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Rappaport Appoints Carboni to VP

Will Head Up Portfolio Leasing After Serving As Director of Asset Management for Washington REIT
March 14, 2014
McLean, VA-based real estate services firm Rappaport tapped Steve Carboni as its vice president of portfolio leasing.

In his new role, Carboni will oversee leasing for Rappaport's portfolio comprised of approximately 50 retail properties throughout Washington, D.C., Maryland and Virginia. His responsibilities will involve lease negotiations, planning and developing leasing strategies, assisting with tenant recruitment and work with the executive team on new acquisitions.

A 25-year industry veteran, Carboni previously oversaw a 2.8 million-square-foot, 32-property portfolio composed of greater Washington, D.C. commercial office and medical properties as director of asset management for Washington Real Estate Investment Trust (NYSE: WRE).

In his career, Carboni has organized more than $700 million in acquisitions, with nearly $300 million coming from shopping center and street retail property sales on behalf of Federal Realty Investment Trust (NYSE: FRT). He has also supervised the development of nearly 500,000 square feet of office space.

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