Prologis, the world's largest logistics real estate owner, said Chief Legal Officer Ed Nekritz and Chief Human Resources Officer Colleen McKeown will retire effective Jan. 1 and be succeeded by two company executives. The real estate investment trust said deputy general counsel Deborah Briones will succeed Nekritz, and human resources Senior Vice President Nathaalie Carey will replace McKeown. McKeown and Nekritz will serve as senior advisers to the company in 2025, Prologis said. The changes are part of the REIT's long-term succession plan, Prologis said. Briones has worked at Prologis for nearly 20 years, joining the company in 2004. In her current role as managing director and deputy general counsel, she oversees the corporate, energy, mobility and Latin America, or LatAm, legal teams and leads government affairs initiatives at the REIT. In her new role as chief legal officer, she will oversee the strategy and execution of all legal aspects of the global business, Prologis said. Carey joined Prologis in 2022, and in her current role leads the company's U.S., LatAm and European Union human resources business operations. She also directs the REIT's global diversity, equity, inclusion and belonging, or DEIB, programs. In her new role as chief HR officer, she will be responsible for the company's human relations strategy and supporting the department's growth.

During his 30 years at Prologis, Nekritz "has had an enormous hand in helping to shape Prologis," which he initially joined as the company's first lawyer and general counsel, the REIT said. "He was one of the Prologis leaders who helped steer the organization through the global financial crisis, putting the company in a position to combine with AMB in 2011 in a transformational merger," Prologis co-founder, Chairman and CEO Hamid Moghadam said in a statement. As for McKeown, her focus on Prologis' culture and talent acquisition has been pivotal as the company grew, Moghadam said. "She also was instrumental in guiding the company and supporting our employees during the challenges of the COVID-19 pandemic," he said.

Lincoln Property Co. has hired former Hines and Chevron executive Keats Ali as chief technology officer. In his new role at Lincoln, Ali oversees all aspects of Lincoln's information technology, including enterprise applications, data architecture and security, the global investment and development firm said. Based in Lincoln's Dallas headquarters, he reports to Chief Financial Officer and Chief Operating Officer Dan Roth. “Digital transformation and effective IT integration are key levers in our growth strategy," and Ali's experience will help the company expand its technology platform, Roth said in a statement. Ali, who has more than 20 years of technology and innovation experience, most recently served as vice president of emerging technologies at Hines, where he applied this knowledge to the commercial real estate industry. Before Hines, he served in various senior roles at Chevron, where he oversaw finance data analytics and IT and human resources digital transformations.

Savills has promoted Rick Schuham, a 33-year veteran of the firm, to CEO of its global occupier services, or GOS, group. Schuham previously served as chairman of GOS North America. In his new role, he will oversee a team of professionals who provide integrated commercial real estate services to companies that occupy space across the globe, Savills said. Schuham, who's based in Denver, will work closely with teams and regional leaders in North America and Europe, the Middle East and Africa and Asia-Pacific regions to strengthen and expand Savills' occupier services platform, the company said. Under Schuham's leadership last year, GOS North America advised clients on portfolios with a combined total of more than 5 billion square feet across more than 28,500 locations. Collaborating with colleagues in North America and overseas, his team won several high-profile portfolio assignments, including recent contracts with Baxter Healthcare, Regal Rexnord and Black & Veatch, Savills said.

JLL has promoted broker Richard Quarles to senior managing director and leader of its Houston industrial agency leasing team. The team of seven brokers that specializes in landlord representation has leased over 8 million square feet and closed more than 110 transactions under Quarles' leadership, JLL said. "His strategic vision and effective leadership skills will be instrumental in driving further growth and expansion for the team and the overall business," the brokerage said. In his new role as senior managing director, Quarles will continue to report to Jeff Venghaus, executive managing director and team leader of JLL Houston’s industrial services group, the company said. "As Houston's industrial real estate market sees unprecedented demand and development," Quarles' appointment as agency leasing lead will help JLL expand its client base and property portfolio, Craig Meyer, president of JLL industrial for the Americas, said in a statement.

The low-income housing tax credit, or LIHTC, syndication group of Greystone has hired Jay Reed, who spent the past eight years at PNC Bank, as an assistant vice president and tax credit underwriter. In his new role at Greystone, a national commercial real estate finance company, Reed is responsible for the underwriting, financial modeling and closing of LIHTC investments, the company said. He reports to Spencer Gordon, vice president and director of credit and underwriting. While at PNC, Reed managed the underwriting process and recommended credit decisions for equity and debt investments in affordable housing investments that qualified for low-income housing tax and historic tax credits. During his time at PNC, Reed was directly involved in the closing of more than $450 million of institutional equity and $275 million in debt products that supported LIHTC developments across the country. “As we prepare to come to market with opportunities for investors, and help developers realize their visions for affordable housing, we are building a team with core strength to help execute on our core values and promises,” Greystone Real Estate Capital Chief Operating Officer Sarah Laubinger said in a statement.