Posts Tagged: Plymouth Meeting

PREIT Sells Whole Foods Site in Plymouth Meeting

Whole Foods Plymouth Meeting Sold or $27M

PREIT has sold a Whole Foods-leased parcel at Plymouth Meeting Mall for $27 million, part of the Philadelphia real estate investment trust’s ongoing plan to raise capital.  The buyer was Agree Realty (NYSE: ADC), a REIT based in Bloomfield Hills, Michigan.  Since the beginning of 2022, PREIT has sold assets generating $141 million. Asset sales… Read more »