Leadership Changes at FIBRA Prologis: Technical Committee Update

Author: Olivia Taylor Updated: 07-09-2025 01:11 PM

Leadership Transformation at FIBRA Prologis

FIBRA Prologis (BMV: FIBRAPL 14), a prominent player in the Class-A industrial real estate sector in Mexico, has recently announced an update regarding its Technical Committee. This change reflects the company’s commitment to excellence and strategic growth within the industry. Nick Kittredge, who serves as the President for the East Region at Prologis, will join as a non-independent member. Edward S. Nekritz, who has contributed significantly as a non-independent member, will be concluding his service.

Composition of the Technical Committee

The Technical Committee is a vital component of FIBRA Prologis, consisting of five non-independent members and six independent members. The current members work collaboratively to guide the strategic vision and operational practices of the company. Here’s a look at the current composition of the committee:

Independent Members

- Alberto Saavedra

- Miguel Alvarez del Rio

- Monica Flores

- Carlos Elizondo

- Gonzalo Portilla

- Katia Eschenbach

Non-Independent Members

- Armando Fregozo

- Deborah Briones

- Carter Andrus

- Joseph Ghazal

- Nick Kittredge

The addition of Kittredge is expected to bring valuable experience and insights, further enhancing the Technical Committee’s effectiveness.

CEO's Insights on Changes

Héctor Ibarzabal, the CEO of FIBRA Prologis, expressed his enthusiasm for this new direction within the Technical Committee. He stated, 'We welcome Nick’s experience in operational excellence and strategic vision to our Technical Committee. I also want to express my deep gratitude to Ed Nekritz for his valuable contributions and guidance, which have significantly shaped our strategic direction since the inception of our committee.'

About FIBRA Prologis

FIBRA Prologis stands as a leading entity in the industrial real estate landscape of Mexico. The company’s portfolio, as of the latest reporting period, comprises an impressive total of 507 Investment Properties. Collectively, these properties encompass approximately 87.0 million square feet (8.1 million square meters). The portfolio’s diversity includes 345 logistics and manufacturing facilities across six key industrial markets.

Portfolio Highlights

This extensive portfolio accounts for 65.5 million square feet (6.1 million square meters) of Gross Leasing Area (GLA). Additionally, it features 162 buildings dedicated to non-strategic assets, which span 21.5 million square feet (1.9 million square meters). This robust asset composition not only underscores FIBRA Prologis’ strong market position but also highlights its commitment to delivering exceptional service and performance in the industrial real estate sector.

Frequently Asked Questions

What recent changes occurred in the Technical Committee of FIBRA Prologis?

FIBRA Prologis has announced that Nick Kittredge will join as a non-independent member, while Edward S. Nekritz will conclude his service.

What is the significance of the Technical Committee for FIBRA Prologis?

The Technical Committee plays a crucial role in guiding the strategic vision and operational practices of the company, ensuring effective governance and oversight.

Who are the independent members of the Technical Committee?

The independent members include Alberto Saavedra, Miguel Alvarez del Rio, Monica Flores, Carlos Elizondo, Gonzalo Portilla, and Katia Eschenbach.

How many properties does FIBRA Prologis manage?

As of the latest reports, FIBRA Prologis manages a portfolio of 507 Investment Properties, totaling about 87.0 million square feet.

What are the core markets for FIBRA Prologis?

FIBRA Prologis operates across six key industrial markets in Mexico, focusing on logistics and manufacturing capabilities.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

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