Federal Realty Investment Trust is a recognized leader in owning, operating, and redeveloping high-quality retail-based properties, primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Its mission is to deliver long-term, sustainable growth by investing in communities where retail demand exceeds supply. The portfolio includes open-air shopping centers and mixed-use destinations such as Santana Row, Pike & Rose, and Assembly Row. Federal Realty's 103 properties comprise approximately 3,700 tenants in 28.8 million commercial square feet and approximately 2,500 residential units. The company has increased its quarterly dividends for 59 consecutive years, the longest record in the REIT industry. Federal Realty Investment Trust is based in North Bethesda, Maryland, and was incorporated in 1962 in Maryland.