THE FEDERATED COMPANIES PURCHASES 13.2 ACRE LAND SITE IN THE TOWN OF SALISBURY

Miami Beach, FL – March 11, 2011 – (RealEstateRama) — The Federated Companies has recently acquired the land asset located on 191 Beach Road, Salisbury, Massachusetts. The land is a 13.2 acre development site in the Town of Salisbury. The property is located within walking distance to the beach, approximately 500 yards to the east. It has 900 feet of frontage along Route 1A at the entrance of Salisbury Beach and the seacoast.


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