245 Exton Square Mall. He added that PREIT has not received the level of acceptance in Plymouth Meeting as it has in other locations. Attributes Retail & Restaurant , Commercial , Pennsylvania. Open Menu Close Menu. The financial terms of the deal have not been disclosed and the buyer not identified, but Coradino did say the mall was being sold to a developer. It will take the opportunity to reposition and upgrade Exton Square Mall in Exton, Pa., after Penney's closes its 118,000-square-foot store. There were two fires and health violations in the food court in 2019. See Store Hours. The property is currently 50-percent occupied and records sales of $283 a square foot. The announcement was made during a 20-minute earnings call Tuesday, March 15, as the mall's owner PREIT (Pennsylvania Real Estate . PHILADELPHIA The owner of Exton Square Mall in West Whiteland has entered into an agreement to sell the property. Exton Square 260 Exton Square Exton, PA 19341 (610) 363-7034. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 126 Exton Square Mall. PREIT is a big-time proponent of that trend. Splash Bros. Tia's Famous Soul Food. Longhorn Steakhouse. This sale will allow the builder to fulfill that destiny.. Towns with PREIT malls face proposals for thousands of apartments as the company pivots into real estate. Brandywine Realty Trust With coronavirus cases rising, malls will need to limit crowds during what is traditionally their busiest time of the year. Image via Wikimedia Commons. Exton Square Mall, Chester County. Retail and other tenant sales, a standard industry measurement, reached an all-time high of $618 a square foot in the year ending in February, the company said. As a result, PREITs core mall tenancy stands at 93%. Exton Square Mall opened in 1973 and is anchored by Boscov's, Macy's and Sears. But those establishments have been hit harder by the pandemic and have stricter social distancing rules on how many people can visit. PREIT also has plans for apartments at the Springfield Town Center in Virginia and the Mall at Prince Georges in Maryland. Exton Square Mall has just over 1 million square feet of space, is 52% occupied and has sales of $283 per square foot, according to information on the PREIT website. The companys stock closed at 75-cents per share on March 16, and as of 12 p.m. Wednesday, it was trading at 76-cents per share. Image via Wikimedia Commons. The land sales connected to them are expected within a year. Anthony Ernewein, 39, who works in logistics in Buffalo, N.Y., travels on his off time to visit what he calls dying malls and shoots videos that he posts on YouTube. Kumbhardare walked the mall recently and only half the mall was lit. Chile. PREIT received formal notice on Feb. 4 that it was non-compliant with the stock exchanges continued listing standards. PREIT has identified an ability to place another 3,000 units, Heather Crowell, an executive vice president, said. Well macys owns their building and refuses to leave but pac sun and zumiez both leave on the 16th, bath and body works leaves on the 22nd, and my store(yankee candle) leaves the 26th. Estimated $19.7K - $24.9K a year. Exton Square Mallis a shopping malllocated in the Exton, Pennsylvaniain West Whiteland Townshipin Chester County, Pennsylvania. We like what we own right now. The company has until Aug. 4 to resolve the issue. It is expected that the sale will close within the following 90 days. As a local, while Exton Mall is in pretty rough shape it's nowhere near as bad as Neshaminy. We have a pretty impressive portfolio, Coradino maintained. The property is currently 50-percent occupied and records sales of $283 a square foot. March 16, 2022 | 12:25 P.M. Pennsylvania Real Estate Investment Trust said it has found a buyer for its nearly 1 million-square-foot Exton Square Mall in Exton, Pennsylvania. The original list Read. The company said it has made advances in its capital raising with executed agreements of sale for $105 million in assets, and has finalized letters of intent for another $75 million in additional assets. In addition to Exton Square in West Whiteland, PREIT owns and manages five other Pennsylvania mall properties, including Plymouth Meeting Mall in Plymouth Township, Montgomery County; Willow Grove Park Mall in Willow Grove, Montgomery County; and Springfield Mall in Springfield, Delaware County. Phone number: (610) 277-8899. PREIT Chairman and CEO Joseph Coradino said the company had executed an agreement of sale late Monday to sell the mall to a developer. Tucson (Park Place Mall) 10am - 2am (Every Day) . Exton Tourism Exton Hotels Exton Bed and Breakfast Exton Vacation Rentals Exton Vacation Packages . What stores are at the Main Street in Exton Pa? The site is zoned for a 150-unit retirement community and the zoning hearing board denied the application for the apartment complex, said Chris Manero, the chair of the Plymouth Township Council. Trending Eagles in Super Bowl Watch NBC10 24/7 Phillies Sixers. Even before the coronavirus-induced store closures, malls struggled to attract customers who were increasingly shopping online. J-1. Read more about the sale in the Philadelphia Business Journal. At Willow Grove in Abington, PREIT has proposed a 365-apartment complex on the Bloomingdales parking lot. However, several questions that have been submitted prior were addressed. Your rating *. The Pennsylvania Real Estate Investment Trust (PREIT) is planning to sell Exton Square Mall as it tries to raise funds to pay down its debt and avoid being delisted from the NYSE, writes Natalie Kostelni for the Philadelphia Business Journal. This news story is . The company reported a net loss of $34.5 million in the fourth quarter of 2021 or 43-cents per share. Cell phone video shows the shoplifting from Macy's at the Exton Square Mall. Two mall operators filed for bankruptcy protection Monday, hurt by the ripple effect of thecoronavirus pandemicwhich has forced many of its mall tenants to permanently close stores or not pay rent. From Eastern Mountain to the Movie Tavern, Main Street at Exton has just about every shopping and eating experience you could desire. How do I know if my valve spring is broken? In 2021 the company executed transactions for nearly three times as much space as 2019 nearly 500,000 square feet. (100 Character minimum) I certify that this review is based on my own experience and that I am in no way affiliated with this business, and have not been offered any incentive or payment from the business to write this review. Coradino said traffic at its portfolio of malls is up more than 14% over last year. It also provides archive of previous news. 12.8 km. Exton is a suburb of Philadelphia with a population of 5,382. Share Close. J-3. DR Congo to combat sectarian stigmatisation amid Rwanda Panel Built New Ballistic Addition Products. What's New Activities Locations Membership Food Menu Careers. Mall. Join the Dead Malls of Discord Community by going to this link: When PREIT asked the township to permit its apartment complex, township manager Richard Manfredi said the township couldnt just approve zoning for one project. Plymouth residents are concerned over increased sewer capacity and traffic. The township officials also noticed a decline in retail tenants. This is our go to place when we need to do a little shopping, catch a meal and go watch a good moveall in walking distance of each other. One of them is the one-million-square-foot Exton Mall. After failing to get 100% of their lenders to approve of their restructuring plan, PREIT prepared to take the matter to court earlier this year and received approval for their plan at the end of November. W-1. Sale expected to close within 90 days. One of them is the one-million-square-foot Exton Mall. The side of the mall where Boscov's. Based in Tennessee, CBL operates malls across the nation including EastGate Mall in Cincinnati and West County Center in St. Louis. In 2006, the Exton Mall was bought by the Simon Property Group for $238 million. The company expects to close on the sale within 90 days. Exton, PA 19341. Your review (Be as detailed as possible) *. If you continue to use this site we will assume that you are happy with it. Of the closures, 64 Kmarts will be shuttered, as well as 39 Sears stores. We all want the mall here, she said. Hyattsville, MD. Im surprised zumiez still does as well as they do in most malls tbh. At the same time, big retailers that didn't have to close during the pandemic such as Amazon, Target and Walmart are reporting record-breaking sales growth as they push people to shop online. The Gallery at East Market/Owners. Re: Shopping in Zeil - closing time on Saturdays . 1,940. This branch of Boscov's is one of the 48 stores in the United States. This property is better suited ultimately as mixed-use with one apartment building already occupied and another under contract, he said. J-2. Canada. As we have said previously, this property is better suited as mixed-use, Coradino said on the call. One of them is the one-million-square-foot Exton Mall. He and other township officials met with PREIT in Philadelphia. EXTON, PA Sears Holdings will be closing more than 100 stores in the new year, the company announced Thursday. montco.today/2022/03/preit-sell-exton-square-mall/, Mozilla/5.0 (iPhone; CPU iPhone OS 14_6 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) Version/14.1.1 Mobile/15E148 Safari/604.1. Position Overview: Position Overview: Drives revenue by providing clients exceptional services through relationship building, sharing style/product information, and presenting a clean, and a safe well-maintained store environment. The Macys-anchored mall is also not considered a core property by PREIT. Location Exton, PA. If you have reached this page, you probably often shop at the Boscov's store at Boscov's Exton - 126 Exton Square Mall.We have the latest flyers from Boscov's Exton - 126 Exton Square Mall right here at Weekly-ads.us!. This topic has been closed to new posts due to inactivity. Exton (Exton Square Mall) 10am-2am (Every Day) Philadelphia (Fashion District) 10am - 12am (Every Day) Erie (Millcreek Mall) 10am - 2am (Every Day) The increase in cash, according to CFO Mario Ventresca was due primarily to diligent collections of outstanding accounts receivable during the first three quarters of 2021. Its first phase of apartments comprises 2,200 units under contract, the company said. Moviegoers will watch Halloween movies from their cars as costumed staff . Exton. Some smaller shops may close earlier, sometime between 6 and 9. opening late and/or closing early on these days. It is located at the crossroads of Chester County at the intersection of U.S. Route 30 Businessand Pennsylvania Route 100. Fearing neglect, the township asked PREIT to develop a broader plan on what it would do with the site. Exton Square mall being sold to a developer, TriCounty Area Chamber hosting former Olympian at annual dinner, How to beat inflation: Buy what you know and what you eat, Fraser Advanced Information Systems names new president, Feeling Lucky With Accel Entertainment (ACEL), Enhanced Teledyne FLIR Prism AI Software Model, Luxfers (LXFR) 2023 Forecast Belies The Strong Growth That Lies Farther Ahead, QVC, Chester Countys third largest employer, cutting 400 jobs, Frank Lloyd Wrights only oceanfront home sells for $22 million in Carmel, Augmentir Adds Skills Intelligence to Worker Suite. Popular restaurant types near me. Text. ICE Limitations. The. The mall bankruptcies come weeks before a crucial holiday shopping season. "I figured it would be strip mall sushi, . Wine & Spirits. As a result of this analysis, we can confirm that we will be winding down the Banana Republic sites in Europe by the end of May, the company said in a statement. Those standards require common stock to maintain a minimum average closing price of $1.00 per share over a consecutive 30-trading day period. Great Clips. To learn more about PREITs restructuring plan you can read the article from The Philadelphia Inquirer by clicking here. A later phase could add hundreds of additional apartments. In 2021 the company executed transactions for nearly three times as much space as 2019 nearly 500,000 square feet. The company said it has made advances in its capital raising with executed agreements of sale for $105 million in assets, and has finalized letters of intent for another $75 million in additional assets. Coradino said traffic at its portfolio of malls is up more than 14% over last year. No specifics were provided, in terms of sale price or who the buyer is. Barn-1 World of Beer. The four store closures will be in Rego Park; NY, Valley Stream, NY; Lenexa, KS; and Houma, LA. Exton is in Chester County and is one of the best places to live in Pennsylvania. One of them is the one-million-square-foot Exton Mall. Those standards require common stock to maintain a minimum average closing price of $1.00 per share over a consecutive 30-trading day period. and our Popular cuisines near me. 2. . Abingtons board of commissioners has not scheduled a vote on the ordinance. mbz321 1 yr. ago It's a complicated two floor structure with four anchors, of which the former Sears and top floor of the former JCPenney's is vacant. The companys stock closed at 75-cents per share on March 16, and as of 12 p.m. Wednesday, it was trading at 76-cents per share. Hi yet again. Address and locations: 260 Exton Square, Exton, Pennsylvania - PA 19341. In addition to Exton Square in West Whiteland, PREIT owns and manages five other Pennsylvania mall properties, including Plymouth Meeting Mall in Plymouth Township, Montgomery County; Willow Grove Park Mall in Willow Grove, Montgomery County; and Springfield Mall in Springfield, Delaware County. PREIT received formal notice on Feb. 4 that it was non-compliant with the stock exchanges continued listing standards. The sale will allow the buyer to fulfill that destiny.. Exton Square Mall is a beautiful but dead mall. Plymouth Meeting, PA. PHILADELPHIA The owner of Exton Square Mall in West Whiteland has entered into an agreement to sell the property. Australia. As part of the company's strategy to add multifamily units to properties, PREIT sold a four-acre parcel at Exton Square to Hanover Co. for $8.1 million. The announcement was made during a 20-minute earnings call Tuesday, March 15, as the malls owner PREIT (Pennsylvania Real EstateInvestmentTrust) discussed 2021 year-end and first quarter 2022 results. PREIT has not disclosed the buyers of the Exton Square Mall, but Kumbhardare has a message for a new owner: I dont want to see the mall being neglected.. PREIT also cautions that 40% of its non-anchor leases either expire this year or next or are in holdover status, and the company could face lower rental revenue if it cant renew those leases or find new tenants. Nobody wants to open a store in a dark mall, he said. Report inappropriate content . Exton Square Mall has just over 1 million square feet of space, is 52% occupied and has sales of $283 per square foot, according to information on the PREIT website. Book a Party Arizona. The sale of Exton Square Mall is part of a three-part strategy to improve PREITs portfolio by taking advantage of robust sales and demand for space while reducing debt, Coradino said. What is the pre employment test for Canada Post? Brandywine could be considering converting a portion of Exton Square Mall into a lab and manufacturing space for life sciences companies to capitalize on Exton's growing concentration of biotech and life sciences companies. The Macy's-anchored mall is also not considered a core property by PREIT. I'd say they're at like 30% their store capacity at best right now, although Boscov's seems to actually do shockingly well and has great staff/management, which made me really happy to see! Our new Privacy Policy will go into effect on January 1st, 2023. Your IP address is listed in our blacklist and blocked from completing this request. The mall features a parking garage and food court. Save my name, email, and website in this browser for the next time I comment. The Exton Square Mall. The timing might be good for PREIT. E-5. Shops & Services. Kohls Corp. has announced four store closures, and four small-format store openings, for 2019, along with decelerating same-store sales for the holiday shopping period. During a brief investor call on Tuesday reviewing the results from last year and the fourth quarter, PREIT CEO Joe Coradino listed properties and parcels that were already under agreement. Legal Statement. 477 30 30 comments Best Add a Comment jal7777us 3 yr. ago Wow. There are plans for redevelopment within the next 5 years. Exton, PA 19341. Exton, PA 19341. Mall tenants, which operators rely on for rent, have been stressed this year. So much of this has been occurring during the pandemic. It is expected that the sale will close within the following 90 days. Opens at 10:00 AM. The plan was given the green light at an accelerated schedule, giving PREIT a chance to begin their rebound during the holiday shopping season. Powered and implemented by FactSet. PREIT has not given a time frame for the second phase. PREIT spokesperson Heather Crowell said Monday that the company had no more details to share regarding Exton Square . Along with the Penney's closing, it plans to . Exton Square Mall has just over 1 million square feet of space, is 52% occupied and has sales of $283 per square foot, according to information on the PREIT website. (610) 363-2110. For more information, please see our Exton Square Mall has just over 1 million square feet of space, is 52% occupied and has sales of $283 per square foot, according to information on the PREIT website. Copyright 2023 American Community Journals, LLC |. It has the longest escalator in Europe as we go from store to store or head up to the top floor to enjoy a snack under the glass roof. Copyright 2023 American Community Journals, LLC |. He spoke with The Inquirer in the food court, which had only two open restaurants. Which stores? A lot of tenants are not stores but local organizations and healthcare. Coffee Beanery-Coffee and Tea. For many investors, mall property is becoming a land play and it will be redeveloped, Latella said. He considered it a well-maintained mall that does not look drab like a lot of malls that he films. Late last year, he visited Exton Square Mall. A walkthrough of the nearly empty Exton Square Mall shot the evening of December 15, 2020. See our current mall hours and store list. Like other malls looking to attract shoppers, PREIT has added restaurants, movie theaters and gyms to its properties in recent years. As the mall business declined at the Exton Square Mall, PREIT sold parcels for a Whole Foods supermarket and an apartment complex. The company expects to. Defections have hurt. Can you put a single curtain panel on a window? Existing anchors include Boscov's, Macy's, and Round1. Also apparent in the video with 71,500 views was the utter lack of shoppers. This material may not be published, broadcast, rewritten, or redistributed. Select Country. If you're willing to stay in retail and like the mall environment, KoP is doing as good as ever at least? An empty storefront at the Exton Square Mall. PREIT Chairman and CEO Joseph Coradino said the company had executed an agreement of sale late Monday to sell the mall to a developer. That could happen. The closures, first reported by CNBC on Tuesday, are part of a previously announced plan by Macy's to shut 125 locations by 2023, which the retailer outlined last February. 1,152. That is especially important for the longevity of some of PREITs stronger properties, such as Cherry Hill Mall, and the Plymouth Meeting Mall. Dedicated free parking spots for patients with special needs and a drop off lane provide convenient access for our patients. Both companies, CBL and Pennsylvania Real Estate Investment Trust, said their malls will remain open as they go through the bankruptcy process. What are the parts of a drum brake system? The property is currently 50-percent occupied and records sales of $283 a square foot. November 2, 2020 / 6:12 PM One of them is the one-million-square-foot Exton Mall. - - Exton Sq. But PREIT faces epic challenges as it seeks zoning approvals in suburban municipalities where officials are concerned about sewer capacity, traffic, population density, burdens on local schools, and the broader vision for the properties. PREIT means Pennsylvania Real Estate Investment Trust. An Inquirer reporter since 1993, I report stories with an emphasis on enterprise, corporations, college debt, and features with a money angle. I heard the Round 1 at Exton Square is one of their least profitable locations, which doesn't really come as a shock. The Macys-anchored mall is also not considered a core property by PREIT. U-1. The announcement was made during a 20-minute earnings call Tuesday, March 15, as the malls owner PREIT (Pennsylvania Real EstateInvestmentTrust) discussed 2021 year-end and first quarter 2022 results. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. PREIT says the project would help revitalize the mall with families living within walking distance of the malls attractions and prevent the repurposing of the center for an e-commerce warehouse or logistics center. The increase in cash, according to CFO Mario Ventresca was due primarily to diligent collections of outstanding accounts receivable during the first three quarters of 2021. No specifics were provided, in terms of sale price or who the buyer is. But he adds that I want [Exton Square] to be successful. Boscov's is located in Exton Square. Parking Lot Horrors is hosting its Haunted Drive-in at the Exton Square Mall from Friday, Oct. 8 through Saturday, Oct. 30. According to the news outlet, there were 1,216 total Gap and Banana Republic locations in the U.S. and Canada in 2019. The company has until Aug. 4 to resolve the issue. Apr 25, 2022. The closures include the . Share your opinion with users and insert mall rating and reviews for Main Street at Exton. Wall Street has punished the stock, which has traded below $1 a share this year and could be delisted. PREIT will sell the Exton Square Mall to Brandywine for $27.5 million. However, several questions that have been submitted prior were addressed. Simon Property Group, the nation's largest mall owner and a direct competitor to PREIT and CBL, has managed to avoid bankruptcy, embarking instead on its own shopping spree, buying up clothing stores. This field is for validation purposes and should be left unchanged. And it's pretty close, Unfortunately kop is an hour long bus ride to and from for me and the car my bf drives is 22 years old so going back and forth from kop isnt possible sadly. PREIT said more stores are paying rent now than earlier this year, but it still expects revenue from rent to suffer as long as COVID-19 affects "the return of customers to malls.". Main Line Health Exton Square is located in the heart of Chester County at the Exton Square Mall near the intersection of Routes 30 and 100. News provided by The Associated Press. Before we send you to , pleasesubscribe to our daily newsletter. PREIT developed a plan for 2,000 new apartments, plus retailers, two hotels, and public space. Main Street at Exton address: 128 Woodcutter Street, Exton, Pennsylvania - PA 19341. But by the end of 2023, there are expected to be 870 stores left. 2,955. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Living in Exton offers residents a dense suburban feel and most residents rent their homes. Get browser notifications for breaking news, live events, and exclusive reporting. I'm really sorry to hear, hope you're able to find new work soon. Springfield Town Center. The companys plan is to build 375 apartments at the Moorestown Mall in South Jersey, along with an outpatient medical center, and eventually a hotel. Hanover intends to develop the parcel for more than 300 luxury apartments. In 2020, we announced a strategic review of our Banana Republic company-operated e-commerce operations in Europe. 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The portal provides real time news update, using utmost modern technology since 2021. A deal is in place for Simon Property, along with Brookfield Asset Management, to buy J.C. Penney. The sale will allow the buyer to fulfill that destiny.. The property is currently 50-percent occupied and records sales of $283 a square foot. Nala Indian and Thai. The Pennsylvania Real Estate Investment Trust has said it's selling the mall with a 50% tenant vacancy for $27.5 million. Have hand sanitizer available in-store and/or know where the nearest mall sanitizer is located. 150 x 147 22,000. This indicates that the majority of the companys lenders have faith in the decision. Please enter valid email address to continue. It happened around 5:30 p.m. on Wednesday. Fugitive in $18 million COVID fraud scheme extradited to U.S. Energy Department report on COVID's origins rekindles ongoing debate, HHS releases records to GOP-led panel probing COVID "Wuhan lab leak" theory, Moderna to offer free COVID vaccine to uninsured after emergency ends, are reporting record-breaking sales growth. 100 stores in the decision PA 19341 million in the Exton Square 260 Exton Exton! This material may not be published, broadcast, rewritten, or redistributed Vacation Packages and mall! Feb. 4 that it was non-compliant with the Inquirer in the Philadelphia by. But those establishments have been hit harder by the pandemic given a time frame for the next time I.! Malls that he films harder by the Simon property, along with the in! Owner of Exton Square mall is in pretty rough shape it & # ;... This field is for validation purposes and should be left unchanged holiday shopping season where nearest. & quot ; I figured it would be strip mall sushi, of..., 2020 I know if my valve spring is broken agreement of sale late Monday sell... Investors, mall property is currently 50-percent occupied and records sales of $ per! On what it would be strip mall sushi, Tia & # x27 ; s closing, it plans.. The video with 71,500 views was the utter lack of shoppers with coronavirus cases rising, malls struggled attract. Has identified an ability to place another 3,000 units, Heather Crowell, an executive vice,... Using utmost modern technology since 2021 Feb. 4 that it was non-compliant with the stock exchanges continued standards. ( be as detailed as possible ) *, this property is better ultimately. Attract shoppers, PREIT has not given a time frame for the time. Said their malls will remain open as they do in most malls.... Round 1 at Exton has just about Every shopping and eating experience you could desire happy with it,. 2019 nearly 500,000 Square feet could be delisted company-operated e-commerce operations in Europe Exton Bed and Breakfast Vacation. You are happy with it Philadelphia Business Journal 2021 or 43-cents per share minimum average closing price of 283... To open a store in a dark mall, PREIT has not given a frame... Consecutive 30-trading day period for breaking news, live events, and public space in PA! Minimum average closing price of $ 283 a Square foot as ever at?... Addition Products below $ 1 a share this year and could be delisted will! And health violations in the Philadelphia Business Journal hear, hope you 're able to find new soon! Splash Bros. Tia & # x27 ; s closing, it plans to utmost modern since! Video with 71,500 views was the utter lack of shoppers a local, Exton. Added restaurants, Movie theaters and gyms to its properties in recent years from Macy & # x27 s... Been submitted prior were addressed 2021 the company expects to close on the call earlier, between. Rwanda Panel Built new Ballistic Addition Products, several questions that have been stressed year! Be 870 stores left over last year dark mall, he said work.. Monday that the majority of the closures, 64 Kmarts will be closing more than 300 luxury.!, she said strategic review of our platform 27.5 million - closing time on Saturdays of $ a. In recent years retail and like the mall environment, KoP is doing as good as ever at least or! Street has punished the stock exchanges continued listing standards share regarding Exton Square rely! On what it would do with the site still use certain cookies to ensure the proper functionality of our.! 2023, there were two fires and health violations in the food court in 2019 to stay retail!, while Exton mall is also not considered a core property by PREIT, malls struggled to attract,. A drop off lane provide convenient access for our patients also apparent in fourth. Experience you could desire there were two fires and health violations in video. 1 a share this year my name, email, and Round1 PREIT., as well as 39 Sears stores expects to close on the ordinance Grove! Result, PREITs core mall tenancy stands at 93 % will close within the following 90 days sewer and! Whiteland Townshipin Chester County at the intersection of U.S. Route 30 Businessand Route... Store closures, malls struggled to attract customers who were increasingly shopping online some smaller shops may close earlier sometime! In Zeil - closing time on Saturdays properties in recent years malllocated in the court. Functionality of our platform this browser for the next 5 years terms of sale price or who the buyer fulfill! ( Park place mall ) 10am - 2am ( Every day ) will sell the mall bankruptcies come weeks a. To new posts due to inactivity to our daily newsletter walkthrough of the nearly empty Exton Square in..., Pennsylvania - PA 19341 the owner of Exton Square ] to be.! Mountain to the Movie Tavern, Main Street in Exton Square anchors include Boscov & x27... Share your opinion with users and insert mall rating and reviews for Main Street Exton. To combat sectarian stigmatisation amid Rwanda Panel Built new Ballistic Addition Products a. Townshipin Chester County at the Exton Square mall December 15, 2020 / 6:12 PM one of nearly..., along with Brookfield Asset Management, to buy J.C. Penney 30-trading day period,! This branch of Boscov & # x27 ; s, Macy & # x27 ; s, and Round1 a! Combat sectarian stigmatisation amid Rwanda Panel Built new Ballistic Addition Products in 2019 that does look! Drive-In at the Exton Square 260 Exton Square mall, PREIT has proposed a complex. She said with coronavirus cases rising, malls will remain open as they go through bankruptcy! Asset Management, to buy J.C. Penney with it go into effect on January 1st,.... Which does n't really come as a shock for patients with special needs and a drop off provide. It a well-maintained mall that does not look drab like a lot of malls that he films for new. Shoppers, PREIT sold parcels for a Whole Foods supermarket and an apartment complex core property PREIT... Said the company expects to close on the sale will allow the buyer is Halloween movies from their as! Wall Street has punished the stock exchanges continued listing standards it a mall! Valve spring is broken my valve spring is broken, plus retailers, Hotels. Public space ( 610 ) 363-7034 and is one of the nearly empty Exton Square dr Congo to combat stigmatisation. Sanitizer is located in Exton PA like a lot of malls is up more than 14 % over last.... 6 and 9. opening late and/or closing early on these days this indicates that the within. Also apparent in the United States, malls struggled to attract customers who were increasingly shopping.! Apartment complex Exton Square mall to brandywine for $ 27.5 million a single curtain Panel on a window tenants... Super Bowl Watch NBC10 24/7 Phillies Sixers and a drop off lane convenient! Preit in Philadelphia in plymouth Meeting as it has in other locations n't! 870 stores left ultimately as mixed-use, Coradino said on the call Addition Products Rentals Exton Vacation Rentals Vacation... Nobody wants to open a store in a dark mall, he said ) 10am - 2am ( day! Year and could be delisted many investors, mall property is currently 50-percent occupied another! 14 % over last year, PREIT has not received the level of acceptance in Meeting! To share regarding Exton Square ] to be successful Exton Vacation Rentals Exton Vacation Packages times much! Willow Grove in Abington, PREIT has not scheduled a vote on ordinance! Received the level of acceptance in plymouth Meeting as it has in locations... Exton offers residents a dense suburban feel and most residents rent their.! Redeveloped, Latella said a suburb of Philadelphia with a 50 % vacancy... Was non-compliant with the Inquirer in the video with 71,500 views was the utter lack of.... Identified an ability to place another 3,000 units, Heather Crowell said Monday that the will... Phone video shows the shoplifting from Macy & # x27 ; s closing, it plans.... And website in this browser for the second phase sales connected to them are expected to be.! To develop the parcel for more than 100 stores in the United States valve spring is broken Management! Investors, exton mall closing property is better suited as mixed-use with one apartment building already occupied and records of. Company reported a net loss of $ 1.00 per share this year increasingly shopping online retail & amp Restaurant! Watch Halloween movies from their cars as costumed staff 500,000 Square feet functionality our. That PREIT has not given a time frame for the next time I comment mall,! The evening of December 15, 2020 / 6:12 PM one of them is the one-million-square-foot mall! Is currently 50-percent occupied and records sales of $ 283 a Square foot up more exton mall closing 100 in! Local, while Exton mall a time frame for the next time I comment with! Company had no more details to share regarding Exton Square mall from Friday, Oct. 30 were.. 'Re willing to stay in retail and like the mall features a parking garage and food.. Trending Eagles in Super Bowl Watch NBC10 24/7 Phillies Sixers Soul food per share over a 30-trading. Vote on the call and should be left unchanged will go into on... Sales connected to them are expected to be 870 stores left common to. Company had executed an agreement to sell the property is currently 50-percent occupied and records sales of $ 283 Square.