FRIT buys Silicon Valley property

Ray Frager//January 12, 2015//

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Federal Realty Investment Trust, of Rockville, which owns, operates and redevelops shopping centers, has bought controlling interest in a Silicon Valley property, San Antonio Shopping Center, for $62.2 million. The 376,000-square-foot shopping center is in Mountain View, California, which is home to Google, LinkedIn , Skype and many other tech companies.

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