Business
Federal Realty Acquires Annapolis Town Center, Advancing Disciplined Acquisition Strategy
Federal Realty Investment Trust (NYSE: FRT) today announced the $187 million acquisition of Annapolis Town Center, a dominant, 480,000-square-foot open-air shopping destination in Anne Arundel County, Maryland on October 10, 2025. Anchored by a high-volume Whole Foods, shadow-anchored by Target, the center also features a Life Time luxury athletic club and a curated mix of national brands such as Anthropologie, Sephora, Restoration Hardware, and Williams Sonoma. Situated in one of the most afflu
About this update from Federal Realty Investment Trust
[{"type":"text","content":"Acquisition extends portfolio of dominant retail assets; recent leasing momentum underscores Federal's strong execution ","length":123,"tagName":"p","attribs":{}},{"type":"text","content":"NORTH BETHESDA, Md., Oct. 13, 2025 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today announced the $187 million acquisition of Annapolis Town Center, a dominant, 480,000-square-foot open-air shopping destination in Anne Arundel County, Maryland on October 10, 2025. Anchored by a high-volume Whole Foods, shadow-anchored by Target, the center also features a Life Time luxury athletic club and a curated mix of national brands such as Anthropologie, Sephora, Restoration Hardware, and Williams Sonoma. Situated in one of the most affluent, well-connected trade areas in the Washington, D.C.–Baltimore region, the property benefits from high household incomes, strong retail fundamentals, and direct access to major regional corridors – all consistent with Federal's strategic investment criteria.","length":821,"tagName":"p"},{"type":"image","alt":"Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. (PRNewsfoto/Federal Realty Investment Trust)","displaySize":"","headline":null,"caption":"Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. (PRNewsfoto/Federal Realty Investment Trust)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":156,"url":"https://media.zenfs.com/en/prnewswire.com/4856615d128d21fbe0a3735f8286a8f2"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/jkV8BH6R__y_wrNOwoj5Yg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4856615d128d21fbe0a3735f8286a8f2","width":400,"height":156}},"href":"https://mma.prnewswire.com/media/1141400/Federal_1962.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""This is exactly the kind of opportunity we target: a dominant asset with strong fundamentals, competitive positioning, and the potential to unlock...