Federal Realty Investment Trust has leased the last bit of vacant retail space at Westpost, the 14-acre mixed-use development a short walk from where Amazon.com Inc.’s (NASDAQ: AMZN) new headquarters buildings will stand.
The leases put the roughly 297,000-square-foot retail center on course to be fully occupied in the first half of 2022 after a handful of notable vacancies, including the nearly 34,000-square-foot former Bed, Bath & Beyond to be replaced by a Target store, and the roughly 4,500-square-foot space where Road Runner Sports will replace a shuttered Unleashed by Petco. Bed Bath and Unleashed each closed amid the Covid-19 pandemic, which has created great strain for retailers and restaurateurs around the country, including in Greater Washington.
The two are just the latest in a flurry of deals for Federal Realty (NYSE: FRT) at Pentagon Row, a 20-year-old development that that is being rebranded as Westpost as part of a larger refresh of the center located at 1201 S. Joyce…
Read the full story from the Washington Business Journal.
