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Federal Realty Investment Trust is a real estate investment trust focused on owning, operating, and redeveloping retail and mixed-use properties in the United States. The company specializes in high-quality, open-air shopping centers and large-scale mixed-use neighborhoods that combine retail, dining, services, office, and residential space in densely populated, affluent communities. Its portfolio is concentrated in major coastal and top-tier metropolitan markets, including regions from Washington, D.C. to Boston, as well as key areas in California and other select markets with strong economic and demographic fundamentals. Federal Realty Investment Trust serves national and local retailers, restaurants, service providers, and residents by providing well-located, professionally managed properties designed to support consistent tenant performance and daily-needs consumer traffic. The trust plays a notable role in the commercial real estate market as a provider of grocery-anchored centers, lifestyle destinations, and urban mixed-use environments. Headquartered in North Bethesda, Maryland and founded in 1962, Federal Realty Investment Trust is recognized as one of the established U.S. REITs specializing in retail-based and mixed-use commercial real estate.