BUSINESSglobal
Federal Realty Pays $72M for Another Retail Plaza in Southern Maryland
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Updated 2 hours ago
First seen March 18, 2026 10:51:19Stay on top of this story
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Quick Summary
Grocery-anchored retail has become commercial real estate’s most reliable sector, including for Federal Realty Investment Trust. The North Bethesda, Md.-based, retail-focused real estate investment trust paid $72.3 million for Congressional North Shopping Center in Rockville, Md. The Aldi-anchored plaza, sold by local investment firm Cohen Siegel Investors, spans 176,000 square feet on 13 acres. Other […]