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FRT Expands Its Portfolio With Village Pointe Buy: Can It Fuel Growth?
ZACKS· 2025-12-02 15:31
Key Takeaways FRT acquired the 453,000-square-foot Village Pointe open-air lifestyle center for $153.3M.The asset offers 6 million annual visits, affluent demographics and premium national retailers.The deal supports Federal Realty's ongoing strategy of buying market-dominant retail properties.Federal Realty (FRT) recently announced the buyout of Omaha’s key open-air lifestyle center, Village Pointe, for $153.3 million. Spanning 453,000 square feet, the asset under consideration is located in one of the m ...