FRT 📈 Federal Realty Investment - Overview

Federal Realty Investment Trust is a prominent player in the real estate sector, specializing in the ownership, operation, and redevelopment of high-quality retail properties in prime coastal markets. Their portfolio spans from Washington, D.C. to Boston, as well as key locations in Northern and Southern California, where they have established a strong presence. With a history dating back to 1962, the company has refined its strategy to focus on investing in communities with a high demand for retail space, thereby driving long-term growth and sustainability.

The company's expertise lies in crafting unique, mixed-use neighborhoods that seamlessly integrate shopping, dining, living, and working spaces. Notable examples of such developments include Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland, and Assembly Row in Somerville, Massachusetts. These vibrant environments have become destinations in their own right, offering a rich experience that resonates with the local communities. By combining these different uses, Federal Realty creates dynamic ecosystems that foster engagement, convenience, and a sense of community.

Federal Realty's extensive portfolio comprises 102 properties, with a diverse tenant base of approximately 3,400 businesses, spanning 27 million square feet of commercial space. In addition to its retail focus, the company has also expanded into residential development, with around 3,100 units under its management. This diversified approach enables Federal Realty to capitalize on various revenue streams, while also contributing to the growth and vitality of the communities it serves. For more information, investors can visit the company's website at https://www.federalrealty.com, or review its financial details, including its common stock listing on the NYSE under the ticker FRT, with the ISIN US3137451015, classified under the GICS Sub Industry of Retail REITs.