Federal Realty Buys Darien Shopping Center For $47.3M

Federal Realty Investment Trust has purchased a Darien shopping center for $47.3 Million. The 9 Acre property, which is anchored by Stop & Shop supermarket, Equinox  Health Club and Walgreens, is located at 148 Heights Road in Darien.

At a total of 95,000 S.F. contained within 7 buildings, the property sits on prime real estate across the street from Noroton Heights Train Station which serves over 300,000 passengers per year on the New York to New Haven line.