Federal Realty opens New York regional office, Brennan named director of development

Huntington, NY Federal Realty Investment Trust has opened its New York regional office. The trust will manage development, leasing, property management and asset management for the nine properties Federal Realty owns in the area and source new deals in the tri-state area. Mark Brennan will join the company as director of development, based at the new office.

“This new office clearly demonstrates Federal Realty’s continued commitment to the dreater New York market,” said Bryan Furze, vice president of asset management for the northeast. “Mark’s expertise and local experience will provide significant leadership as we unlock the value of our existing properties and aim to grow the Federal Realty portfolio in the New York metro area.”

Brennan comes to Federal Realty from Blumenfeld Development Group,with in-depth knowledge of acquisitions, development, asset management, financing, joint ventures, leasing, entitlements, design/construction, and financial analysis. He has significant experience with large-scale mixed-use urban real estate developments, retail, hospitality, acquisitions, joint venture structures, due diligence, leasing, planning, construction, design, asset management, entitlements, financing, and financial analysis. He is an active member of the International Council of Shopping Centers (ICSC).

Federal Realty’s New York properties are currently concentrated on Long Island and provide important conveniences and shopping options to communities. Area properties include Fresh Meadows in Queens; the Melville Mall, Greenlawn Plaza, Huntington Shopping Center and Huntington Square in Huntington; and Hauppauge Shopping Center in Hauppauge.