# Federal Realty Investment Trust

> Federal Realty Investment Trust owns, leases, operates and redevelops U.S. shopping centers and mixed-use districts. It earns rental income from retailers, restaurants, service businesses, office tenants and residents, concentrating on locations with strong demand and limited competing supply. Signature properties include Santana Row, Pike & Rose and Assembly Row.

- **Founded:** 1962
- **Headquarters:** North Bethesda, United States
- **Founders:** Samuel J. Gorlitz (Co-founder)
- **Products:** Retail leasing, Mixed-use development and redevelopment, Office leasing, Residential leasing, Specialty leasing
- **Notable:** Reported 59 consecutive years of annualized common dividend increases in 2026., Member of the S&P 500 and listed on the NYSE as FRT., 2025 Nareit FFO per diluted share of $7.22, up 6.6% from 2024.

## Products & services

- **Retail leasing** — Storefront and restaurant space in open-air centers and walkable retail districts, with property operations and tenant coordination.
- **Mixed-use development and redevelopment** — Reinvesting in established properties and creating districts combining retail with housing, offices and public space; Santana Row opened in 2002.
- **Office leasing** — Office space integrated with retail amenities at locations including Pike & Rose, Assembly Row, Santana Row and CocoWalk.
- **Residential leasing** — Apartment living within selected retail-based mixed-use neighborhoods.
- **Specialty leasing** — Flexible leasing opportunities for businesses seeking shorter commitments and exposure at retail properties.

## Achievements

- Reported 59 consecutive years of annualized common dividend increases in 2026.
- Member of the S&P 500 and listed on the NYSE as FRT.
- 2025 Nareit FFO per diluted share of $7.22, up 6.6% from 2024.
- Signed more than 2.3 million square feet of new and renewal comparable leases during 2025.
- Science Based Targets initiative approved a target to reduce Scope 1 and 2 emissions 46% from 2019 to 2030.

## Latest updates

- **2026-10** — Acquired The Summit in Birmingham, Alabama, for $508 million gross, $498 million net, as announced October 1.
- **2026-09** — Scheduled third-quarter 2026 results for October 30, after this profile’s research date.
- **2026-08** — Priced $400 million of 3.500% exchangeable senior notes through Federal Realty OP LP.
- **2026-03** — Acquired Congressional North adjacent to Congressional Plaza for $72.3 million.
- **2026-02** — Outlined a $32 million Andorra redevelopment with a GIANT supermarket and redesigned smaller retail spaces.

## Links

- Website: https://www.federalrealty.com/
- LinkedIn: https://www.linkedin.com/company/federal-realty-investment-trust/
- Twitter/X: https://twitter.com/FederalRealty
- YouTube: https://www.youtube.com/user/FederalRealtyTV
- Instagram: https://www.instagram.com/federal.1962/

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Profile page: https://yespress.io/federal-realty-investment-trust
Published by YesPress — https://yespress.io
Last updated: 2026-10-22