Real Estate Recycling.(bowling alley becomes headquarters of Federal Realty Investment Trust, Maryland)

Interior Design, May, 1999 by Cohen, Eden

Lehman-Smith McLeish transforms a former bowling alley into dynamic headquarters for Federal Realty Investment Trust in Maryland.

FEDERAL REALTY INVESTMENT TRUST, a publicly traded corporation based in Rockville, Maryland, is a real estate specialist in the ownership, management, and development of retail properties. As the company's portfolio expanded to its current count of 121 nationwide projects (encompassing both community shopping centers and streetfront stores), its personnel roster grew too. When relocation became necessary, logistics and cost concerns prompted FRIT to look close to home.

The chosen site is hardly one of FRIT's top-tier properties, which house stores like Saks Fifth Avenue and Baccarat. The venue was formerly a windowless...

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