May 03

Federal Realty Investment Trust Leases Four Locations to Sola Salon Studios in Pennsylvania and New Jersey

Federal Realty Investment Trust (NYSE: FRT), a national leader in real estate investment trust (REIT) developing sustainable and high-quality retail-based properties for destination experiences, is pleased to announce four new Sola Salon Studio locations at shopping centers in Pennsylvania and New Jersey.

Sola Salon is one of the fastest growing salon studio concepts, offering experienced hairdressers, skincare professionals, nail technicians, massage therapists, and other salon professionals the opportunity to open their own business with Sola’s continuous support. New salon locations include Langhorne Square Shopping Center, Flourtown Shopping Center, Wynnewood Shopping Center, and Ellisburg Shopping Center.

“We are thrilled to welcome four new Sola Salon Studios to our community shopping centers as they continue their regional expansion,” said James Dotson, Director of Leasing at Federal Realty Investment Trust. “The locations of the new salons were strategically chosen to complement the existing tenants in the shopping centers, while offering a best-in-class beauty destination for residents near our Pennsylvania and New Jersey centers.”

Specific locations details include:

  • The 5,911 square foot Levittown, PA location is in The Langhorne Square Shopping Center and is currently open.
  • The Wynnewood, PA location is a 6,358 square foot space in Wynnewood Shopping Center. The location is currently open.
  • The largest of the four salons is located at the Ellisburg Shopping Center in Cherry Hill, NJ. The 10,566 square foot salon is slated to open in July 2022.
  • The salon’s upcoming 5,328 square foot location at the Flourtown Shopping Center, in Flourtown, PA is expected to open in early 2023.

“This partnership between Sola Salons and Federal Realty represents a larger fundamental shift in the salon model nationally,” said Bo Breuner, owner of Sola Salon Studios. “Sola Salon Studios knocks down the barrier to entry for salon ownership, giving salon professionals new opportunity to work for themselves.”

The new Sola Salon locations will be in necessity-based shopping centers alongside pharmacies, grocery stores, fashion, dining, and health stores. For additional information about Federal Reality or how to lease at one of the immersive and unique properties, please visit: www.federalrealty.com.

###

Posted In Company, Real Estate & Related Services

LinkedIn