PREIT planned closure of the 120,000 square foot Macy's store at Valley Mall in Hagerstown, MD. In the last five years, PREIT has successfully leased over 100,000 square feet of space at Valley Mall, upgrading its retail, dining and entertainment offerings to include featured national retailers like H&M, which will open later this year, along with eateries like Starbucks, Red Robin, Noodles and Company, Primanti Bros. and Tilted Kilt.