Donald Wood Of Federal Realty Investment Trust Acquires Annapolis Town Center Retail Asset For $187M

The property involved in this transaction is a retail asset located at 1906 Towne Centre Boulevard in Annapolis, MD. It encompasses a total square footage of 480,000 and was sold for a price of $187,000,000, resulting in a price per square foot of $390.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $187,000,000
• Sale Date: 10/13/2025
• Address: 1906 Towne Centre Boulevard
• Market: Annapolis, MD
• Square Feet: 480,000
• Price Per Square Foot: $390
• Buyer: Donald Wood
• Buyer's Company: Federal Realty Investment Trust

The deal featured Donald Wood as the buyer representing Federal Realty Investment Trust, which has expanded its portfolio by acquiring the Annapolis Town Center, a high-performing, open-air retail destination in Maryland.