State Boundaries Mean Nothing To Us
I drove across the river today for some shopping and discovered an interesting little factoid:
Guess who owns the Cherry Hill Mall?*
Seriously: why even bother to name yourself the Pennsylvania Real Estate Investment Trust if you’re going to build a regional business model that crosses state lines.
How about the Tri-state Real Estate Investment Trust?
Hmmm, “TREIT”—kinda has a ring to it.
* A quick glance through the top section of the properties list shows two more NJ sites and one in MD. Then I got bored of looking, so if there’s more states, I didn’t see ‘em.

