Federal Realty and Mercedes-Benz High-Power Charging Forge Landmark EV Infrastructure Agreement
Rhea-AI Summary
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.
Positive
- Strategic partnership with premium brand Mercedes-Benz enhances property value and appeal
- Large-scale deployment of 500+ charging stalls across 50+ locations demonstrates significant infrastructure commitment
- Portfolio-wide approach enables faster scaling and operational efficiency
- Universal accessibility to all EV brands maximizes potential customer base
- High-power 400 kW charging capability positions properties for future EV charging demands
Negative
- Extended timeline with first locations not operational until 2026
- Significant infrastructure investment and installation complexity across multiple locations
News Market Reaction – FRT
On the day this news was published, FRT gained 0.55%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Strategic agreement enables scalable rollout of premium EV fast-charging stalls across at least 50 of Federal Realty's high-performing retail centers
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"We view this partnership as a strategic inflection point for EV infrastructure deployment in retail real estate," said Don Wood, President & Chief Executive Officer of Federal Realty. "By aligning with Mercedes-Benz, we're introducing a forward-looking amenity that enhances the customer experience and reinforces the long-term strength of our portfolio. The structure of the deal is just as innovative as its scale, designed to create lasting value for our business and our communities."
"Scaling reliable, high-speed EV charging requires more than just technology—it takes partners who understand place, quality, and the customer journey," said Andrew Cornelia, President & Chief Executive Officer of Mercedes-Benz HPC North America. "Federal Realty's properties are destinations in their own right, and this collaboration enables us to deliver a seamless charging experience at some of the most desirable locations in the country."
The initial rollout includes 20 of the selected sites, including Camelback Colonnade in
Unlike traditional site-by-site EV installations, this commitment represents a portfolio-driven model—enabling Mercedes-Benz HPC to scale rapidly while reducing complexity. It reflects Federal Realty's differentiated approach to asset management and builds on its broader strategy of integrating infrastructure-forward enhancements that drive durable value. The collaboration also underscores the selectivity of Federal's relationships, earning the trust of a globally respected brand to deliver a premium, future-focused experience.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. This includes a portfolio of open-air shopping centers and mixed-use destinations—such as Santana Row, Pike & Rose and Assembly Row—which together reflect the company's ability to create distinctive, high-performing environments that serve as vibrant destinations for their communities. Federal Realty's 103 properties include approximately 3,500 tenants in 27 million commercial square feet, and approximately 3,100 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 57 consecutive years, the longest record in the REIT industry. The company is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.
Investor Inquiries: Jill Sawyer Senior Vice President, Investor Relations 301.998.8265 | Media Inquiries: Brenda Pomar Senior Director, Corporate Communications 301.998.8316 |
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SOURCE Federal Realty Investment Trust
FAQ
How many EV charging stations will Federal Realty (NYSE:FRT) install with Mercedes-Benz?
When will Federal Realty's Mercedes-Benz EV charging stations become operational?
Which Federal Realty locations will get Mercedes-Benz EV chargers first?
Can non-Mercedes vehicles use Federal Realty's new EV charging stations?
How many charging stalls will each Federal Realty location have?
