Santana Row, Westgate and Del Monte Power Federal Realty’s Fastest-Growing Region

Federal Realty Investment Trust executives told analysts that California, roughly a quarter of the company, was its fastest-growing region in 2026, with Santana Row, a two-decade-old Westgate holding in San Jose and a remerchandised Del Monte in Monterey projecting double-digit income growth even as higher rates cloud the next round of Bay Area development.