With a market cap of $9.5 billion, Federal Realty Investment Trust (FRT) is a REIT specializing in retail and mixed-use properties across major U.S. metropolitan markets. The Rockville, Maryland-based company focuses on high-demand, densely populated communities, offering a mix of shopping, dining, living, and working spaces.
Companies valued at less than $10 billion or more are generally considered “mid-cap” stocks and Federal Realty fits this criterion perfectly. Federal Realty is renowned for its portfolio of 102 properties with 3,400 tenants, 27 million square feet of commercial space, and 3,100 residential units strategically located in high-demand markets, along with the longest annual dividend increase record among U.S. REITs.
