Jul. 10 at 4:13 PM
$FRT's strategic moves — smart capital deployment for long-term value? 🤔
🏢 Acquired Kansas retail centers for
$289M, boasting top-tier tenants like Apple and Trader Joe’s.
🏗️ Launching a 258-unit,
$145M residential project at Santana Row amid strong demand.
📈 Shares up 4.9% in 3 months, beating industry growth of 3.6%.
Understand the implications for FRT’s portfolio here 👉 https://www.zacks.com/stock/news/2571458/frt-buys-kansas-retail-centers-aims-at-portfolio-quality-enhancement?cid=sm-stocktwits-2-2571458-body-1164&ADID=SYND_STOCKTWITS_TWEET_2_2571458_BODY_1164