ROCKVILLE, Md., Nov. 18, 2019 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today announced the acquisition of Georgetowne Shopping Center, a 147,000 square foot grocery anchored neighborhood shopping center with surface parking on 9-acres in Brooklyn, New York. The Property is located in Brooklyn's Georgetown neighborhood. The Trust acquired Georgetowne Shopping Center for $83.7 million cash. Georgetowne Shopping Center is currently 90% occupied and is anchored by specialty grocer Fairway Market ...Full story available on Benzinga.com.