Company: FRT-PC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000034903-25-000016
Chunk: 44

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-13
Form: 10-K
Item: Item 2
Chunk 44
---
%Harris TeeterCVS                                      AMC Multiple RestaurantsVirginia Gateway   Gainesville, VA 200151999, 2006-2008, 2013-20162024664,000$27.1598%Giant FoodHomeGoodsTotal Wine & MoreBest BuyUltaWestpost   Arlington, VA 222022001-20021998/2010298,000$34.1498%Harris TeeterTargetTJ MaxxUltaWalgreensDSWWillow Lawn   Richmond, VA 2323019571983462,000$23.4899%KrogerOld NavyRoss Dress for LessGold's GymDick's Sporting GoodsUltaTotal — Commercial (9)26,832,000$31.8196%Total —Residential3,104 units95%

 _____________________

(1)Represents the GLA of the commercial portion of the property. Some of our properties include office space which is included in this square footage.

27

(2)Average base rent per square foot is calculated as the aggregate, annualized in-place contractual (defined as cash basis excluding rent abatements) minimum rent for all occupied spaces divided by the aggregate GLA of all occupied spaces. Average base rent is for commercial spaces only.

(3)Percentage leased is expressed as a percentage of rentable commercial square feet occupied or subject to a lease. Residential percentage leased is expressed as a percentage of units occupied or subject to a lease.

(4)We own the controlling interest in this property.

(5)We own a noncontrolling interest in this property.

(6)All or a portion of this property is encumbered by a mortgage loan.

(7)All or a portion of this property is owned pursuant to a ground lease.

(8)We own all or a portion of this property in a “downREIT” partnership, of which a wholly owned subsidiary of the Trust is the sole general partner, with third party partners holding operating partnership units.

(9)Aggregate information is calculated on a GLA weighted-average basis, excluding Chandler Festival, Chandler Gateway, and La Alameda, which are all unconsolidated properties at December 31, 2024.

(10)Portion of property is currently under development. See further discussion in Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.

(11)This property includes interests in four nearby buildings.

(12)This property includes 40