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Federal Realty acquires Maryland-based Annapolis Town Center for $187M
Federal Realty Investment Trust has acquired the Annapolis Town Center in Annapolis, Maryland, for $187 million. The 340,000-square-foot mixed-use property includes retail, dining, and multi-family components, and is anchored by Wegmans and Whole Foods. This acquisition aligns with Federal Realty’s strategy of investing in high-quality, mixed-use properties in affluent coastal markets.