Looks to deep bench of talent to establish next generation of leaders, fueling continued growth

Federal Realty Investment Trust (NYSE: FRT) announced a slate of key promotions for its Northeast team today to support the company’s continued growth in 2019 and beyond. In addition to its flagship, mixed-use neighborhood, Assembly Row, the Northeast team oversees nearly 3.7 million square feet of commercial real estate in this region, including neighborhood and regional shopping centers, and residential, office and retail mixed-use projects in Connecticut, New York and Massachusetts.

“The Northeast team brings strong industry experience combined with extensive regional knowledge to this portfolio,” noted Wendy Seher, executive vice president, Eastern Region for Federal Realty Investment Trust. “As we continue to identify value-enhancing opportunities within the region, these promotions, which are evidence of Federal Realty’s deep bench of talented professionals, will allow us to continue to build on our momentum of long-term, sustainable growth for years to come.”

• Patrick McMahon has been appointed senior vice president, regional development. Mr. McMahon joined Federal Realty in 2013. With nearly 20 years of real estate development experience, he is responsible for the management of the Trust’s development pipeline in the Northeast.
• Liz Ryan is now vice president, regional leasing. Ms. Ryan joined Federal Realty in 2015 and has over 15 years of retail leasing experience. In this role, she leads the leasing and merchandising activities for the Trust’s Northeast and Chicago assets.

• Mark Brennan is now vice president, regional development. Mr. Brennan, who joined the Trust in 2017, has been active in real estate development for over 15 years. In this role, he is responsible for all phases of development for the Trust’s New York assets.
• Brad Dutton is now vice president, regional construction. Mr. Dutton joined Federal Realty in 2015 and has over 20 years of construction experience. In this capacity, he manages all phases of construction for the Trust’s Northeast portfolio.

• Matt Ehrie has been promoted to vice president, regional portfolio manager. Mr. Ehrie joined Federal Realty in 2015 and has over 30 years of asset management experience. In this capacity, he oversees the strategy and performance of the Trust’s Northeast portfolio.

For additional information, please visit the leadership section of our website. 

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, Federal Realty’s mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Its 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 approximately 3,000 tenants, in 24 million square feet, and over 2,600 residential units.

Federal Realty has increased its quarterly dividends to its shareholders for 51 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.FederalRealty.com.