- The 127K square-foot Courtyard Shops at Wellington - a grocery-anchored center in Palm Beach County - sold for $52.8M. Federal Realty (NYSE:FRT) acquired the property in 2008 and boosted the value by activating formerly vacant space and outparcels.
- The sale generated a book gain north of $15M.
- Source: Press release
Federal Realty Trust closes sale of Florida shopping center
Recommended For You
More Trending News
About FRT Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
FRT | - | - |
Federal Realty Investment Trust |