Needham, MA – NAIOP Massachusetts recently announced that Federal Realty Investment Trust has been selected to receive its 2016 Distinguished Real Estate Award for achievements in real estate, charitable activities, and community betterment.
“This award is a testament to Federal Realty’s ability to maintain its role as a leader in the ownership, operation, development, and redevelopment of mixed-use real estate, while continuing to strategically adapt over the years to the changing markets,” said David Begelfer, CEO of NAIOP Massachusetts. “In addition, the company continues to promote social and environmental responsibility in their operations and development.”
In conjunction with this award, Federal Realty chose the Somerville Homeless Coalition as the recipient of a charitable donation from NAIOP in their honor. The coalition works with homeless and near-homeless families to find affordable housing solutions. In 2015, over 2,100 people were helped by the organization.
The award will be presented by Goulston & Storrs’ Real Estate Group co-chair, Debbie Horwitz, at NAIOP’s Annual Awards Gala on November 10, at the Westin Waterfront Hotel in Boston.