Transformed Center Will Feature Williams Sonoma and J.Crew
Federal Realty Investment Trust (NYSE: FRT) has announced that Willliams Sonoma, J.Crew, Paris Baguette and BFT Fitness have all signed leases to join The Container Store and Whole Foods Market at Huntington Shopping Center in Huntington, NY as part of its $75M redevelopment. Following the project’s inception in early 2022, Huntington Shopping Center has recently welcomed its first wave of new tenants including REI, Lovesac, Burger Village and Just Salad, with even more slated to open in 2024.
NEW LEASES:
- Williams Sonoma – 5,317 SF – next to The Container Store
- J.Crew – 7,766 SF – next to ULTA
- Paris Baguette – 2,776 SF – new pad site
- BFT Fitness – 2,649 SF – new pad site
“The decision to redevelop Huntington Shopping Center has proven successful in attracting premier national brands to expand into this market,” said Chris Fleming, VP of Asset Management at Federal Realty. “By introducing big names such as Williams Sonoma and J. Crew to our tenant mix, we hope to continue to appeal to high-caliber tenants for our remaining small shop opportunities to round out the center’s offerings.”
The 21-acre community shopping center sits adjacent to Walt Whitman Mall on Route 110 in the heart of Huntington’s main retail corridor. In addition to the newly opened retailers, former tenants including PetSmart, ULTA, Tilly’s, Michaels, Vision Works, and Verizon are all currently open and operating. When the redevelopment is complete in 2024, there will be a total of 277,000 square feet of retail located at the site.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty’s mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty’s 102 properties include approximately 3,300 tenants, in 26 million square feet, and approximately 3,100 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 56 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.