SAUL CENTERS REIT INC (BFS)
Sector: Real Estate
Sector: Real Estate
SAUL CENTERS REIT INC - Executive Compensation
Senior Vice President- Retail Leasing
Executive Compensation
Zachary M. Friedlis serves as Senior Vice President of Retail Leasing at Saul Centers, Inc., a self-managed real estate investment trust (REIT) focused on owning and operating grocery-anchored shopping centers and mixed-use properties primarily in the Washington, D.C. metropolitan area and mid-Atlantic region. With more than 15 years of experience in retail real estate, Friedlis joined Saul Centers in 2015 as Vice President of Retail Leasing, following successful stints at prominent firms including Federal Realty Investment Trust, where he honed his skills in tenant representation and portfolio optimization, and earlier roles at Rosenthal Properties and Wilkes Property Investors. Promoted to Senior Vice President in 2022, Friedlis leads the retail leasing team, overseeing leasing strategies for Saul Centers' 60-property portfolio encompassing over 9 million square feet. His achievements include securing marquee tenants such as Whole Foods, Wegmans, and a diverse array of national and regional retailers, which have driven occupancy rates above 94% and generated substantial rental revenue growth. Friedlis's expertise in navigating market cycles, negotiating complex deals, and fostering long-term tenant relationships has been pivotal in enhancing property values and supporting the company's consistent dividend growth. A graduate of the University of Maryland's James Madison University with a degree in Real Estate Finance, Friedlis is an active member of the International Council of Shopping Centers (ICSC) and frequently contributes to industry panels on retail trends. His strategic vision continues to position Saul Centers as a leader in resilient, community-oriented retail real estate.