Federal Realty Investment Trust (FRT), with a market cap of $8.4 billion, specializes in owning, operating, and redeveloping premium retail-focused properties. Headquartered in Rockville, Maryland, its portfolio is concentrated in major coastal markets, spanning from Washington, D.C., to Boston, as well as Northern and Southern California.
Companies valued between $2 billion and $10 billion are typically classified as “mid-cap stocks,” and FRT fits the label perfectly.
