FIBRA Prologis Enhances Leadership with Key Technical Committee Changes
- FIBRA Prologis strengthens its Technical Committee with Nick Kittredge's appointment and Edward S. Nekritz's departure.
- CEO Héctor Ibarzabal highlights Kittredge’s expertise as vital for enhancing decision-making in FIBRA Prologis.
- The company emphasizes transparency and strategic initiatives to leverage its extensive portfolio for future growth.
FIBRA Prologis Strengthens Leadership with Key Technical Committee Changes
On July 9, 2025, FIBRA Prologis, a leading real estate investment trust focused on Class-A industrial properties in Mexico, announces pivotal changes within its Technical Committee. The inclusion of Nick Kittredge, President of Prologis' Eastern region, as a non-independent member marks a significant enhancement to the committee's strategic leadership. At the same time, the departure of Edward S. Nekritz, the former chief legal officer, reflects an evolution in the committee's composition aimed at strengthening operational effectiveness. The Technical Committee now comprises five non-independent members and six independent members, which includes influential figures such as Alberto Saavedra and Armando Fregozo.
CEO Héctor Ibarzabal expresses enthusiasm regarding Kittredge’s operational expertise and strategic vision, which are expected to enrich the committee's decision-making processes. Ibarzabal also acknowledges Nekritz's substantial contributions to the company, recognizing his role in shaping FIBRA Prologis’s strategic direction and long-term success. This transition underscores the company’s commitment to fostering a robust leadership structure that aligns with its growth objectives in the rapidly evolving industrial real estate sector.
FIBRA Prologis boasts an impressive portfolio, as of March 31, 2025, encompassing 507 investment properties totaling 87.0 million square feet. This includes 345 logistics and manufacturing facilities situated in key industrial markets across Mexico, accounting for 65.5 million square feet of Gross Leasing Area (GLA). Additionally, the trust manages 162 buildings with 21.5 million square feet of non-strategic assets in other locations. The recent appointment of Kittredge and the strategic adjustments within the committee are anticipated to enhance the company’s operational capabilities and market positioning, as it navigates future industry challenges.
In conjunction with these leadership changes, FIBRA Prologis reiterates its commitment to transparency regarding future performance, acknowledging various uncertainties that may influence financial outcomes. The company remains focused on leveraging its extensive portfolio to capture emerging market opportunities while enhancing stakeholder value through strategic initiatives and sound governance.
