With a Whole Foods Market about to take up residence at Huntington Shopping Center, Federal Realty has announced a $75 million makeover of the property on Long Island’s north shore.
Common wisdom from real estate analysts as we emerge from the pandemic is that the best malls will survive, and Mall of America appears to be proof of that.
Federal Realty’s VP of asset management Chris Fleming thinks the pandemic has given the owner-operator of more than 100 properties an opportunity to upgrade many of them.