Federal Realty Investment Trust is a retail-focused real estate investment trust that owns, operates, and redevelops high-quality shopping centers and mixed-use properties primarily in major coastal markets from Washington, D.C. to Boston, as well as San Francisco and Los Angeles. Its portfolio features grocery-anchored centers, superregional centers, power centers, and urban mixed-use destinations like Santana Row and Pike & Rose, situated in densely populated, affluent communities with strong economic and demographic fundamentals where retail demand exceeds supply. The trust manages open-air shopping centers with thousands of tenants, alongside integrated multifamily residential units, emphasizing retail-based assets in eight of the largest metropolitan markets. Federal Realty Investment Trust plays a key role in the REIT sector by delivering sustainable growth through strategic property management and redevelopment in high-growth areas. Founded in 1962 and headquartered in Bethesda, Maryland, it remains a leader in creating vibrant retail and mixed-use neighborhoods.