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Federal Realty Investment Trust eyes mixed-use for Rockville's Federal Plaza Shopping Center

Federal Realty Investment Trust eyes mixed-use for Rockville's Federal Plaza Shopping Center
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Federal Realty Investment Trust to acquire northern Va. property for $200M

North Bethesda-based Federal Realty Investment Trust (NYSE: FRT) is acquiring Kingstowne Towne Center in Kingstowne, Virginia for a total purchase price of $200 million, the company announced Thursday. The acquisition will close in two phases. Federal Realty has closed on phase one of the acquisition for $100 million and expects to close on phase two for $100 million in July, subject to customary . ....

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