PREIT Signs Philadelphia Inquirer Owner for New 125,000 Square Foot Headquarters

Symbols: PEI
Posted in: News, Contracts
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Pennsylvania Real Estate Investment Trust (NYSE: PEI) has signed a lease with Philadelphia Media Network Inc., owner and publisher of The Philadelphia Inquirer, Daily News, and Philly.com, for occupancy of 125,000 square feet of space in 801 Market Street, located in Philadelphia, Pennsylvania. The building anchors The Gallery at Market East, both owned by PREIT. PMN is expected to move in to its new headquarters in summer 2012.


 
 
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