FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2013 (Dollars in thousands)

COLUMN A		COLUMN B	COLUMN C		COLUMN D	COLUMN E			COLUMN F	COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance	Initial cost to company		Cost Capitalized Subsequent to Acquisition	Gross amount at which carried at close of period			Accumulated Depreciation and Amortization	Date of Construction	Date Acquired	Life on which depreciation in latest income statements is computed
Descriptions		Encumbrance	Land	Building and Improvements	Cost Capitalized Subsequent to Acquisition	Land	Building and Improvements	Total	Accumulated Depreciation and Amortization	Date of Construction	Date Acquired
150 POST STREET (California)	CA	—	11,685	9,181	16,160	11,685	25,341	37,026	15,265	1908, 1965	10/23/1997	35 years
29TH PLACE (Virginia)	VA	5,090	10,211	18,863	10,857	10,225	29,706	39,931	5,793	1975 - 2001	5/30/2007	35 years
ANDORRA (Pennsylvania)	PA	—	2,432	12,346	10,768	2,432	23,114	25,546	16,170	1953	1/12/1988	35 years
ASSEMBLY SQUARE MARKETPLACE/ASSEMBLY ROW (Massachusetts)	MA	—	93,252	34,196	232,268	45,890	313,826	359,716	17,917	2005, 2012-2013	2005-2011	35 years
THE AVENUE AT WHITE MARSH (Maryland)	MD	54,120	20,682	72,432	4,065	20,685	76,494	97,179	19,278	1997	3/8/2007	35 years
BALA CYNWYD (Pennsylvania)	PA	—	3,565	14,466	21,931	3,566	36,396	39,962	15,006	1955	9/22/1993	35 years
BARRACKS ROAD (Virginia)	VA	37,069	4,363	16,459	38,355	4,363	54,814	59,177	35,487	1958	12/31/1985	35 years
BETHESDA ROW (Maryland)	MD	—	46,579	35,406	138,402	44,880	175,507	220,387	49,469	1945-2008	12/31/93, 1/20/06, 9/25/08, 9/30/08, & 12/27/10	35 - 50 years
BRICK PLAZA (New Jersey)	NJ	27,254	—	24,715	35,040	3,939	55,816	59,755	40,673	1958	12/28/1989	35 years
BRISTOL (Connecticut)	CT	—	3,856	15,959	9,831	3,856	25,790	29,646	13,521	1959	9/22/1995	35 years
CHELSEA COMMONS (Massachusetts)	MA	6,968	9,417	19,466	13,836	9,396	33,323	42,719	4,483	1962/1969/2008	08/25/06, 1/30/07, & 7/16/08	35 years
COLORADO BLVD (California)	CA	—	5,262	4,071	8,788	5,262	12,859	18,121	8,640	1905-1988	12/31/96 & 8/14/98	35 years
CONGRESSIONAL PLAZA (Maryland)	MD	—	2,793	7,424	65,584	1,020	74,781	75,801	45,511	1965/2003	4/1/1965	35 years
COURTHOUSE CENTER (Maryland)	MD	—	1,750	1,869	1,075	1,750	2,944	4,694	1,410	1975	12/17/1997	35 years
COURTYARD SHOPS (Florida)	FL	—	16,862	21,851	1,874	16,894	23,693	40,587	4,694	1990/1998	9/4/2008	35 years
CROSSROADS (Illinois)	IL	—	4,635	11,611	14,817	4,635	26,428	31,063	12,996	1959	7/19/1993	35 years
CROW CANYON COMMONS (California)	CA	—	27,245	54,575	3,633	27,245	58,208	85,453	13,940	Late 1970's/2006	12/29/05 & 02/28/07	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2013 (Dollars in thousands)

COLUMN A		COLUMN B	COLUMN C		COLUMN D	COLUMN E			COLUMN F	COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance	Initial cost to company		Cost Capitalized Subsequent to Acquisition	Gross amount at which carried at close of period			Accumulated Depreciation and Amortization	Date of Construction	Date Acquired	Life on which depreciation in latest income statements is computed
Descriptions		Encumbrance	Land	Building and Improvements	Cost Capitalized Subsequent to Acquisition	Land	Building and Improvements	Total	Accumulated Depreciation and Amortization	Date of Construction	Date Acquired
DARIEN (Connecticut)	CT	—	29,809	18,302	5	29,809	18,307	48,116	492	1920-2009	4/3/2013	35 years
DEDHAM PLAZA (Massachusetts)	MA	—	12,287	12,918	9,375	12,287	22,293	34,580	12,089	1959	12/31/1993	35 years
DEL MAR VILLAGE (Florida)	FL	—	14,218	39,559	2,130	14,180	41,727	55,907	7,982	1982/1994/2007	5/30/08 & 7/11/08	35 years
EAST BAY BRIDGE (California)	CA	65,190	29,079	138,035	395	29,079	138,430	167,509	5,000	1994-2001, 2011-2012	12/21/2012	35 years
EASTGATE (North Carolina)	NC	—	1,608	5,775	19,444	1,608	25,219	26,827	16,560	1963	12/18/1986	35 years
ELLISBURG CIRCLE (New Jersey)	NJ	—	4,028	11,309	16,224	4,013	27,548	31,561	16,430	1959	10/16/1992	35 years
ESCONDIDO PROMENADE (California)	CA	—	19,117	15,829	12,070	19,117	27,899	47,016	10,400	1987	12/31/96 & 11/10/10	35 years
FALLS PLAZA (Virginia)	VA	—	1,798	1,270	9,802	1,819	11,051	12,870	7,313	1960/1962	09/30/67 & 10/05/72	25 years
FEDERAL PLAZA (Maryland)	MD	—	10,216	17,895	37,539	10,216	55,434	65,650	35,449	1970	6/29/1989	35 years
FINLEY SQUARE (Illinois)	IL	—	9,252	9,544	13,750	9,252	23,294	32,546	15,971	1974	4/27/1995	35 years
FLOURTOWN (Pennsylvania)	PA	—	1,345	3,943	8,627	1,470	12,445	13,915	5,146	1957	4/25/1980	35 years
FRESH MEADOWS (New York)	NY	—	24,625	25,255	29,490	24,628	54,742	79,370	27,977	1946-1949	12/5/1997	35 years
FRIENDSHIP CTR (District of Columbia)	DC	—	12,696	20,803	2,685	12,696	23,488	36,184	7,997	1998	9/21/2001	35 years
GAITHERSBURG SQUARE (Maryland)	MD	—	7,701	5,271	12,623	5,973	19,622	25,595	15,094	1966	4/22/1993	35 years
GARDEN MARKET (Illinois)	IL	—	2,677	4,829	4,798	2,677	9,627	12,304	5,649	1958	7/28/1994	35 years
GOVERNOR PLAZA (Maryland)	MD	—	2,068	4,905	19,660	2,068	24,565	26,633	16,032	1963	10/1/1985	35 years
GRATIOT PLAZA (Michigan)	MI	—	525	1,601	16,929	525	18,530	19,055	14,590	1964	3/29/1973	25.75 years
GREENWICH AVENUE (Connecticut)	CT	—	7,484	5,444	1,041	7,484	6,485	13,969	3,396	1968	4/12/1995	35 years
HAUPPAUGE (New York)	NY	13,974	8,791	15,262	3,746	8,426	19,373	27,799	8,918	1963	8/6/1998	35 years
HERMOSA AVE. (California)	CA	—	1,116	280	4,439	1,368	4,467	5,835	2,189	1922	9/17/1997	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2013 (Dollars in thousands)

COLUMN A		COLUMN B	COLUMN C		COLUMN D	COLUMN E			COLUMN F	COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance	Initial cost to company		Cost Capitalized Subsequent to Acquisition	Gross amount at which carried at close of period			Accumulated Depreciation and Amortization	Date of Construction	Date Acquired	Life on which depreciation in latest income statements is computed
Descriptions		Encumbrance	Land	Building and Improvements	Cost Capitalized Subsequent to Acquisition	Land	Building and Improvements	Total	Accumulated Depreciation and Amortization	Date of Construction	Date Acquired
HOLLYWOOD BLVD. (California)	CA	—	8,300	16,920	15,922	8,300	32,842	41,142	9,311	1929/1991	3/22/99 & 6/18/99	35 years
HOUSTON STREET (Texas)	TX	—	14,680	1,976	44,829	14,778	46,707	61,485	26,108	var	1998	35 years
HUNTINGTON (New York)	NY	—	11,713	16,008	15,769	11,713	31,777	43,490	10,832	1962	12/12/88 & 10/26/07	35 years
HUNTINGTON SQUARE (New York)	NY	—	—	10,075	1,314	—	11,389	11,389	1,281	1980/2004-2007	8/16/2010	35 years
IDYLWOOD PLAZA (Virginia)	VA	—	4,308	10,026	2,361	4,308	12,387	16,695	7,058	1991	4/15/1994	35 years
KINGS COURT (California)	CA	—	—	10,714	930	—	11,644	11,644	7,054	1960	8/24/1998	26 years
LANCASTER (Pennsylvania)	PA	4,907	—	2,103	11,435	75	13,463	13,538	6,947	1958	4/24/1980	22 years
LANGHORNE SQUARE (Pennsylvania)	PA	—	720	2,974	17,133	720	20,107	20,827	12,435	1966	1/31/1985	35 years
LAUREL (Maryland)	MD	—	7,458	22,525	21,195	7,464	43,714	51,178	31,630	1956	8/15/1986	35 years
LAWRENCE PARK (Pennsylvania)	PA	26,275	5,723	7,160	18,433	5,734	25,582	31,316	22,446	1972	7/23/1980	22 years
LEESBURG PLAZA (Virginia)	VA	—	8,184	10,722	16,497	8,184	27,219	35,403	11,085	1967	9/15/1998	35 years
LINDEN SQUARE (Massachusetts)	MA	—	79,382	19,247	47,749	79,269	67,109	146,378	12,920	1960-2008	8/24/2006	35 years
LOEHMANN'S PLAZA (Virginia)	VA	—	1,237	15,096	17,292	1,169	32,456	33,625	23,512	1971	7/21/1983	35 years
MELVILLE MALL (New York)	NY	20,653	35,622	32,882	1,079	35,622	33,961	69,583	6,953	1974	10/16/2006	35 years
MERCER MALL (New Jersey)	NJ	55,794	28,684	48,028	33,269	28,684	81,297	109,981	27,818	1975	10/14/2003	25 - 35 years
MID PIKE PLAZA/PIKE & ROSE (Maryland)	MD	—	31,388	10,335	140,641	7,517	174,847	182,364	17,833	1963	05/18/82 & 10/26/07	50 years
MONTROSE CROSSING (Maryland)	MD	77,341	48,624	91,819	12,242	48,624	104,061	152,685	8,323	1960-1979, 1996 & 2011	12/27/2011	35 years
MOUNT VERNON/SOUTH VALLEY/7770 RICHMOND HWY. (Virginia)	VA	—	10,068	33,501	36,629	10,232	69,966	80,198	23,553	1966/1972/1987/2001	03/31/03, 3/21/03, & 1/27/06	35 years
TOWN CENTER OF NEW BRITAIN (Pennsylvania)	PA	—	1,282	12,285	1,145	1,262	13,450	14,712	3,360	1969	6/29/2006	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2013 (Dollars in thousands)

COLUMN A		COLUMN B	COLUMN C		COLUMN D		COLUMN E			COLUMN F	COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance	Initial cost to company		Cost Capitalized Subsequent to Acquisition		Gross amount at which carried at close of period			Accumulated Depreciation and Amortization	Date of Construction	Date Acquired	Life on which depreciation in latest income statements is computed
Descriptions		Encumbrance	Land	Building and Improvements	Cost Capitalized Subsequent to Acquisition		Land	Building and Improvements	Total	Accumulated Depreciation and Amortization	Date of Construction	Date Acquired
NORTH DARTMOUTH (Massachusetts)	MA	—	27,214	—	(17,846	)	9,366	2	9,368	2	2004	8/24/2006
NORTHEAST (Pennsylvania)	PA	—	1,152	10,596	12,896		1,153	23,491	24,644	17,270	1959	8/30/1983	35 years
NORTH LAKE COMMONS (Illinois)	IL	—	2,782	8,604	5,140		2,628	13,898	16,526	6,488	1989	4/27/1994	35 years
OLD KEENE MILL (Virginia)	VA	—	638	998	4,935		638	5,933	6,571	4,965	1968	6/15/1976	33.33 years
OLD TOWN CENTER (California)	CA	—	3,420	2,765	31,014		3,420	33,779	37,199	18,145	1962, 1997-1998	10/22/1997	35 years
PAN AM SHOPPING CENTER (Virginia)	VA	—	8,694	12,929	7,061		8,695	19,989	28,684	12,654	1979	2/5/1993	35 years
PENTAGON ROW (Virginia)	VA	—	—	2,955	93,397		—	96,352	96,352	36,418	1999 - 2002	1998 & 11/22/10	35 years
PERRING PLAZA (Maryland)	MD	—	2,800	6,461	20,637		2,800	27,098	29,898	19,655	1963	10/1/1985	35 years
PIKE 7 (Virginia)	VA	—	9,709	22,799	3,664		9,653	26,519	36,172	13,129	1968	3/31/1997	35 years
PLAZA EL SEGUNDO (California)	CA	182,129	56,606	153,556	15,422		40,701	184,883	225,584	12,133	2006 & 2007	12/30/2011	35 years
QUEEN ANNE PLAZA (Massachusetts)	MA	—	3,319	8,457	6,367		3,319	14,824	18,143	7,989	1967	12/23/1994	35 years
QUINCE ORCHARD PLAZA (Maryland)	MD	—	3,197	7,949	16,598		2,928	24,816	27,744	13,781	1975	4/22/1993	35 years
ROCKVILLE TOWN SQUARE (Maryland)	MD	4,524	—	8,092	42,536		—	50,628	50,628	10,249	2005 - 2007	2006 - 2007	50 years
ROLLINGWOOD APTS. (Maryland)	MD	22,521	552	2,246	6,837		572	9,063	9,635	7,725	1960	1/15/1971	25 years
SAM'S PARK & SHOP (District of Columbia)	DC	—	4,840	6,319	1,671		4,840	7,990	12,830	4,319	1930	12/1/1995	35 years
SANTANA ROW (California)	CA	—	44,562	7,502	621,900		57,575	616,389	673,964	122,907	1999 - 2009, 2011	3/5/1997 & 2012	40 - 50 years
SAUGUS (Massachusetts)	MA	—	4,383	8,291	2,141		4,383	10,432	14,815	5,033	1976	10/1/1996	35 years
SHIRLINGTON (Virginia)	VA	6,446	9,761	14,808	34,857		4,234	55,192	59,426	18,967	1940, 2006-2009	12/21/1995	35 years
THE SHOPPES AT NOTTINGHAM SQUARE (Maryland)	MD	—	4,441	12,849	54		4,441	12,903	17,344	3,062	2005 - 2006	3/8/2007	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2013 (Dollars in thousands)

COLUMN A		COLUMN B		COLUMN C				COLUMN D			COLUMN E						COLUMN F		COLUMN G	COLUMN H	COLUMN I
Descriptions		Encumbrance		Initial cost to company				Cost Capitalized Subsequent to Acquisition			Gross amount at which carried at close of period						Accumulated Depreciation and Amortization		Date of Construction	Date Acquired	Life on which depreciation in latest income statements is computed
Descriptions		Encumbrance		Land		Building and Improvements		Cost Capitalized Subsequent to Acquisition			Land		Building and Improvements		Total		Accumulated Depreciation and Amortization		Date of Construction	Date Acquired
THIRD STREET PROMENADE (California)	CA	—		22,645		12,709		42,752			25,125		52,981		78,106		26,548		1888-2000	1996-2000	35 years
TOWER (Virginia)	VA	—		7,170		10,518		3,534			7,280		13,942		21,222		6,852		1953-1960	8/24/1998	35 years
TOWER SHOPS (Florida)	FL	—		28,823		36,313		12,936			28,845		49,227		78,072		6,076		1989	1/19/2011	35 years
TROY (New Jersey)	NJ	—		3,126		5,193		21,856			4,028		26,147		30,175		18,065		1966	7/23/1980	22 years
TYSON'S STATION (Virginia)	VA	—		388		453		3,625			475		3,991		4,466		3,157		1954	1/17/1978	17 years
WESTGATE CENTER (California)	CA	—		6,319		107,284		20,962			6,319		128,246		134,565		29,850		1960-1966	3/31/2004	35 years
WHITE MARSH PLAZA (Maryland)	MD	—		3,478		21,413		198			3,478		21,611		25,089		5,494		1987	3/8/2007	35 years
WHITE MARSH OTHER (Maryland)	MD	—		60,400		1,843		(26,047		)	34,311		1,885		36,196		512		1985	3/8/2007	35 years
WILDWOOD (Maryland)	MD	23,095		9,111		1,061		8,297			9,111		9,358		18,469		7,984		1958	5/5/1969	33.33 years
WILLOW GROVE (Pennsylvania)	PA	—		1,499		6,643		21,651			1,499		28,294		29,793		22,080		1953	11/20/1984	35 years
WILLOW LAWN (Virginia)	VA	—		3,192		7,723		71,601			7,790		74,726		82,516		46,038		1957	12/5/1983	35 years
WYNNEWOOD (Pennsylvania)	PA	26,777		8,055		13,759		15,816			8,055		29,575		37,630		17,538		1948	10/29/1996	35 years
TOTALS		$	660,127	$	1,104,678	$	1,630,403	$	2,414,382		$	987,735	$	4,161,728	$	5,149,463	$	1,350,471