Federal Realty Op Lp Stock Price, News & Analysis

Federal Realty Investment Trust (NYSE:FRT) has achieved recognition as a top workplace across multiple major markets in 2025. The company earned spots on prestigious workplace lists including The Washington Post's and San Francisco Chronicle's Top Workplaces, as well as Philadelphia Business Journal's Best Places to Work.

The recognition, based on independent third-party employee surveys, evaluates key aspects such as leadership, alignment, engagement, and execution. The REIT was also named among Best Places to Work by Virginia Business Magazine, while its LEED Gold-certified headquarters at Pike & Rose received a 2025 Employer Recognition Award for sustainable commuting initiatives.

Federal Realty Investment Trust (NYSE:FRT) has announced significant strategic transactions to enhance its portfolio and drive long-term value. The company acquired Town Center Plaza and Town Center Crossing in Leawood, Kansas for $289 million, adding 550,000 square feet of retail space in an affluent market. Additionally, FRT sold its Hollywood Boulevard retail portfolio for $69 million.

The company is advancing its development pipeline, starting construction of Lot 12, a 258-unit residential project at Santana Row with an expected investment of $145 million. FRT has identified over $1 billion of potential dispositions across select stabilized properties. Other developments include a 45-unit residential building in Hoboken, NJ, and a 217-unit multifamily project in Bala Cynwyd, PA.

Federal Realty Investment Trust (NYSE:FRT) has announced a landmark partnership with Mercedes-Benz High-Power Charging (HPC) to deploy EV charging infrastructure across its retail properties. The agreement will bring over 500 ultra-fast charging stalls to at least 50 retail locations nationwide.

The initial phase includes 20 sites, featuring locations in Phoenix, Broomall, and Pembroke Pines. Each site will have up to 10 charging stalls with 400 kW charging speeds, available to all EV brands. The first installations are expected to be operational in 2026.

This portfolio-driven approach represents a strategic shift from traditional site-by-site installations, enabling rapid scaling while enhancing customer experience at Federal Realty's premium retail destinations.

Federal Realty Investment Trust (NYSE:FRT) has selected Mercedes-Benz High-Power Charging (HPC) as its preferred EV charging provider in a strategic partnership. The collaboration aims to install over 500 ultra-fast charging stalls across Federal Realty's retail portfolio, accessible to all EV brands.

The initial phase will begin with 20 locations, including properties in Phoenix, Broomall, and Pembroke Pines, featuring up to 10 charging stalls per location with 400 kW charging speeds. The first installations are expected to launch in 2026, supporting both CCS-1 and NACS equipped vehicles.

Mercedes-Benz HPC currently operates over 400 charging stalls across 14 states and has committed $1 billion to install 2,500 charging stalls by 2027.

Federal Realty Investment Trust (NYSE:FRT) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 earnings report after market close on Wednesday, August 6, 2025, followed by a conference call at 5:00 PM ET the same day.

Investors can access the conference call via webcast or by dialing 1-833-821-4548 or 1-412-652-1258. A replay will be available on the company's website and via telephone through August 20, 2025.

Federal Realty Investment Trust (NYSE: FRT) has released its 2024 Sustainability Report, showcasing significant environmental achievements. The company reported a 35% reduction in Scope 1 and 2 greenhouse gas emissions, making substantial progress toward its Science Based Target initiative-approved goal of 46% reduction by 2030. FRT has established itself as an industry leader in renewable energy with 15.3MW of onsite solar generating capacity, the largest among shopping center companies according to the Black Bear Solar Leaderboard. Additionally, the company successfully sourced 51% of its total electricity consumption from zero-carbon power in 2024.

Federal Realty Investment Trust (NYSE:FRT) has sold Levare, a 108-unit Class A residential building at Santana Row in San Jose, California, for $74 million. The property, delivered in 2011 and 95% leased at sale, was disposed of as part of the company's strategy to reallocate capital toward higher-return opportunities.

Santana Row, Silicon Valley's premier mixed-use destination, spans over 2.5 million square feet featuring retail, office, residential, and hotel spaces. The development includes 50+ shops, 30 restaurants, 662 rental homes, 219 condominiums, a 215-key hotel, and approximately 1 million square feet of Class A office space, attracting over 8.5 million annual visits.

Comparable property operating income grew 2.8%, while portfolio occupancy reached 93.6% with a 95.9% leased rate. The company extended its $600M unsecured term loan to March 2028 and announced a new $300M share repurchase program. FRT also completed the acquisition of Del Monte Shopping Center in Monterey, California for $123.5M.

Management raised its 2025 FFO guidance to $7.11-$7.23 per share, representing 6% growth at the midpoint year-over-year, while maintaining earnings guidance of $3.00-$3.12 per share. The company declared a quarterly dividend of $1.10 per common share.

Cummins Inc. (NYSE: CMI) has announced the appointment of Nicole Y. Lamb-Hale as Chief Administrative Officer and Corporate Secretary, effective June 1, succeeding Sharon Barner who retires May 31. Lamb-Hale, who joined Cummins in 2021 as Vice President and Chief Legal Officer, will lead global functions including risk management, ethics and compliance, product compliance, regulatory affairs, government relations, communications and corporate responsibility.

Since joining Cummins, Lamb-Hale has played a important role in major corporate initiatives, including the acquisition of Meritor, the spin-off of Cummins' Filtration Business, and the formation of battery cell joint venture Amplify Cell Technologies. Her extensive background includes executive roles at Kroll, and Albright Stonebridge Group, as well as serving as Assistant Secretary for Manufacturing and Services in the U.S. Department of Commerce's International Trade Administration.