US EditionFederal Realty Completes Johnson County, KS Acquisition; Advances Capital Allocation Strategy
- Federal Realty Investment Trust announced it completed several transactions to enhance its portfolio quality as part of its capital allocation strategy.
- On July 1, Federal Realty acquired Town Center Plaza and Town Center Crossing in Leawood, Kansas, for $289 million in cash.
- The acquisition encompasses two open-air retail centers totaling 550,000 square feet, enhancing Federal's portfolio.
- Federal Realty aims for market-dominant assets in areas with strong job growth and demand from retailers.
46 Articles
46 Articles
Federal Realty Completes Johnson County, KS Acquisition; Advances Capital Allocation Strategy - Federal Realty Investment (NYSE:FRT)
Transactions drive earnings accretion and enhance portfolio quality N. BETHESDA, Md., July 9, 2025 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today announced a series of transactions as part of its ongoing capital allocation strategy, focused on deploying capital and recycling mature assets to enhance portfolio quality and drive long-term value creation. Highlights include: The acquisition of Town Center Plaza and Town Center C…
Federal Realty Completes Johnson County, KS Acquisition
Federal Realty Investment Trust (NYSE: FRT) today announced a series of transactions as part of its ongoing capital allocation strategy, focused on deploying capital and recycling mature assets to enhance portfolio quality and drive long-term value creation. Highlights include: The acquisition of Town Center Plaza and Town Center Crossing, two dominant open-air retail centers in Leawood, Kansas, totaling 550,000 square feet, for $289 million. T…
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