Federal Realty and Mercedes-Benz High-Power Charging Forge Landmark EV Infrastructure Agreement

Strategic agreement enables scalable rollout of premium EV fast-charging stalls across at least 50 of Federal Realty's high-performing retail centers

N. BETHESDA, Md., July 9, 2025 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today announced a first-of-its-kind agreement with Mercedes-Benz High-Power Charging (HPC), naming the automaker its preferred electric vehicle (EV) charging provider. The collaboration establishes the foundation for a scalable rollout, expected to bring more than 500 ultra-fast charging stalls to at least 50 of Federal Realty's premier open-air retail destinations in its national portfolio.

"We view this partnership as a strategic inflection point for EV infrastructure deployment in retail real estate," said Don Wood, President & Chief Executive Officer of Federal Realty. "By aligning with Mercedes-Benz, we're introducing a forward-looking amenity that enhances the customer experience and reinforces the long-term strength of our portfolio. The structure of the deal is just as innovative as its scale, designed to create lasting value for our business and our communities."

"Scaling reliable, high-speed EV charging requires more than just technology—it takes partners who understand place, quality, and the customer journey," said Andrew Cornelia, President & Chief Executive Officer of Mercedes-Benz HPC North America. "Federal Realty's properties are destinations in their own right, and this collaboration enables us to deliver a seamless charging experience at some of the most desirable locations in the country."

The initial rollout includes 20 of the selected sites, including Camelback Colonnade in Phoenix, AZ; Lawrence Park Shopping Center in Broomall, PA; and Shops at Pembroke Gardens in Pembroke Pines, FL. Each location will feature up to 10 charging stalls with 400 kW charging speeds, accessible to all drivers regardless of vehicle brand, with the first locations expected to come online in 2026.

Unlike traditional site-by-site EV installations, this commitment represents a portfolio-driven model—enabling Mercedes-Benz HPC to scale rapidly while reducing complexity. It reflects Federal Realty's differentiated approach to asset management and builds on its broader strategy of integrating infrastructure-forward enhancements that drive durable value. The collaboration also underscores the selectivity of Federal's relationships, earning the trust of a globally respected brand to deliver a premium, future-focused experience.

About Federal Realty

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. This includes a portfolio of open-air shopping centers and mixed-use destinations—such as Santana Row, Pike & Rose and Assembly Row—which together reflect the company's ability to create distinctive, high-performing environments that serve as vibrant destinations for their communities. Federal Realty's 103 properties include approximately 3,500 tenants in 27 million commercial square feet, and approximately 3,100 residential units.

Federal Realty has increased its quarterly dividends to its shareholders for 57 consecutive years, the longest record in the REIT industry. The company is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.    

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SOURCE Federal Realty Investment Trust