Federal Realty Investment Trust Acquires Retail Complex In Alexandria For $19.7M Represented By Avison Young

The property involved in this transaction is a fully leased retail complex located at 5900 Kingstowne Village Parkway in Alexandria, Virginia. It encompasses 88,288 square feet and was sold for $19.7 million, equating to a price per square foot of $223.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $19,700,000
• Sale Date: 05/01/2026
• Buyer: Federal Realty Investment Trust
• Seller: BXP
• Brokers: Joe French, James Nelson & Erik Edeen - Avison Young

The transaction sees Federal Realty Investment Trust acquiring the property from BXP, with brokers Joe French, James Nelson, and Erik Edeen of Avison Young facilitating the deal on behalf of the seller.