Pennsylvania Real Estate Investment Trust, founded in 1960 and one of the first equity REITs in the U.S., has a primary investment focus on retail shopping malls and power centers (approximately 33.4 million square feet) located in the eastern United States. PREIT\'s portfolio currently consists of 58 properties in 14 states. PREIT’s portfolio includes 40 shopping malls, 14 strip and power centers and four industrial properties.