Pennsylvania Real Estate Investment Trust (PREIT) (OTCPK:PRET) said on May 4, 2023 it's still looking to sell Exton Square Mall, and now Plymouth Meeting Mall, the next move in its saga to generate cash with a pivotal loan deadline looming. The Business Journal reported Exton Square Mall was under agreement last spring to sell to Brandywine Realty Trust for $28.8 million, but PREIT revealed the deal fell through in its annual report filed last month to the U.S. Securities and Exchange Commission. Brandywine declined to comment.

While continuing to battle financial woes, the regional mall owner has repeatedly said it's considering selling the company or merging. During PREIT's first quarter earnings call on May 4, 2023, CFO Mario Ventresca specified Exton Square Mall and Plymouth Meeting Mall as properties that could be sold.