Pennsylvania REIT: Time To Liquidate

The disaster in retail has been on the front page for over 6 months. While J.C. Penney (NYSE:JCP) and Sears (NASDAQ:SHLD) steal the limelight day in and day out, the Retail REITS have not been spared the collateral damage. Retail focused REITS like Pennsylvania REIT (NYSE:PEI), Washington Prime Group (NYSE:WPG) and CBL Associates (NYSE:CBL) have been the hardest hit even within this decimated group. While WPG and CBL have their own merits, I am focusing this article on PEI.

The Business:

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