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PREIT Announces Whole Foods Market Will Join Exton Square Mall

PHILADELPHIA , Aug. 3, 2015 /PRNewswire / -- PREIT (NYSE: PEI) announced a new lease with Whole Foods Market to open at Exton Square Mall in Exton, PA.

The 55,000-square foot store will complement the plans to redevelop the property, bringing a unique and engaging shopping experience this part of Chester County. Located on a site consisting of approximately 10 acres along Route 100, customers will gain improved access to the new addition as the existing mall, which will be remerchandised.

"The redevelopment of Exton Square Mall, with Whole Foods Market as a catalyst, will draw other distinctive and high quality retailers, restaurants and entertainment venues," said Joseph Coradino , CEO of PREIT. "This project will better serve the region's customers by offering a new experience and differentiated environment."

Whole Foods Market currently has 424 stores worldwide, with 46 in the Mid-Atlantic region. As a leading natural and organic foods grocer, the company is committed to transparency and maintaining the...