Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Federal Realty Acquires East Bay Bridge Shopping Center
-Property is located in desirable Bay Area sub-market-

ROCKVILLE, Md., Jan. 2, 2013 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today announced the acquisition of East Bay Bridge shopping center, a 438,000 square foot, grocery-anchored power center spanning two municipalities, Emeryville and Oakland, California.  The Trust paid cash consideration of $53.7 million and assumed an existing $62.9 million mortgage loan secured by the property. 

(Logo: http://photos.prnewswire.com/prnh/20050907/DCW070LOGO )

East Bay Bridge is anchored by a 60,000 square foot Pak 'N Save by Safeway supermarket, 140,000 square foot Target, and 100,000 square foot Home Depot, with 14 additional retailers including Sports Authority, Michael's, Pacific Sales Kitchen and Bath, and Office Max.  The property was constructed in 1994, and sits within a larger mixed use site of 50 acres with additional retail, a hotel, and an apartment complex.  East Bay Bridge is located at the intersections of three major highways, I-80, I-580 and I-880 and spans ten city blocks along 40th Street with over 2,800 feet of freeway visibility and 3,300 feet of street frontage along 40th Street. The property's dominant location, along three major highways, boasts significant daily traffic counts of 216,000 cars per day to the south on I-580 and 288,000 cars per day to the west along I-580/I-880 with those counts expected to grow once the expansion of the Caldecott Tunnel is completed in 2013.

"East Bay Bridge shopping center is well located in a very supply constrained trade area in the densely populated East Bay market with top tier, top performing national tenants that draw from a wide trade area," commented Jeff Berkes, president – west coast. "We were attracted to the investment because of the strength of its location, the strength of the tenancy, and the fact that most of the leases were negotiated nearly 20 years ago and, as a result, are substantially below today's market rents."

At closing in late 2012, Federal Realty incurred approximately $1 million ($0.02 per diluted share) of closing costs associated with the acquisition, which had not previously been included in the Trust's 2012 FFO per diluted share guidance.  This acquisition is expected to be accretive to Federal Realty's earnings beginning in 2013, and is expected to provide value creation for the Trust in both the medium and longer term. 

About Federal Realty
Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, and redevelopment of high quality retail real estate in the country's best markets.  As of September 30, 2012, Federal Realty's portfolio (excluding joint venture properties) contained approximately 19.1 million square feet located primarily in strategically selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, 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 September 30, 2012, with no single tenant accounting for more than approximately 3.1% 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.

Media Inquiries

Investor Inquiries

Andrea Simpson

Kristina Lennox

Director, Marketing

Investor Relations Coordinator

617/684-1511

301/998-8265

asimpson@federalrealty.com 

klennox@federalrealty.com

SOURCE Federal Realty Investment Trust

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
If you’ve been paying close attention lately you’ll know that the “Internet of Things” has become one of the technology industry’s biggest buzz phrases. It’s not hard to figure why. The internet has been around for the last twenty years and it has truly revolutionized our lives, the wa...
In recent years, the US government has become a leading advocate for continuous monitoring of security threats and vulnerabilities. But how effectively are departments and agencies in implementing these programs? And how do we measure success? Moving Towards Continuous Monitoring Tho...
A lot is written on mobile technologies, the Internet of Things, social media and analytics, but little is written on how all these might work together in a retail environment. I think best by writing, so let's think this through together. Blind spots are defined as, "Areas where a p...
Google, with one fell swoop, changed their search algorithm and changing the lives (and livelihoods) of billions. Enter Mobilegeddon. With smartphones becoming as ubiquitous as ever, people are increasingly using them for tasks that they used to do on their PCs, like search. And just ...
As an engineer who started my career working on real-time embedded systems for industrial automation, I can tell you what a Herculean task it can be to get a tiny piece of hardware to run very sophisticated software on comparatively low spec CPU. All the while having it execute quickly...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE