Business
Federal Realty Completes $170 Million in Asset Dispositions as Part of Capital Recycling Strategy
Federal Realty Investment Trust (NYSE: FRT) today announced the completion of the sale of two assets for combined proceeds of approximately $170 million, consistent with the company's long-term strategy to recycle capital into high-quality and high-growth opportunities.
About this update from Federal Realty Investment Trust
[{"type":"text","content":"NORTH BETHESDA, Md., Dec. 17, 2025 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today announced the completion of the sale of two assets for combined proceeds of approximately $170 million, consistent with the company's long-term strategy to recycle capital into high-quality and high-growth opportunities.","length":335,"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":"The sales include:","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Pallas at Pike & Rose (North Bethesda, MD): A stabilized, peripheral residential building delivered in 2015 with 319 units, located within the Pike & Rose mixed-use development.","length":185,"tagName":"p"}]},{"val":[{"type":"text","content":"Bristol Plaza (Bristol, CT): A 264,000-square-foot grocery-anchored shopping center anchored by Stop & Shop, T.J. Maxx, and Burlington, originally acquired in 1995.","length":168,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":353,"olType":false},{"type":"text","content":""These transactions demonstrate the strength and flexibility of our platform," said Don Wood, President and CEO of Federal Realty. "In mixed-use environments, our abilit...