Federal Realty Investment Trust owns and manages a robust, highly curated portfolio comprising over 100 open-air shopping centers, mixed-use commercial properties, and neighborhood retail developments encompassing millions of square feet of gross leasable area. These properties are strategically clustered in major metropolitan coastal markets characterized by high household incomes, dense populations, and significant barriers to new commercial real estate construction. This portfolio concentration ensures stable tenant demand, high occupancy rates, and steady rental income growth across diverse economic environments.