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November 1, 2025 | Company Pulse

FWR Aquires 100% Ownership of 6 Centers

FWR Aquires 100% Ownership of 6 Centers
First Washington Realty acquired, via an affiliate, the 100% interest of six shopping centers in Colorado, Virginia, California and Pennsylvania, through an 11-property asset swap. Prior to the swap, we owned the majority interest in the subject centers, through a longstanding joint venture with Regency Centers.   “We believe this thoughtful exchange enables both parties to capitalize on opportunities in a win-win fashion, while unlocking additional value for our investors.” -- Alex Nyhan, CEO of FWR   FWR remains invested in our joint venture with Regency Centers and values our longstanding relationship.

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FWR Aquires 100% Ownership of 6 Centers | First Washington | First Washington