Federal Realty Promotes Jeff Kreshek to Executive Vice President

Core Viewpoint - Federal Realty Investment Trust has promoted Jeff Kreshek to Executive Vice President, highlighting the strategic importance of its West Coast portfolio in the company's long-term business strategy [1] Company Overview - Federal Realty is a leader in the ownership, operation, and redevelopment of high-quality retail-based properties, primarily in major coastal markets and select underserved regions [1] - The company was founded in 1962 and aims to deliver long-term, sustainable growth by investing in communities where retail demand exceeds supply [1] - As of December 31, 2025, Federal Realty's portfolio includes 104 properties with approximately 3,700 tenants across 28.8 million commercial square feet and about 2,700 residential units [1] Leadership and Strategy - Jeff Kreshek joined Federal Realty in 2011 and has played a significant role in West Coast leasing, leading to his promotion as West Coast President in 2023 [1] - Under Kreshek's leadership, the West Coast portfolio has become a core engine of leasing momentum and operational performance, marking 2026 as a standout year for growth [1] - Kreshek is recognized in the retail real estate industry and serves as an adjunct professor at the University of Southern California, teaching Retail Development [1] Financial Performance - Federal Realty has increased its quarterly dividends to shareholders for 58 consecutive years, the longest record in the REIT industry [1] - The company is a member of the S&P 500 index and trades on the NYSE under the symbol FRT [1]