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PEI - PREIT inks new lease for a fulfillment center
Pennsylvania Real Estate Investment Trust
Pennsylvania Real Estate Investment Trust or PREIT (PEI) signed a new lease for a fulfillment center at Cumberland Mall in Vineland, NJ; the facility will soon occupy the former Burlington space delivering a new source of non-retail revenue."This latest addition furthers PREIT's strategic efforts to redefine its distinctive real estate portfolio through the integration of non-retail uses alongside our high-quality tenant mix across its portfolio," CEO Joseph F. Coradino commented.