Federal Realty announces first-of-its-kind agreement with Mercedes-Benz

Federal Realty (FRT) Investment Trust announced a first-of-its-kind agreement with Mercedes-Benz High-Power Charging, naming the automaker its preferred electric vehicle charging provider. The collaboration establishes the foundation for a scalable rollout, expected to bring more than 500 ultra-fast charging stalls to at least 50 of Federal Realty’s premier open-air retail destinations in its national portfolio. “We view this partnership as a strategic inflection point for EV infrastructure deployment in retail real estate,” said Don Wood, President & Chief Executive Officer of Federal Realty. “By aligning with Mercedes-Benz, we’re introducing a forward-looking amenity that enhances the customer experience and reinforces the long-term strength of our portfolio. The structure of the deal is just as innovative as its scale, designed to create lasting value for our business and our communities.”