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Mercedes-Benz High-Power Charging Named Preferred EV Charging Provider for Federal Realty

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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.

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Positive

  • Strategic partnership with premium brand Mercedes-Benz enhances Federal Realty's property value proposition
  • Installation of 500+ ultra-fast charging stalls adds new revenue stream potential
  • Infrastructure supports both CCS-1 and NACS standards, maximizing potential user base
  • Partnership enables rapid scaling through portfolio-driven model versus site-by-site installations

Negative

  • Significant wait time until first installations in 2026
  • Initial rollout limited to only 20 locations of Federal Realty's portfolio

News Market Reaction – FRT

+0.55%
1 alert
+0.55% News Effect

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.

  • Federal Realty names Mercedes-Benz its preferred charging provider in a collaboration between two premium brands.
  • Mercedes-Benz expects to install over 500 ultra-fast charging stalls accessible to all drivers regardless of vehicle brand.
  • First locations expected to go live in 2026 and will ensure a cohesive customer experience nationwide.

NEW YORK, July 9, 2025 /PRNewswire/ -- Mercedes-Benz High-Power Charging (HPC) and Federal Realty Investment Trust (NYSE:FRT) today announced a first-of-its-kind strategic agreement naming Mercedes-Benz the preferred EV charging provider across Federal Realty's best-in-class retail portfolio. The collaboration establishes a scalable foundation to deliver an expected 500 new, ultra-fast charging stalls—accessible to all drivers, regardless of vehicle brand.

The initial rollout will begin with 20 locations across Federal's national portfolio, including Camelback Colonnade in Phoenix, AZ; Lawrence Park Shopping Center in Broomall, PA; and Shops at Pembroke Gardens in Pembroke Pines, FL. Each location will feature up to 10 charging stalls and Mercedes-Benz HPC signature 400 kW charging speeds, compatible with both CCS-1 and NACS equipped vehicles. The first locations are expected to come online in 2026.

"EV drivers are looking for more than just fast charging, they want an experience that fits effortlessly into their lives. Federal Realty's national portfolio of properties meets this need in a meaningful way by placing chargers at destinations people already trust and enjoy. Together, we're tapping into a growing customer sentiment: charging isn't just about power — it's about place."

Andrew Cornelia, President & CEO at Mercedes-Benz HPC North America

The collaboration builds on a shared commitment to quality, consistency, and long-term impact. With Federal Realty's proven track record operating high-performing retail environments—and Mercedes-Benz's leadership in premium mobility—the agreement enables meaningful infrastructure growth at a scale and standard that stands out in the marketplace.

"We're proud to support a new, scalable model for EV infrastructure—one that reflects our DNA and our focus on enduring value. This collaboration adds a forward-looking amenity to some of the country's most consistently successful retail properties, enhancing the customer experience and reinforcing the strength of our portfolio."

Don Wood, President & CEO at Federal Realty Investment Trust

Unlike traditional site-by-site EV installations, this commitment represents a portfolio-driven model—enabling Mercedes-Benz HPC to scale rapidly while reducing complexity. Together, Mercedes-Benz HPC and Federal Realty will support evolving driver behavior at the nation's premier open-air retail destinations.

Mercedes-Benz High-Power Charging currently operates over 400 charging stalls across 14 states, with over 2,000 stalls in development. The company has invested $1 billion to install 2,500 charging stalls by 2027.

About Mercedes-Benz HPC North America
Mercedes-Benz High-Power Charging is delivering a customer centric charging experience focused on performance, reliability and thoughtful integrations–open to all brands of vehicles. Mercedes-Benz High-Power Charging leverages over 130-years of engineering excellence to set the bar for quality, safety, and innovation in the charging industry. We extend the Mercedes-Benz brand promise to all EV drivers, going above and beyond to deliver exceptional experiences for our customers. Our convenient, fast, and reliable network fits seamlessly into drivers' everyday lives. Powered by 100% clean energy, our goal is to promote the shift to sustainable, emission-free mobility. Mercedes-Benz High-Power Charging is a joint venture between subsidiaries of Mercedes-Benz Group AG and MN8 Energy LLC. For additional information about Mercedes-Benz High-Power Charging, visit www.mercedesbenzhpc.com.

Contact:
Anna Russell, anna.russell@mercedes-benz.com, +1 914-538-3958

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.

Contact: 
Brenda Pomar, bpomar@federalrealty.com, +1 301-998-8316

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mercedesbenz-high-power-charging-named-preferred-ev-charging-provider-for-federal-realty-302500732.html

SOURCE Mercedes Benz HPC North America, LLC

FAQ

How many EV charging stations will Mercedes-Benz install at Federal Realty (NYSE:FRT) properties?

Mercedes-Benz plans to install over 500 ultra-fast charging stalls across Federal Realty's retail portfolio.

When will Federal Realty's (NYSE:FRT) Mercedes-Benz charging stations become operational?

The first charging locations are expected to come online in 2026.

What is the charging speed of Mercedes-Benz chargers at Federal Realty locations?

The charging stations will feature Mercedes-Benz HPC signature 400 kW charging speeds.

Which charging standards will be supported at Federal Realty's Mercedes-Benz charging stations?

The charging stations will be compatible with both CCS-1 and NACS equipped vehicles.

How much is Mercedes-Benz investing in its charging network expansion?

Mercedes-Benz has invested $1 billion to install 2,500 charging stalls by 2027.
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