ROCKVILLE, Md., Feb. 12, 2018 /PRNewswire/ -- Federal Realty
Investment Trust (NYSE: FRT) announced today the following
promotions:
Melissa Solis has been promoted
to Senior Vice President – Chief Accounting Officer. Melissa
oversees the Trust's accounting functions, financial reporting,
lease administration and corporate forecasting. Ms. Solis joined
Federal Realty in 2007 as Controller and was promoted to Vice
President – Chief Accounting Officer in 2011.
Prior to joining the Trust, Ms. Solis was a senior manager at
Ernst & Young in the assurance and advisory business services
group specializing in real estate. Ms. Solis is a Certified Public
Accountant and has a bachelor's degree with a double major in
accounting and finance from Indiana
University where she graduated Magna Cum Laude.
Christian Fleming has been
appointed to Vice President – Asset Management. In this capacity,
Chris is responsible for the performance of the Trust's
Philadelphia and Baltimore portfolios, comprised of 20 assets
representing approximately 4.5 million square feet. Mr. Fleming
joined the Trust in 2007 as a Development Finance Manager, and has
held various other positions within the Trust.
Prior to joining the trust, Mr. Fleming was a Senior Investment
Manager at Northmarq Capital, Inc. specializing in commercial real
estate financing. Mr. Fleming holds a Masters of Business
Administration from the University of
Maryland: Robert H. Smith
School of Business and a Bachelor of Science in
Environmental Studies from George Washington
University.
Patrick McMahon has been promoted
to Vice President – Development. Patrick is responsible for
management of the Trust's development pipeline in the Boston and New
York portfolios, specifically the multi-phase development at
Assembly Row in Somerville,
Massachusetts.
Prior to joining the Trust in 2013, Mr. McMahon was the Vice
President of Development in the Northeast Region at Simpson Housing
LLLP, where he oversaw all aspect of the development process. Mr.
McMahon holds a Bachelor of Arts in History from Boston College.
"These promotions further demonstrate the strength of Federal
Realty's deep bench of creative and talented real estate
professionals," commented Don Wood,
Federal Realty's President and Chief Executive Officer. "The
development of our employees continues to be one of our greatest
strengths, fueling our success over the years."
About Federal Realty
Federal Realty is a recognized leader in the ownership,
operation and redevelopment of high-quality retail based properties
located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, our mission is
to deliver long term, sustainable growth through investing in
densely populated, affluent communities where retail demand exceeds
supply. Our expertise includes creating urban, mixed-use
neighborhoods like Santana Row in
San Jose, California, Pike &
Rose in North Bethesda, Maryland
and Assembly Row in Somerville,
Massachusetts. These unique and vibrant environments that
combine shopping, dining, living and working provide a destination
experience valued by their respective communities. Federal Realty's
104 properties include over 2,900 tenants, in approximately 24
million square feet, and over 2,000 residential units.
Federal Realty has paid quarterly dividends to its shareholders
continuously since its founding in 1962, and has increased its
dividend rate for 50 consecutive years, the longest record in the
REIT industry. Federal Realty shares are traded on the NYSE under
the symbol FRT. For additional information about Federal Realty and
its properties, visit www.FederalRealty.com.
Investor
Inquires:
|
Media
Inquiries:
|
Leah
Andress
|
Andrea
Simpson
|
Investor Relations
Associate
|
Vice President,
Marketing
|
301.998.8265
|
617.684.1511
|
landress@federalrealty.com
|
asimpson@federalrealty.com
|
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SOURCE Federal Realty Investment Trust