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Federal Realty Acquires East Bay Bridge Shopping Center

January 3, 20132 Mins read660
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ROCKVILLE, Md., Jan. 2, 2013 -- Federal Realty Investment Trust (NYSE: FRT) today announced the acquisition of East Bay Bridge shopping center, a 438,000 square foot, grocery-anchored power center spanning two municipalities, Emeryville and Oakland, California.  The Trust paid cash consideration of $53.7 million and assumed an existing $62.9 million mortgage loan secured by the property. […]

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