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Federal Realty Acquires Seven Retail Properties in Los Angeles County for $345 Million

Venture with Primestor Development Includes Retail Properties Serving the Urban Latino Communities
CoStar News
August 7, 2017 | 12:43 P.M.

Federal Realty Investment Trust (NYSE: FRT) has acquired a majority interest in five community shopping centers, one center under redevelopment and a 25% interest in a seventh center from Primestor Development, Inc. for $345 million.

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