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Federal Realty Investment Trust Completes Third Street Promenade Portfolio Sale
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Federal Realty Investment Trust Completes Third Street Promenade Portfolio Sale
Jun 6, 2024 1:37 PM

04:03 PM EDT, 06/06/2024 (MT Newswires) -- Federal Realty Investment Trust ( FRT ) said late Thursday it has sold its remaining assets on Third Street Promenade in Santa Monica, California.

The eight-building portfolio was sold for $103 million, the company said. Including a previous transaction, the total proceeds from the Third Street Promenade assets amounted to $120 million.

Price: 101.96, Change: +0.23, Percent Change: +0.23

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