20192020Delta
Real Estate Investment Trust336.7999.9%261.8299.9% -22.26%
USD in Million
Sales per region
20192020Delta
United States336.7999.9%261.8299.9% -22.26%
USD in Million
Managers
Name Title Age Since
Joseph F. Coradino Chairman-Trustees Board & CEO 68 2017
Mario C. Ventresca Chief Financial Officer & Executive Vice President 53 2020
Bradford Hughart Vice President-Information Technology - 2004
Rudolph Alberts Senior Vice President-Operations - -
Lisa M. Most Secretary, Chief Compliance Officer & Executive VP 50 -
John Joseph Roberts Independent Trustee 75 2003
Mark E. Pasquerilla Independent Trustee 60 2003
Charles P. Pizzi Lead Independent Trustee 69 2013
Michael J. DeMarco Independent Trustee 59 2015
George J. Alburger Independent Trustee 72 2017
Members of the board
Name Title Age Since
Joseph F. Coradino Chairman-Trustees Board & CEO 68 2017
John Joseph Roberts Independent Trustee 75 2003
Mark E. Pasquerilla Independent Trustee 60 2003
Charles P. Pizzi Lead Independent Trustee 69 2013
Michael J. DeMarco Independent Trustee 59 2015
George J. Alburger Independent Trustee 72 2017
JoAnne A. Epps Independent Trustee 68 2018
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 80,205,329 59,058,149 73.6% 0 0.0% 70.6%
Stock B 0 3,450,000 0 0.0% 0 0.0%
Stock C 0 6,900,000 0 0.0% 0 0.0%
Stock D 0 5,000,000 0 0.0% 0 0.0%
Shareholders
NameEquities%
John R Saunders 5,400,000 6.73%
APG Asset Management US, Inc. 3,640,300 4.54%
Steven H Korman 3,413,901 4.26%
AEW Capital Management LP 3,392,000 4.23%
Carlson Capital LP 2,774,463 3.46%
The Vanguard Group, Inc. 2,636,150 3.29%
Cygnus Capital, Inc. 2,518,034 3.14%
RREEF America LLC 2,271,876 2.83%
Global X Management Co. LLC 2,096,011 2.61%
Pacific Heights Asset Management LLC 2,000,000 2.49%
Brand Portfolio
In partnership withAllbrands.markets
More brands of Pennsylvania Real Estate Investment Trust