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The 62,000-square-foot Senator Square Shopping Center in northeast Washington, DC. The 62,000-square-foot Senator Square Shopping Center in northeast Washington, DC.

WASHINGTON, DC—Cedar Realty Trust, Inc. has acquired a long-term leasehold interest in the Senator Square Shopping Center here that it says will help improve its ongoing redevelopment efforts in the Ward 7 neighborhood in Northeast Washington, DC.

The Port Washington, NY-based REIT acquired a 99-year leasehold in the 62,000-square-foot shopping center at Minnesota Avenue and Benning Road that includes a purchase option. No financial terms of the transaction were released.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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