Pennsylvania Real Estate Investment Trust is a Philadelphia-based, publicly traded real estate investment trust specializing in the ownership, management, and development of retail and experiential destinations. Founded in 1960, the company operates a portfolio of 23 retail properties across eight states, primarily in the Mid-Atlantic region, totaling over 18.3 million square feet of space. The company employs approximately 152 people and focuses on diverse, multi-use ecosystems including retail, dining, and entertainment.