Federal Realty Appoints Chief Information Officer

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Feb 04, 2015, 04:27 ET

ROCKVILLE, Md., Feb. 4, 2015 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) announced today the appointment of Porter Bellew to Vice President - Chief Information Officer. With over 25 years of experience in information management and strategy, including 10 years in IT leadership and 10 years in technology consulting, Mr. Bellew will lead Federal's information technology team, company-wide, and will oversee the Trust's IT strategy, services and operations from the corporate office in Rockville. Mr. Bellew will report to James Taylor, Federal's Executive Vice President and CFO.

"We are excited to welcome Porter to Federal – he is the right partner to both maintain and build upon our standard of high performance in information technology," said Mr. Taylor. "We look forward to leveraging Porter's expertise across our financial, leasing and operational platforms to deliver scalable, efficient and innovative IT solutions."

Prior to joining Federal, Mr. Bellew served as Chief Information Officer for commercial real estate owner, operator and developer, Washington REIT. Previously, Mr. Bellew worked as Senior IT Director with CarrAmerica Realty and held senior positions as a technology consultant with firms KPMG Consulting/BearingPoint and Apgar & Co. Mr. Bellew holds a Bachelor's degree from the University of Georgia and a Master of Science degree in Accounting from the University of Virginia.

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 89 properties include over 2,400 tenants in approximately 20.1 million square feet of retail space and 1,500 residential units.

Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 47 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.

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