With a market cap of $10.5 billion, Federal Realty Investment Trust (FRT) is a leading REIT specializing in the ownership, operation, and redevelopment of high-quality retail-based properties in major coastal markets and select underserved regions with strong economic and demographic fundamentals. With 104 properties encompassing approximately 29 million square feet of commercial space, 3,800 tenants, and 2,500 residential units, Federal Realty has developed iconic destinations such as Santana Row, Pike & Rose, and Assembly Row.
Companies valued more than $10 billion are generally described as “large-cap” stocks, and Federal Realty Investment Trust fits right into that category. The company has focused on delivering long-term, sustainable growth by investing in communities where retail demand exceeds supply and creating vibrant mixed-use destinations.
