CoStar News Staff

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Federal Realty Investment Trust entered into a $200 million deal to take over a portfolio of prime retail space in Alexandria, Virginia's Kingstowne area as the firm continues its push into the region. </p></div></div>

United States

Retail

Firm Closes on Initial $100 Million Tranche in Kingstowne, Expects to Complete Second $100 Million Deal This Summer

Federal Realty Enters $200 Million Deal to Acquire Northern Virginia Retail Portfolio

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Federal Realty Enters $200 Million Deal to Acquire Northern Virginia Retail Portfolio

Firm Closes on Initial $100 Million Tranche in Kingstowne, Expects to Complete Second $100 Million Deal This Summer

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