Federal Realty Investment Trust (NYSE:FRT) acquired Grossmont Shopping Center in greater San Diego, California for approximately $180 million on June 1, 2021. In a related transaction Federal Realty Investment Trust also acquired Chesterbrook Shopping Center in McLean, Virginia. Federal Realty Investment Trust (NYSE:FRT) completed the acquisition of Grossmont Shopping Center in greater San Diego, California on June 1, 2021.