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MBTA BOARD APPROVES ORANGE LINE T AGREEMENT
SOMERVILLE, MA - February 8, 2011 - (RealEstateRama) -- Federal Realty Investment Trust (NYSE: FRT) today announced that the Massachusetts Bay Transportation Authority (MBTA) board voted to approve a memorandum of agreement (MOA) between Federal Realty and the MBTA -- another significant milestone in Massachusetts’ largest development project.