Federal Realty Sells Rockville Shopping Center for $10M

Federal Realty Investment Trust has announced the sale of Courthouse Center, a 33,000SF shopping center in Rockville, for $10 million.

The property, located at 12 N. Washington Street in Rockville, includes several restaurant tenants such as Pelicana Chicken, Subway, Eerkin’s, and East Dumpling House. The transaction comes just a few months after Federal Realty sold Pallas at Pike & Rose, a residential building located within the North Bethesda mixed-use development, for $125 million…

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