This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Whole Foods Market To Open At Pleasant Shops Wednesday, July 10, 2013

Stocks in this article: FRT WFM

WEYMOUTH, Mass., July 9, 2013 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) announces the opening of Whole Foods Market (NASDAQ: WFM), the world's leading natural and organic supermarket and America's first national certified organic grocer, at Pleasant Shops located at the intersection of Route 18 and Pleasant Valley Parkway in Norfolk County. Whole Foods Market's newest location will open with the company's traditional bread-breaking ceremony on Wednesday, July 10 at 9:45am

"The Whole Foods Market concept is a great enhancement to Pleasant Shops," said John Hendrickson, Northeast Regional Chief Operating Officer for Federal Realty Investment Trust, "As we have seen at our other properties, Whole Foods' addition will help provide the opportunity to further enhance the additional tenancy and our long-term vision of the property."  Pleasant Shops was acquired by a joint venture between Federal Realty Investment Trust and a client advised by Clarion Partners.

The 40,000 square foot store; Whole Foods Market's 23 rd Massachusetts location, will employ approximately 140 full and part time team members – serving the south shore community with the highest quality groceries, produce, seafood and meats available along with restaurant-quality prepared foods that can be enjoyed in the store's cafe seating area.  Unique features also include a coffee and smoothie bar with seating, pizza oven with a direct take-out phone line and an artisanal cheese room. 

" Weymouth is pleased to welcome Whole Foods Market to our community.  Our Healthy Wey/Mass in Motion Partnership is working to improve access to healthy food and physical activity for all who live or work in Weymouth.  As we continue with Healthy Wey/Mass in Motion programs, we know we can count on Whole Foods Market," said Weymouth Mayor Susan M. Kay

The public is welcome to be part of Whole Foods Market history, by attending the bread breaking ceremony at 9:45am.  The store will officially open for business at 10am and operate daily from 8am-10pm

For career opportunities at Whole Foods Market, interested individuals are encouraged to visit www.wholefoodsmarket.com

About Whole Foods Market ® 

Founded in 1980 in Austin, Texas, Whole Foods Market ( wholefoodsmarket.com, (NASDAQ: WFM), is the leading natural and organic food retailer. As America's first national certified organic grocer, Whole Foods Market was named "America's Healthiest Grocery Store" by  Health magazine. The company's motto, "Whole Foods, Whole People, Whole Planet"™ captures its mission to ensure customer satisfaction and health, Team Member excellence and happiness, enhanced shareholder value, community support and environmental improvement. Thanks to the company's more than 73,000 Team Members, Whole Foods Market has been ranked as one of the "100 Best Companies to Work For" in America by  FORTUNE magazine for 16 consecutive years. In fiscal year 2012, the company had sales of $11.7 billion and currently has more than 340 stores in the United States, Canada and the United Kingdom. 

About Federal Realty

Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, development, and redevelopment of high quality retail assets. Federal Realty's portfolio (excluding joint venture properties) contains approximately 20 million square feet located primarily in strategically selected metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, the Trust has an ownership interest in approximately 1.0 million square feet of retail space through a joint venture in which the Trust has a 30% interest. Our operating portfolio (excluding joint venture properties) was 95.1% leased to national, regional, and local retailers as of March 31, 2013, with no single tenant accounting for more than approximately 3.2% of annualized base rent. Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 45 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P MidCap 400 company and its shares are traded on the NYSE under the symbol FRT.  For more information please visit www.federalrealty.com

About Clarion Partners LLC

Clarion Partners has been a leading U.S. real estate investment manager for over 30 years. Headquartered in New York, the firm has offices in major markets throughout the U.S., in Sao Paulo, Brazil and London, England as well as a presence in Mexico. With more than $28 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its more than 200 domestic and international institutional investors.  More information about the firm is available at www.clarionpartners.com

Media Inquiries Lisa GeigerMarketing Manager, Northeast Region410.931.0411 lgeiger@federalrealty.com

SOURCE Federal Realty Investment Trust

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs