Furze joins Federal Realty Investment Trust as vice president, asset management

Somerville, MA Bryan Furze has been named vice president, asset management for Federal Realty Investment Trust’s Northeast region. Based in Somerville, Furze will be responsible for the performance of the trust’s Boston and New York core portfolio, comprised of 19 assets representing over 3 million s/f. Furze brings over 15 years of experience in all facets of the retail real estate industry, focusing on the value creation, development and operations of shopping centers and mixed-use properties throughout New England.

Furze was previously vice president, asset management & development at Linear Retail Properties, where he oversaw a portfolio of 20 assets. During his time with Linear, he accomplished the redevelopment of numerous shopping centers and successfully achieved the master planning and assembling of two urban, mixed-use projects in Boston. Prior to Linear, he served as vice president, director of asset management & development at Crosspoint Associates.

He will report directly to Jeffrey Mooallem, senior vice president and managing director, core portfolio.

“We are very happy to welcome Bryan to Federal Realty.  He will work closely with our existing Core team in the Assembly Row office and will be a critical part of our value creation and growth strategy in the Boston and New York markets,” said Mooallem. “Bryan has a diverse background in all aspects of retail asset management, including development, leasing and entitlements, which fits perfectly with what we are trying to accomplish in the Core Division.” 

Furze is a graduate of the University of Notre Dame, where he earned his bachelor of arts in English. He joined the Trust on June 8.

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 96 properties include over 2,800 tenants, in approximately 22 million square feet, and over 1,800 residential units. 

Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 48 consecutive years, the longest record in the REIT industry. Federal Realty shares are traded on the NYSE under the symbol FRT.