Demand for shopping centers anchored by retailers that attract significant foot traffic is leading to deals as investor appetite for the properties remains strong.
Federal Realty snaps up section of Maryland's Annapolis Town Center to propel acquisition strategy
REIT pays $187 million for part of open-air mall in quest for 'dominant' properties with strong fundamentals
CoStar News
October 16, 2025 | 5:13 P.M.
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IN THIS ARTICLE
- Properties
- Annapolis Towne Centre
2101 Somerville Rd, Annapolis, MD
- Annapolis Town Center 17B
200 Harker Pl, Annapolis, MD
- Macy's
2002 Annapolis Mall Rd, Annapolis, MD
- Companies
- Federal Realty Investment Trust
Real Estate
- PGIM, Inc.
Real Estate
- Contacts
- Donald Wood
President & Chief Executive Officer, Federal Realty Investment Trust