Federal Realty Investment Trust (NYSE:FRT) acquired 214,000 square foot office building in Scottsdale, Arizona for $53.6 million on July 18, 2022. The office building will be integrated into Federal's existing Hilton Village retail asset. Federal Realty Investment Trust (NYSE:FRT) completed the acquisition of 214,000 square foot office building in Scottsdale, Arizona on July 18, 2022.