Washington Real Estate Investment Trust closed the sales of its three power center assets encompassing approximately 850,000 square feet in Maryland for total gross proceeds of approximately $77 million.
The diversified REIT said the assets are Centre at Hagerstown, Frederick Crossing and Frederick County Square.
The company also noted that it completed its purchase of a multifamily portfolio, totaling 2,113 units across seven assets for about $461 million, among other transactions.
