PREIT announced the completion of key leasing of the former Macy's box at Moorestown Mall, executing a lease with Michaels, which will occupy 25,000 square feet of space, offering arts, crafts, framing, floral, wall décor and seasonal merchandise for do-it-yourselfers of all ages. Michaels will join HomeSense, Five Below and Sierra Trading Post in the former Macy's location, creating a diverse and compelling retail mix reflective of the new mall platform. Michaels is expected to open in late 2019, marking another milestone in redefining the property experience.