Federal Realty buys Congressional North Shopping Center for USD 72.3 million

Reuters

Mar 17

<a href="https://laohu8.com/S/FRT">Federal Realty</a> buys Congressional North Shopping Center for USD 72.3 million

Federal Realty said it acquired Congressional North Shopping Center in Montgomery County, Maryland for USD 72.3 million. The grocery-anchored property has about 176,000 square feet of retail space on 13 acres and is adjacent to Congressional Plaza. Key tenants include Aldi and RH Outlet. Federal Realty said the purchase expands its holdings along Rockville Pike (Route 355) in the Washington, DC metro area.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Federal Realty Investment Trust published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603161605PR_NEWS_USPR_____PH11345) on March 16, 2026, and is solely responsible for the information contained therein.

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The grocery-anchored property has about 176,000 square feet of retail space on 13 acres and is adjacent to Congressional Plaza. Key tenants include Aldi and RH Outlet. Federal Realty said the purchase expands its holdings along Rockville Pike  in the Washington, DC metro area.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4231":"零售房地产信托","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4080":"零售业房地产投资信托","FRT":"FRT信托"},"translate_title":"Federal Realty以7230万美元收购国会北购物中心","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FRT":0.9},"content_text":"Federal Realty buys Congressional North Shopping Center for USD 72.3 million\n    \n\n        Federal Realty said it acquired Congressional North Shopping Center in Montgomery County, Maryland for USD 72.3 million. The grocery-anchored property has about 176,000 square feet of retail space on 13 acres and is adjacent to Congressional Plaza. 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