Business Notes: Federal Realty Hires New Executive to Focus on Pike & Rose

Plus: Marriott announces executive leadership change; Orthology to open in Bethesda

December 8, 2015 1:57 p.m.

Federal Realty brings in Forest City executive to oversee Pike & Rose development

It appears Federal Realty has found a replacement for Evan Goldman, the executive for the Rockville-based developer who played an integral role in shaping the White Flint Sector Plan and overseeing the development of Pike & Rose in North Bethesda before leaving the company in October.

Federal Realty announced earlier this month it has hired Ramsey D. Meiser for the newly created position of senior vice president, mixed-use development. In this role, Meiser will manage Federal’s multibillion dollar mixed-use development projects in the mid-Atlantic region with an initial focus on Pike & Rose, according to the company.

Meiser joined Federal Realty after working for the past decade at Forest City Enterprises, where he helped manage The Yards project near Nationals Park in Washington, D.C.—a $2 billion mixed-use development measuring 6 million square feet. The development currently includes a river boardwalk, a dozen restaurants and an under-construction 327-unit apartment building.

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“I couldn’t be more excited to have attracted such an experienced, well-respected mixed-use development executive to our team,” Don Briggs, Federal Realty’s executive vice president of development, said in a statement.

Goldman took a position with Bethesda-based developer EYA after leaving Federal Realty.

Last month, Pike & Rose opened a new 560-space parking garage that is part of the second phase of the mixed-use project. Once completed, Phase Two will include a new hotel, condominiums, a Carluccio’s Italian Market and a beer garden concept from the Neighborhood Restaurant Group.

Marriott’s Chief Financial Officer to retire

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Marriott International will say goodbye to its CFO at the end of the year.

Carl Berquist, 64, who has been the Bethesda-based hotel company’s CFO since 2009, will retire Dec. 31 and be replaced by Leeny Kelly Oberg, the current CFO for The Ritz-Carlton Hotel Co., a Marriott subsidiary. The company announced the news Monday.

Berquist came to Marriot in 2001 after a 28-year stint at the accounting firm Arthur Andersen and rose to become CFO. During his tenure, Marriott acquired Gaylord Hotels, Protea Hotels and Delta Hotels and Resort. He led the spin-off of Marriott’s time-share business in 2011, according to the company.

“His dedication and loyalty have been instrumental to our success,” Marriott CEO Arne Sorenson said in a statement.

Before becoming CFO at Ritz-Carlton, Oberg worked as the company’s senior vice president of corporate and development finance. In that position she evaluated merger and acquisition opportunities as well as new hotel projects.

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Photo: Carl Berquist, via Marriott

Orthology to open in Bethesda

A back pain and physical therapy center—Orthology—will open a new facility on Bethesda Avenue later this month. The company has been expanding its operations since first opening in Minneapolis in 2014. It now has 12 locations in Minneapolis, New York and Maryland. The company’s facilities specialize in treating chronic pain from injuries or orthopedic surgeries. Orthology plans to open its Bethesda facility at 4825 Bethesda Ave. on Dec. 14, according to a press release.

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