Federal Realty Buys Retail Asset on Fourth Street in Berkeley for $23.9MM

By Jon Peterson Federal Realty Investment Trust has acquired a 71,000 square foot retail property located on Fourth Street in Berkeley for $23.9 million, or roughly $336 per square foot, as stated by the public REIT in its second quarter 2017 earnings results. This acquisition was done in a joint venture where Federal Realty owns […]