Hines has promoted Adam Hines, a grandson of late founder Gerald Hines, to senior managing director, serving as chief of staff in the global investment and development firm's Office of the CEO. Adam Hines' position is a newly created one, and he will report to Co-CEOs Jeff Hines and Laura Hines-Pierce. In his new role, Adam Hines "will focus on advancing several of our high-level strategic priorities, including enhancing Hines' client engagement strategies to position the firm for future growth," said Jeff Hines, who also serves as chairman, in a statement. Adam Hines joined the company in 2017 in its London office to focus on student accommodation and residential acquisitions and moved back to its global headquarters in Houston in 2020. He most recently served as chief growth officer of Hines' investment management platform, where he led the effort to increase the firm's engagement with high-net-worth investors and family offices. "He was instrumental in creating Hines Private Wealth Solutions and recruiting its leader, Paul Ferraro, formerly of Carlyle," the company said.

In February 2022, Hines named Laura Hines-Pierce, a granddaughter of Gerald Hines, to serve as co-CEO alongside her father, Jeff, who at the time had been leading the company for more than 25 years. Adam Hines is Jeff Hines' son and Laura Hines-Pierce's brother. When Hines promoted Laura Hines-Pierce, the company said it was enacting a succession plan that included the expectation that her two brothers, Adam Hines and Matthew Hines, would join her and her father in the office of the CEO at the direction of Jeff Hines. "We expect that Matthew Hines will join the Office of the CEO at Jeff Hines' discretion at the appropriate time," Hines spokesperson Christine Delucchi said Monday in an email.

Avison Young has promoted Mark Seale to serve as the new market leader for its Phoenix region, and he is prepared to grow the operation. In his new role, Seale, who joined Avison Young in Phoenix in 2017 as a principal and director of brokerage services, will serve in an elevated leadership role and focus on talent recruitment and new business development, Avison Young said. He also will continue as a tenant rep for office and industrial users seeking to lease or own real estate. Avison Young has about 15 brokers and 35 total employees in its Phoenix office. “Our goal is to double in size via recruitment of some top talent over the next few years and increase all our brokerage and property management service lines in the office, industrial, retail and multifamily sectors," Seale said in a statement. "As a prime market for growth in the western region, I believe that Phoenix is poised to experience some exciting activity over the coming years as interest rates are expected to decline and investors and tenants alike seek to expand their presence throughout the region.”

Seale replaced former Phoenix market leader David Genovese, who left the brokerage. "We are grateful to David for his contributions to Avison Young as a real estate professional and Market Leader and wish him the best in the next phase of his career," the firm said in an emailed statement. "During his seven years with Avison Young, he played an integral role in growing our footprint in Arizona and we are grateful for his valuable contributions to the firm."

Broker Jeff Parker has returned to CBRE in Norfolk, Virginia, where he started his commercial real estate career. Parker rejoined CBRE as a senior vice president to cover the Hampton Roads area for the brokerage's advisory and transaction services group. He started at the local CBRE affiliate in 2000 before leaving to work for Dollar Tree Stores and a real estate investment trust. He joined Colliers in 2019 and worked there for more than five years before returning to CBRE. During his 24-year career, Parker has completed a wide range of leasing and sales transactions and represented local owners, national tenants and developers and institutional investors. While at Colliers, he played a significant role in the leasing of Summit Pointe, Dollar Tree’s new corporate headquarters town center in Chesapeake, Virginia. "Jeff will be instrumental in growing our portfolio of Hampton Roads area listings,” said Sarah Cooley, senior sales director of CBRE’s mid-Atlantic operations, in a statement.

Privately held real estate firm Shoreham Capital of West Palm Beach, Florida, has hired Josh Orell as vice president of investments. In his new role, Orell will be responsible for the sourcing and execution of real estate investments for the firm, Shoreham said. He also will oversee the firm's portfolio. Orell has more than a decade of experience in real estate. Before he joined Shoreham, Orell served as senior vice president of investments at Camp Eight Capital, an investment platform that made equity investments in multifamily properties. He also has worked at Aimco Apartment Homes, Investcorp and LNR Partners, a subsidiary of Starwood Property Trust. Based on his experience, Orell "will play a pivotal role in driving our growth and success in the years to come," Shoreham managing partner Doug Faron said in a statement.

Thalhimer Realty Partners, or TRP, of Richmond, Virginia, has hired Maritza Pechin as director of development. Before she joined TRP, Pechin served as the head of innovative finance and delivery at the U.S. Department of Transportation’s Build America Bureau. In that position, she helped public entities explore and vet financing options, such as including public-private partnerships to accelerate project delivery. She also previously served as a deputy director at the city of Richmond, where she led the planning and execution of real estate projects, including the Diamond District and City Center redevelopments. In 2022, the city selected RVA Diamond Partners, a group led by Republic Properties Corp., Loop Capital and Thalhimer Realty Partners, an affiliate of Cushman & Wakefield - Thalhimer, as the developer of the Diamond District Project. The project is set to include a new ballpark to replace the current home of the Minor League Richmond Flying Squirrels. Pechin's "experience in community engagement, real estate development, and urban planning makes her an invaluable addition to the Thalhimer Realty Partners team and the Diamond District Project," said Jason Guillot, a principal at Thalhimer Realty, in a statement, “She has a proven track record of delivering complex projects and identifying opportunities that will serve our team well and help expand Thalhimer Realty Partner’s development footprint.”