Apr 10, 2017Freight Farms partnership to bring urban farming to shopping centers
Federal Realty Investment Trust has formed an exclusive partnership with Freight Farms, a Boston-based company that retrofits shipping containers with vertical farming technology capable of growing produce in a fraction of the space of traditional farms. The partnership empowers anyone to use this technology while repurposing Federal Realty’s unused parking spaces as a place to locally and sustainably produce food that benefits the shopping centers’ tenants, customers and community, according to Federal Realty.
Federal Realty will begin offering parking spaces for rent to freight farmers at select shopping centers across the country. Each property will offer a unique set of benefits, from opportunities to partner with restaurants and grocery stores to increased brand awareness and local marketing initiatives, according to the company.
Federal Realty and Freight Farms will be rolling out this program in strategic locations, with the first farm anticipated to begin operating this spring. Both look forward to expanding the partnership nationwide.