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The owner of the Exton Square Mall announced Wednesday it has agreed to sell nearly five acres of the property to a developer of multi-family dwellings. Closing is expected to occur once entitlements are obtained by the buyer, Pennsylvania Real Estate Investment Trust said in a statement Wednesday. PREIT announced the agreement as part of its second quarter report. The sale of the Exton property is one of three the Philadelphia-based mall operator announced that is expected to bring the company about $75 million.