Federal Realty promotes Jeff Kreshek to executive vice president

Federal Realty Investment Trust (NYSE: FRT) promoted Jeff Kreshek to Executive Vice President, Western Region President & Chief Operating Officer, according to a company press release.

Kreshek joined Federal Realty in 2011 to lead West Coast leasing operations and was promoted to Senior Vice President in 2016. He became West Coast President in 2023 and currently oversees approximately 8 million square feet of retail centers in California and Arizona.

"Jeff's leadership has helped shape the strength and reputation of our West Coast portfolio," said Don Wood, President and Chief Executive Officer. "He brings a rare combination of vision, operational discipline, and trusted relationships across the industry."

The company stated that under Kreshek's direction, the West Coast portfolio has served as a core driver of leasing momentum and operational performance, with 2026 marking what the company describes as a standout year for execution and growth.

Kreshek also serves as an adjunct professor at the University of Southern California, where he teaches Retail Development in the Masters of Real Estate Development program.

Federal Realty operates 104 properties totaling approximately 28.8 million commercial square feet and 2,700 residential units as of December 31, 2025. The company has increased its quarterly dividends for 58 consecutive years and is included in the S&P 500 index.

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