Four Corners Property Trust, a retail real estate investment trust looking to grow, has cut a deal for 11 outparcel properties from Pennsylvania Real Estate Investment Trust, a REIT needing to raise cash.
Four Corners Agrees To Buy $32.5 Million of Retail Properties From PREIT
Deal Is Part of PREIT’s Efforts To Reduce Debt by Selling Off Some of Its Holdings
CoStar News
June 10, 2022 | 6:36 P.M.
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IN THIS ARTICLE
- Properties
- Springfield Town Center
6500 Springfield Mall, Springfield, VA
- Companies
- PREIT
Real Estate