Headquarters: North Bethesda, MD, United States
CEO: Mr. Donald C. Wood CPA
USD as of April 1, 2022
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 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 106 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,200 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 54 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.
Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
Source: Wikipedia, retrieved on Feb. 18, 2021, 3:52 p.m.
Founder(s): Samuel J. Gorlitz
Joseph S. Vassalluzzo, Chairman Donald C. Wood, CEO & President Daniel Guglielmone, CFO
Revenue: $935 million (2019)
Net income: $345 million (2019)
Total assets: $6.794 billion (2019)
Total equity: $2.636 billion (2019)