Prior to joining Federal Realty, Mr. Blocher was vice presidentof capital markets for CRIIMI MAE Inc. He was responsible formanaging the company's institutional investor relationships andstrategically raising capital to fund growth.

Federal Realty is an equity real estate investment trustspecializing in the ownership, management, development andredevelopment of prime retail and urban mixed-use districts. TheTrust's real estate portfolio contains more than 120 propertiesconsisting of community and neighborhood shopping centers, urbanmixed-use main street retail and apartment properties located instrategic metropolitan markets across the United States.

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