Acquisitions

Federal Realty acquires dominant retail properties with expansion, redevelopment, and lease-up/re-leasing potential for our own account.  We acquire larger grocery-anchored neighborhood centers, community centers, lifestyle centers, collections of “street retail” properties and properties that lend themselves to long-term mixed-use redevelopment and/or include non-retail components such as office or residential.  We prefer, but do not require, a grocery anchor and are relatively flexible with respect to format.  With respect to location, we only pursue transactions within our target markets and prefer proven, regional trade areas within those target markets.  We have the ability to creatively structure transactions to meet owner’s estate and tax planning objectives (including issuing OP Units) and will assume existing loans if the debt is uneconomic to retire at closing.  For a list of our target markets and additional information regarding Federal Realty's acquisition criteria, click on the PDFs below.

Recent Acquisitions

Primestor Joint Venture

The Primestor Joint Venture was formed in August 2017 with Primestor Development Inc., the Los Angeles-based owner and developer of high-quality retail properties serving urban Latino communities in Southern California. The Primestor Joint Venture consists of seven properties totaling over 1.3 million square feet on 114 acres of urban land with tenants such as Ross Dress for Less, Marshalls, and Kroger’s Food 4 Less.   More 

Riverpoint Center

Riverpoint Center is a 211,000 square foot grocery anchored community shopping center on 17 acres of land in Chicago, Illinois. The property is located in densely populated and affluent Lincoln Park and is 3.5 miles northwest of downtown Chicago. The property is anchored by Jewel Osco, Marshalls, and Old Navy.  More 

Hasting Ranch Plaza

Hastings Ranch Plaza is a 274,000 square foot shopping center located in Pasadena, California. Hastings Ranch Plaza enjoys immediate access to Interstate 210 at the Rosemead-Michillinda exit and is within walking distance of the Sierra Madre Station on the Metro Gold Line. The property is anchored by Sears, Marshalls, HomeGoods, and CVS.  More

Acquisitions Team

Barry Carty
VP East Coast Acquisitions
561.347.6522

Bob Franz
Director of Acquisitions
408.551.2244