Prologis Inc., a real estate investment trust that invests in logistics facilities, said Thursday that it promoted Read Mortimer to senior vice president, investment officer, for the New Jersey market. Mortimer will oversee all capital deployment activities in the region.
Prologis said over the course of his 18-year career in real estate that Mortimer developed expertise in acquisitions, debt originations, and portfolio management. The San Francisco-based company said Mortimer has been involved in more than $5.5 billion of real estate transactions, including over 32.5 million square feet of commercial properties.
Mortimer joined Prologis in July 2022 as an investment officer in Lehigh Valley responsible for capital deployment in Pennsylvania. He managed complex entitlements, building and land acquisitions, and supporting multiple markets.
“Prologis’ state-of-the-art facilities are the gold standard for clients across the region, bringing important jobs, investment and economic activity to New Jersey and beyond,” said Mortimer. “I’m particularly excited to continue our track record of responsible and sustainable development that represents the future of our industry.”
Before joining Prologis, Mortimer was a senior vice president with Rubenstein Partners, where he was responsible for new acquisitions, loan originations and asset management in various markets, overseeing equity capital raising and formation, and served as a member of the investment committee. Prior to that, he also worked at Starwood Capital Group as a vice president and held positions at TA Realty, Mesa West Capital, Overton Moore Properties, and worked as a real estate attorney with King & Spalding.
