Federal Realty Investment Trust Announces Acquisition of Kingstowne Towne Center in Northern Virginia

Best-in-class REIT accelerates growth in core market with addition of Safeway and Giant-anchored property. NORTH BETHESDA, Md. , April 21, 2022 /PRNewswire/ — Federal Realty Investment Trust (NYSE: FRT) is acquiring Kingstowne Towne Center in Kingstowne, Virginia for a total purchase price of $200