FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2016 (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	$	15,243	$	11,685	$	24,424	$	36,109	$	16,232	1908/1965	10/23/1997	35 years
29TH PLACE (Virginia)	VA	4,514	10,211		18,863		11,730		10,195		30,609		40,804		10,522		1975 - 2001	5/30/2007	35 years
ANDORRA (Pennsylvania)	PA		2,432		12,346		11,013		2,432		23,359		25,791		18,269		1953	1/12/1988	35 years
ASSEMBLY ROW/ASSEMBLY SQUARE MARKETPLACE (Massachusetts)	MA		93,252		34,196		500,278		94,552		533,174		627,726		36,044		2005, 2012-2014	2005-2013	35 years
ATLANTIC PLAZA (Massachusetts)	MA		6,293		17,109		1,780		6,293		18,889		25,182		885		1960	1/13/2016	35 years
BALA CYNWYD (Pennsylvania)	PA		3,565		14,466		22,502		2,581		37,952		40,533		18,950		1955	9/22/1993	35 years
BARCROFT PLAZA (Virginia)	VA		12,617		29,603		630		12,617		30,233		42,850		984		1963, 1972, 1990, & 2000	1/13/16 & 11/7/16	35 years
BARRACKS ROAD (Virginia)	VA		4,363		16,459		42,978		4,363		59,437		63,800		39,882		1958	12/31/1985	35 years
BETHESDA ROW (Maryland)	MD		46,579		35,406		144,090		44,880		181,195		226,075		67,697		1945-2008	12/31/93, 6/2/97, 1/20/06, 9/25/08, 9/30/08, & 12/27/10	35 - 50 years
BRICK PLAZA (New Jersey)	NJ		—		24,715		45,437		3,945		66,207		70,152		45,645		1958	12/28/1989	35 years
BRISTOL PLAZA (Connecticut)	CT		3,856		15,959		10,963		3,856		26,922		30,778		16,623		1959	9/22/1995	35 years
BROOK 35 (New Jersey)	NJ	11,242	7,128		38,355		1,635		7,128		39,990		47,118		4,070		1986/2004	1/1/2014	35 years
CAMPUS PLAZA (Massachusetts)	MA		16,710		13,412		265		16,710		13,677		30,387		611		1970	1/13/2016	35 years
CHELSEA COMMONS (Massachusetts)	MA	6,328	9,417		19,466		13,958		9,396		33,445		42,841		7,486		1962/1969/2008	8/25/06, 1/30/07, & 7/16/08	35 years
COCOWALK (Florida)	FL		33,160		71,001		2,716		32,504		74,373		106,877		4,276		1990/1994, 1922-1973	5/4/15, 7/1/15, 12/16/15, & 7/26/16	35 years
COLORADO BLVD (California)	CA		5,262		4,071		10,032		5,262		14,103		19,365		10,262		1905-1988	12/31/96 & 8/14/98	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2016 (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
CONGRESSIONAL PLAZA (Maryland)	MD		2,793	7,424	90,748	1,020	99,945	100,965	50,640	1965/2003	4/1/1965	35 years
COURTHOUSE CENTER (Maryland)	MD		1,750	1,869	1,286	1,750	3,155	4,905	1,793	1975	12/17/1997	35 years
CROSSROADS (Illinois)	IL		4,635	11,611	15,879	4,635	27,490	32,125	15,719	1959	7/19/1993	35 years
CROW CANYON COMMONS (California)	CA		27,245	54,575	7,679	27,245	62,254	89,499	19,516	Late 1970's/ 1998/2006	12/29/05 & 2/28/07	35 years
DARIEN (Connecticut)	CT		29,809	18,302	810	29,809	19,112	48,921	2,424	1920-2009	4/3/2013	35 years
DEDHAM PLAZA (Massachusetts)	MA		14,834	12,918	10,564	14,834	23,482	38,316	14,734	1959	12/31/93 & 12/14/16	35 years
DEL MAR VILLAGE (Florida)	FL		15,624	41,712	5,252	15,587	47,001	62,588	18,573	1982/1994/2007	5/30/08, 7/11/08, & 10/14/14	35 years
EAST BAY BRIDGE (California)	CA		29,079	138,035	10,487	29,079	148,522	177,601	19,797	1994-2001, 2011/2012	12/21/2012	35 years
EASTGATE CROSSING (North Carolina)	NC		1,608	5,775	23,647	1,608	29,422	31,030	18,859	1963	12/18/1986	35 years
ELLISBURG (New Jersey)	NJ		4,028	11,309	19,112	4,013	30,436	34,449	19,374	1959	10/16/1992	35 years
ESCONDIDO PROMENADE (California)	CA		19,117	15,829	12,402	19,117	28,231	47,348	14,590	1987	12/31/96 & 11/10/10	35 years
FALLS PLAZA (Virginia)	VA		1,798	1,270	10,900	1,819	12,149	13,968	8,287	1960/1962	9/30/67 & 10/05/72	25 years
FEDERAL PLAZA (Maryland)	MD		10,216	17,895	39,531	10,216	57,426	67,642	40,896	1970	6/29/1989	35 years
FINLEY SQUARE (Illinois)	IL		9,252	9,544	17,995	9,252	27,539	36,791	18,537	1974	4/27/1995	35 years
FLOURTOWN (Pennsylvania)	PA		1,345	3,943	11,604	1,345	15,547	16,892	5,424	1957	4/25/1980	35 years
FREE STATE SHOPPING CENTER (Maryland)	MD		18,581	41,658	3,739	18,581	45,397	63,978	1,864	1970	1/13/2016	35 years
FRESH MEADOWS (New York)	NY		24,625	25,255	36,465	24,633	61,712	86,345	35,528	1946-1949	12/5/1997	35 years
FRIENDSHIP CENTER (District of Columbia)	DC		12,696	20,803	4,071	12,696	24,874	37,570	10,909	1998	9/21/2001	35 years
GAITHERSBURG SQUARE (Maryland)	MD		7,701	5,271	13,929	5,973	20,928	26,901	17,291	1966	4/22/1993	35 years
GARDEN MARKET (Illinois)	IL		2,677	4,829	6,089	2,677	10,918	13,595	7,016	1958	7/28/1994	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2016 (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
GOVERNOR PLAZA (Maryland)	MD		2,068	4,905	20,401	2,068	25,306	27,374	19,389	1963	10/1/1985	35 years
GRAHAM PARK PLAZA (Virginia)	VA		1,237	15,096	18,523	1,169	33,687	34,856	27,137	1971	7/21/1983	35 years
GRATIOT PLAZA (Michigan)	MI		525	1,601	17,694	525	19,295	19,820	16,620	1964	3/29/1973	25.75 years
GREENLAWN PLAZA (New York)	NY		10,590	20,869	213	10,590	21,082	31,672	875	1975/2004	1/13/2016	35 years
GREENWICH AVENUE (Connecticut)	CT		7,484	5,444	1,199	7,484	6,643	14,127	3,980	1968	4/12/1995	35 years
HAUPPAUGE (New York)	NY		8,791	15,262	4,577	8,419	20,211	28,630	10,977	1963	8/6/1998	35 years
HERMOSA AVENUE (California)	CA		1,116	280	4,459	1,368	4,487	5,855	3,129	1922	9/17/1997	35 years
HOLLYWOOD BLVD (California)	CA		8,300	16,920	21,502	8,370	38,352	46,722	13,294	1929/1991	3/22/99 & 6/18/99	35 years
HUNTINGTON (New York)	NY		12,195	16,008	18,372	12,195	34,380	46,575	14,516	1962	12/12/88, 10/26/07, & 11/24/15	35 years
HUNTINGTON SQUARE (New York)	NY		—	10,075	2,101	—	12,176	12,176	2,777	1980/2004-2007	8/16/2010	35 years
IDYLWOOD PLAZA (Virginia)	VA		4,308	10,026	2,453	4,308	12,479	16,787	8,505	1991	4/15/1994	35 years
KINGS COURT (California)	CA		—	10,714	952	—	11,666	11,666	8,331	1960	8/24/1998	26 years
LANCASTER (Pennsylvania)	PA	4,907	—	2,103	11,759	75	13,787	13,862	7,992	1958	4/24/1980	22 years
LANGHORNE SQUARE (Pennsylvania)	PA		720	2,974	18,236	720	21,210	21,930	14,439	1966	1/31/1985	35 years
LAUREL (Maryland)	MD		7,458	22,525	25,986	7,464	48,505	55,969	35,839	1956	8/15/1986	35 years
LAWRENCE PARK (Pennsylvania)	PA		5,723	7,160	20,117	5,734	27,266	33,000	24,029	1972	7/23/1980	22 years
LEESBURG PLAZA (Virginia)	VA		8,184	10,722	17,120	8,184	27,842	36,026	13,920	1967	9/15/1998	35 years
LINDEN SQUARE (Massachusetts)	MA		79,382	19,247	49,410	79,269	68,770	148,039	19,737	1960-2008	8/24/2006	35 years
MELVILLE MALL (New York)	NY		35,622	32,882	15,370	35,622	48,252	83,874	10,403	1974	10/16/2006	35 years
MERCER MALL (New Jersey)	NJ	55,618	28,684	48,028	44,258	28,717	92,253	120,970	37,484	1975	10/14/2003	25 - 35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2016 (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
MONTROSE CROSSING (Maryland)	MD	72,726	48,624	91,819	13,772	48,624	105,591	154,215	20,987	1960s, 1970s, 1996 & 2011	12/27/11, 12/19/13	35 years
MOUNT VERNON/SOUTH VALLEY/7770 RICHMOND HWY. (Virginia)	VA		10,068	33,501	40,545	10,230	73,884	84,114	31,396	1966/1972/1987/2001	3/31/03, 3/21/03, & 1/27/06	35 years
NORTH DARTMOUTH (Massachusetts)	MA		9,366	—	2	9,366	2	9,368	—	2004	8/24/2006
NORTHEAST (Pennsylvania)	PA		1,152	10,596	16,482	1,153	27,077	28,230	19,721	1959	8/30/1983	35 years
NORTH LAKE COMMONS (Illinois)	IL		2,782	8,604	5,638	2,628	14,396	17,024	8,106	1989	4/27/1994	35 years
OLD KEENE MILL (Virginia)	VA		638	998	5,625	638	6,623	7,261	5,159	1968	6/15/1976	33.33 years
OLD TOWN CENTER (California)	CA		3,420	2,765	30,571	3,420	33,336	36,756	20,065	1962, 1997-1998	10/22/1997	35 years
PAN AM (Virginia)	VA		8,694	12,929	7,262	8,695	20,190	28,885	14,504	1979	2/5/1993	35 years
PENTAGON ROW (Virginia)	VA		—	2,955	95,154	—	98,109	98,109	42,881	1999 - 2002	1998 & 11/22/10	35 years
PERRING PLAZA (Maryland)	MD		2,800	6,461	21,677	2,800	28,138	30,938	22,232	1963	10/1/1985	35 years
PIKE & ROSE (Maryland)	MD		31,471	10,335	427,582	26,199	443,189	469,388	13,498	1963 & 2012-2014	5/18/82, 10/26/07, & 7/31/12	50 years
PIKE 7 PLAZA (Virginia)	VA		14,970	22,799	4,564	14,914	27,419	42,333	15,818	1968	3/31/1997 & 7/8/2015	35 years
PLAZA DEL MERCADO (Maryland)	MD		10,305	21,553	10,558	10,305	32,111	42,416	853	1969	1/13/2016	35 years
PLAZA EL SEGUNDO/THE POINT (California)	CA	176,209	62,127	153,556	63,039	64,463	214,259	278,722	32,104	2006/2007/2016	12/30/11, 6/14/13, 7/26/13 & 12/27/13	35 years
QUEEN ANNE PLAZA (Massachusetts)	MA		3,319	8,457	6,504	3,319	14,961	18,280	9,386	1967	12/23/1994	35 years
QUINCE ORCHARD (Maryland)	MD		3,197	7,949	26,927	2,928	35,145	38,073	17,738	1975	4/22/1993	35 years
ROCKVILLE TOWN SQUARE (Maryland)	MD	4,474	—	8,092	41,924	—	50,016	50,016	14,806	2005 - 2007	2006 - 2007	50 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2016 (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
ROLLINGWOOD APTS. (Maryland)	MD	21,221	552	2,246	7,746	572	9,972	10,544	8,988	1960	1/15/1971	25 years
SAM'S PARK & SHOP (District of Columbia)	DC		4,840	6,319	1,585	4,840	7,904	12,744	4,925	1930	12/1/1995	35 years
SAN ANTONIO CENTER (California)	CA		39,920	32,466	1,114	39,920	33,580	73,500	3,206	1958, 1964-1965, 1974-1975, 1995-1997	1/9/2015	35 years
SANTANA ROW (California)	CA		66,682	7,502	732,733	57,578	749,339	806,917	166,872	1999-2006, 2009, 2011, 2014, 2016	3/5/97, 7/13/12, 9/6/12, 4/30/13 & 9/23/13	40 - 50 years
SAUGUS PLAZA (Massachusetts)	MA		4,383	8,291	2,583	4,383	10,874	15,257	6,274	1976	10/1/1996	35 years
THE AVENUE AT WHITE MARSH (Maryland)	MD	52,436	20,682	72,432	12,961	20,685	85,390	106,075	28,432	1997	3/8/2007	35 years
THE GROVE AT SHREWSBURY (New Jersey)	NJ	54,212	18,016	103,115	2,625	18,021	105,735	123,756	10,395	1988/1993/2007	1/1/2014 & 10/6/14	35 years
THE SHOPPES AT NOTTINGHAM SQUARE (Maryland)	MD		4,441	12,849	170	4,441	13,019	17,460	4,447	2005 - 2006	3/8/2007	35 years
THE SHOPS AT SUNSET PLACE (Florida)	FL	72,229	64,499	50,853	5,425	64,499	56,278	120,777	3,697	1999	10/1/2015	35 years
THIRD STREET PROMENADE (California)	CA		22,645	12,709	43,693	25,125	53,922	79,047	31,389	1888-2000	1996-2000	35 years
TOWER (Virginia)	VA		7,170	10,518	4,019	7,280	14,427	21,707	8,465	1953-1960	8/24/1998	35 years
TOWER SHOPS (Florida)	FL		29,940	43,390	22,840	29,962	66,208	96,170	13,142	1989	1/19/11 & 6/13/14	35 years
TOWN CENTER OF NEW BRITAIN (Pennsylvania)	PA		1,282	12,285	1,575	1,470	13,672	15,142	4,659	1969	6/29/2006	35 years
TROY (New Jersey)	NJ		3,126	5,193	26,770	4,501	30,588	35,089	20,415	1966	7/23/1980	22 years
TYSON'S STATION (Virginia)	VA		388	453	3,782	475	4,148	4,623	3,583	1954	1/17/1978	17 years
VILLAGE AT SHIRLINGTON (Virginia)	VA	6,591	9,761	14,808	38,650	4,234	58,985	63,219	24,877	1940, 2006-2009	12/21/1995	35 years
WESTGATE CENTER (California)	CA		6,319	107,284	35,823	6,319	143,107	149,426	42,865	1960-1966	3/31/2004	35 years

FEDERAL REALTY INVESTMENT TRUST SCHEDULE III SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2016 (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
WHITE MARSH PLAZA (Maryland)	MD			3,478		21,413		337		3,478		21,750		25,228		7,932		1987	3/8/2007	35 years
WHITE MARSH OTHER (Maryland)	MD			34,281		1,843		8,432		34,311		10,245		44,556		752		1985	3/8/2007	35 years
WILDWOOD (Maryland)	MD			9,111		1,061		9,484		9,111		10,545		19,656		8,484		1958	5/5/1969	33.33 years
WILLOW GROVE (Pennsylvania)	PA			1,499		6,643		21,954		1,499		28,597		30,096		25,190		1953	11/20/1984	35 years
WILLOW LAWN (Virginia)	VA			3,192		7,723		82,479		7,790		85,604		93,394		55,812		1957	12/5/1983	35 years
WYNNEWOOD (Pennsylvania)	PA			8,055		13,759		21,001		8,055		34,760		42,815		21,597		1948	10/29/1996	35 years
TOTALS		$	542,707	$	1,305,525	$	2,055,800	$	3,397,748	$	1,294,800	$	5,464,273	$	6,759,073	$	1,729,234