{
  "id": 11373838,
  "title": "Federal Realty Acquires The Summit, Alabama's Retail Destination",
  "url": "https://urgent.news/2026/10/02/federal-realty-acquires-the-summit-alabamas-retail-destination",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T05:33:43.000Z",
  "source": {
    "name": "Nasdaq Markets",
    "slug": "nasdaq-markets",
    "url": "https://www.nasdaq.com/articles/federal-realty-acquires-summit-alabamas-retail-destination"
  },
  "original_language": "en",
  "account": null,
  "summary": "(RTTNews) - Federal Realty Investment Trust (FRT), a real estate company, Thursday announced that it has acquired from the original developer, The Summit, Alabama's retail destination, for $498 million on a net basis.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}