ROCKVILLE, Md., June 28, 2016 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) was presented with three prestigious honors by the Alliance for Workplace Excellence (AWE) during AWE's annual awards luncheon held June 10, 2016 in Bethesda, Maryland. The Trust received the 2016 Workplace Excellence Seal of Approval Award, 2016 Health & Wellness Seal of Approval Award and 2016 EcoLeadership Award. 2016 marks the ninth consecutive year Federal Realty has won Workplace Excellence and Health & Wellness awards, and the sixth year it has won the EcoLeadership award.
Federal Realty was among sixty-two award-winning organizations of all sizes and in all industry types from across the United States to be recognized by the Alliance for Workplace Excellence. These exclusive awards highlight businesses that promote professional fulfillment and personal wellness at work, at home, and in the community. All award applicants undergo a rigorous assessment process led by an independent review panel of professors, PhD professionals, and doctoral candidates in business, industrial and organizational psychology and human resources.
"At Federal Realty, we know that our company is what it is today because of our people. They are our greatest assets and we are fiercely proud of them. We are focused on providing a work environment that is supportive of a life in balance and know that it is our employees that shape our future. We are honored to be recognized as one of the top places to work in the Washington, D.C. area for the ninth year in a row," said Debbie Pollack-Berry, SVP and Chief People Officer at Federal Realty.
Among the benefits and programs offered at Federal Realty, employees enjoy free breakfast one day per week, free and ample parking, proximity to retail, bank and METRO facilities, quarterly meetings with executive management, fundraising opportunities, an employee stock purchase program, and incentive programs including tuition reimbursement. Earlier this year an Employee Action Committee was formed to evaluate and prioritize results from an employee engagement survey, with an ultimate goal of identifying ways to drive higher levels of employee engagement, boost innovation, and foster passion throughout the organization.
About The Alliance for Workplace Excellence
The Alliance for Workplace Excellence (AWE) is a 501(c)3 non-profit organization founded in 1999 by Montgomery County, MD and Discovery Communications. Over the past 17 years, AWE has been dedicated to empowering employers to build excellence in the workplace as a means of supporting the quality of life for employees, their families, and the community at-large. AWE is dedicated to increasing the number of excellent workplaces within the business community through education and recognition, as a means to enhance the quality of life of its citizens and empower economic growth. For more information, please visit http://www.excellentworkplace.org/.
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 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. For additional information about Federal Realty and its properties, visit www.FederalRealty.com.
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SOURCE Federal Realty Investment Trust