Federal Realty buys Maryland retail center stake for $127M

01/11/2012 | GlobeSt.com

Federal Realty Investment Trust has acquired an 89.9% stake in a grocery-anchored shopping center on a heavily trafficked road in the Washington, D.C., area. It paid $127 million for the stake in Montrose Crossing, which is on Rockville Pike in Rockville, Md.

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