Pennsylvania Real Estate

  www.preit.com
  www.preit.com

Pennsylvania Real Estate Reviews

Updated August 17, 2014
Updated August 17, 2014
7 Reviews
3.6
7 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Ronald Rubin
2 Ratings

3 Employee Reviews Back to all reviews

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  1.  

    Transitioning company in challenged industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Pennsylvania Real Estate

    Pros

    While company is a REIT, its roots are entrepreneurial and family run business. Several of those characteristics remain in the culture, even with recent CEO leadership change.

    Cons

    Overall, company has a challenging portfolio, making it difficult to move the needle. Executive and senior leadership have become disconnected from business operations. Lack of resources (money or staff) for projects which could propel the company,

    Advice to ManagementAdvice

    Pay attention to employee morale while company goes through transition.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Pennsylvania Real Estate

    Pros

    People are generally nice
    Offices are attractive

    Cons

    Work can be slow
    Sometimes there was conflicting or changing objectives from management

    Neutral Outlook
    Approves of CEO
  3.  

    Unhappy with Kiosk Lease amounts, staff were friendly.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Self-Employed Merchant in Dickson City, PA
    Former Employee - Self-Employed Merchant in Dickson City, PA

    I worked at Pennsylvania Real Estate

    Pros

    Great atmosphere. Delicious food in food court. Lots of Foot traffic. Good stores to draw people in. Good location.

    Cons

    Mandatory hours for the duration of the time the Mall is open. Difficult if you are just starting out your own business, especially during the holidays. Lease amount was very expensive and turned out to be too much. Made no profit. Had a couple of problems with a Lease manager. not saying what.

    Advice to ManagementAdvice

    Say what you mean and mean what you say. And reduce the amount you charge for Kiosks especially at off-peak times when you are literally making no money on a kiosk not being used.

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