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News Release

Federal Realty Announces Grand Re-Opening of Westgate Center and Welcomes Nike Factory Store and Smashburger Fast-Casual Restaurant This Fall

Grand Re-Opening of Center Planned for Nov. 2, 2013

San Jose, CA (July 23, 2013) – Westgate Center is nearing completion after an extensive $15 million renovation. The center, which remained open during the construction and remodeling work, is getting ready to debut its modern makeover. The updated shopping center will include a lineup of new shops and restaurants, including Nike Factory Store and Smashburger; both to open just in time for the holidays.

After embarking on a major remodel last summer to transform the 52-year-old shopping center, the renovation of Westgate Center will be completed this fall. The one-stop shopping destination will continue to offer family-friendly amenities, adding a 670 sq ft soft-play area for children, updated restrooms and several comfortably furnished common areas. New tile flooring and painting in a contemporary color palette will be showcased throughout the center’s interior. Exterior renovations include a new façade design theme, monument signs at site entrances with lighting and landscaping and an enhanced central plaza with café tables and fountains. A grand re-opening of the 645,000 square foot shopping center is planned for Saturday, Nov. 2.

Nike Factory Store joins a lineup of popular anchor retailers, including Target, Walmart Neighborhood Market, Nordstrom Rack, Ross Dress For Less, Burlington Coat Factory, Michaels, Any Mountain and Old Navy. Smashburger will be among the affordable dining choices at the center and will be located at the main entrance facing Saratoga Avenue.

Nike Factory Store, opening Oct. 31, 2013
The brand defined by the iconic swoosh opens a 17,073 square-foot factory store on Halloween morning with opening events continuing through Sunday, Nov. 3.
As part of the weekend celebration, Nike will host early bird specials, shopper incentives and an enter-to-win gift card giveaway at the new store.

  • Early bird specials include: A free gift to the first 200 shoppers each day.
  • Enter-to-win gift card giveaway: Shoppers may enter to win a $500 Nike gift card.
  • ŸShoppers can also earn $10 when they sign up for Nike Factory Store email alerts.

    Nike Factory Store details: Representing the world’s No. 1 sport brand, Nike Factory Store offers a premium shopping environment that serves athletes of all ages.
    Several sport categories such as running, training, soccer, basketball and Nike Sportswear will be available for men, women and kids at the new Westgate location. Nike Factory Store is committed to the local community, and to celebrating and inspiring individuals through sport.

    Location: The Nike Factory Store will front Saratoga Avenue and occupy most of the former Barnes & Noble space.

    Smashburger, opening late fall 2013
    The secret is in the smash for these delicious burgers that are pressed on a 400-degree flat grill to sear in the juicy flavor. A 2,214 square-foot Smashburger restaurant will serve 100 percent Angus beef that’s always fresh, never frozen. To further the “better burger” experience, the burgers are served on toasted artisan buns and topped with a selection of the freshest produce, real cheeses, and highest-quality condiments.
    Smashburger’s signature burgers are made to order and the restaurant also serves an extensive menu that includes flavorful grilled chicken sandwiches and fresh tossed signature salads, along with a variety of irresistible sides including rosemary-and-garlic–seasoned Smashfries, fried pickles, Haystack Onions, and Veggie Frites. The restaurant will also serve a selection of alcoholic and non-alcoholic beverages including local beers, and hand-spun Häagen-Dazs shakes.
    Other details: Known for localizing its menu in every market with regionally-inspired burgers and side items and offering local craft beers, Smashburger has received numerous awards and is regularly voted best burger in cities around the world.
    Location: Smashburger will be located at the main entrance to the center fronting Saratoga Avenue.

    About Westgate Center
    Westgate Center, located in San Jose, California is a 645,000 square-foot community center offering a one-stop family destination for shopping, dining and entertainment. Westgate Center features over 50 shops and restaurants and is anchored by Target, Walmart Neighborhood Market, Old Navy, Burlington Coat Factory, Nordstrom Rack, Michaels, Any Mountain and Ross. Westgate Center is a property of Federal Realty Investment Trust www.federalrealty.com (NYSE:FRT), headquartered in Rockville, Maryland. For more information, please visit shopwestgatecenter.com.

    About Federal Realty
    Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, development, and redevelopment of high quality retail assets. Federal Realty's portfolio (excluding joint venture properties) contains approximately 20 million square feet located primarily in strategically selected metropolitan markets in the Northeast, Mid-Atlantic, 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 March 31, 2013, with no single tenant accounting for more than approximately 3.2% 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.