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