AMB Names EVP of North American Development

SAN FRANCISCO-Locally based AMB Property has hired Eugene Reilly to lead its domestic development activities. Reilly, most recently a partner at Cabot Partners, will be AMB’s executive vice president of North American development.

Reilly will work from AMB’s Boston office starting this week. AMB’s chairman/CEO Hamid Moghadam says Reilly will lead the firm’s effort to ramp up development of “High Throughput Distribution” facilities, the company’s name for industrial properties located near airports, seaports and ground transportation systems in hub and gateway distribution markets.

“This is what I love to do and in the industrial sector I can’t imagine a better place to be,” Reilly tells GlobeSt.com. “They are making a major commitment to build an outstanding development organization.”