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Federal Realty Investment Trust Buys Grocery-Anchored Shopping Center in Brooklyn, New York

Local Investor Sells Georgetowne Shopping Center for $83.7 Million
Georgetowne Shopping Center in Brooklyn, New York, is anchored by Fairway Market. (CoStar)
Georgetowne Shopping Center in Brooklyn, New York, is anchored by Fairway Market. (CoStar)
By Sunny Chudgar
CoStar Research
November 19, 2019 | 5:20 P.M.

Rockville, Maryland-based Federal Realty Investment Trust has purchased the grocery-anchored Georgetowne Shopping Center in Brooklyn, New York, from local investor Howard Mintz for $83.7 million, or about $569 per square foot.

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