Our team

Jonathan Davis Arzac

Chairperson

Mr. Davis is the chairman of Macquarie Mexican Infrastructure Fund. Since 2009, Mr. Davis has extensive experience and relationships with private and public sector companies and entities in Mexico.

Mr. Davis worked previously as executive director for Mexico and the Dominican Republic at the Inter-American Development Bank (IDB) in Washington D.C., as President of the CNBV (The National Banking and Securities Commission), and as Treasurer of Mexico at the Ministry of Finance and Public Credit. Mr. Davis also serves on various boards of Directors such as CENCOR, The Mexico Fund (listed in the NY stock exchange), and has been appointed a financial expert to the audit committee of Vitro (the largest glass maker company in LATAM).

Mr. Davis currently is the President of the Board of Trustees of the National Autonomous University of Mexico (UNAM).

Mr. Davis earned his Undergraduate Degree in 31 Economics from the National Autonomous University of Mexico (UNAM), where he graduated with honors, he also earned a Masters Degree in Development Economics at the University of Sussex in the United Kingdom.

Nick O'Neil

Director

Mr. O’Neil is a member of the Manager’s committee for Trust 1622 and is the Chairman of the Technical Committee.

Mr O’Neil was previously a Senior Managing Director with Macquarie Group where he held a number of senior roles including leading Macquarie Asset Management’s business in Mexico and Macquarie Asset Management’s expansion in Latin America across infrastructure and real estate. He led the establishment of Macquarie Asset Management’s first fund in Latin America, Macquarie Mexican Infrastructure Fund in 2009, and the establishment of Trust 1622, one of Mexico’s first listed REITs, in 2012.

Mr. O’Neil has extensive alternative asset fund management experience including formation, investment and asset management. Mr. O’Neil holds both a Bachelor of Arts and Bachelor of Laws from Bond University, Australia.

Eric Wurtzebach

Director

Mr. Wurtzebach is Head of Real Estate for Macquarie Asset Management (MAM), driving the investment in and development of thriving workplaces, modern living environments, and optimized supply chains. He is a member of the MAM Executive Committee and sits on the Investment Committee for both Macquarie Real Estate Partners Asia I and Macquarie Real Estate Partners. Previously, he was Head of Americas Real Estate, where he led MAM Real Estate’s principal investment and asset management activities in the Americas, which included partnerships with Logistics Property Company (LPC), Greystar Real Estate Partners, and RHP Properties.

Mr. Wurtzebach more than 30 years of experience in corporate advisory, principal investment, and investment management to his roles with the firm. Since 2013, has advised on transactions for US multifamily across development, core, and value-add strategies for clients and principal investments. He oversaw the expansion of Macquarie’s principal investments in the Americas region, including the launch of LPC’s first two develop-to-core ventures.

Mr. Wurtzebach holds a Bachelor of Science in finance from Trinity University.

Nick O'Neil

Chairman

Mr. O’Neil is a member of the Manager’s committee for Trust 1622 and is the Chairman of the Technical Committee. 

Mr O’Neil was previously a Senior Managing Director with Macquarie Group where he held a number of senior roles including leading Macquarie Asset Management’s business in Mexico and Macquarie Asset Management’s expansion in Latin America across infrastructure and real estate. He led the establishment of Macquarie Asset Management’s first fund in Latin America, Macquarie Mexican Infrastructure Fund in 2009, and the establishment of Trust 1622, one of Mexico’s first listed REITs, in 2012. 

Mr. O’Neil has extensive alternative asset fund management experience including formation, investment and asset management. Mr. O’Neil holds both a Bachelor of Arts and Bachelor of Laws from Bond University, Australia.

Jaime de la Garza

Lead Independent Member

Mr. De la Garza is the former President and Chief Executive Officer of Corporate Properties of the Americas (CPA). Prior to his role as President and CEO, Mr. De la Garza served CPA as its Chief Financial Officer.

During his tenure, from 2003 to 2015, CPA grew from 2.0 million square feet of GLA to 33.0 million square feet of GLA, becoming one of the largest owners of industrial real estate in Mexico. During this period, CPA raised more than US$1.5bn in financing and managed US$1.0bn of equity commitments.

During the last five years, Mr. De la Garza has advised multiple clients on real estate and private equity investments and served on multiple boards both in Mexico and the USA.

Prior to CPA, Mr. De la Garza’s broad experience includes: Finance Director for Latin America with International Water Ltd., Investment officer for the International Finance Corporation (IFC) and Operations Manager with Schlumberger. He has also served as Independent Consultant to institutions such as the North American Development Bank, Hewlett Packard and Alterra Partners, and currently serves on several company boards. Mr. De la Garza holds a B.Sc. in Mechanical and Electrical Engineering with Honors from Tecnológico de Monterrey (ITESM) and an MBA from INSEAD.

Mr. De la Garza is Trust 1622’s lead independent member of the Technical Committee and has been its member since May 2017. In addition to his role on the Trust 1622 Technical Committee, Mr. De la Garza forms part of the Audit Committee (Chair), the Indebtedness Committee and the Ethics and Corporate Governance Committee.

Michael Brennan

Independent Member

Mr. Brennan is a Co-Founder, Chairman, and Managing Principal of Brennan Investment Group, a private investment firm with nearly US$6.5 billion of industrial real estate assets. Mr. Brennan has orchestrated more than US$14.0 billion in industrial real estate transactions in the course of his 34-year career. Prior to forming Brennan Investment Group, Mr. Brennan co-founded First Industrial Realty Trust (NYSE: FR) in 1994, and served as President, Chief Executive Officer and a member of the Board of Directors until late 2008.

Before co-founding First Industrial, Mr. Brennan was a President and Partner in The Shidler Group, a nationally prominent real estate firm specializing in value-add real estate transactions. He is a former member of the Board of Directors for Pacific Office Properties (AMEX: PCE), an office REIT that owns institutional quality properties in Honolulu, California, and Arizona. He began his industrial real estate career in 1984, as an Investment Specialist with CB Commercial.

Mr. Brennan earned his Bachelor’s degree in Finance from the University of Notre Dame in 1979. Mr. Brennan currently serves as Executive Director of the University of Wisconsin’s James A. Graaskamp Center for Real Estate, a program ranked as the #1 real estate program in the United States.

Mr. Brennan has been a member of the Trust 1622 Technical Committee since May 2018. In addition to their role on the Trust 1622 Technical Committee, Mr. Brennan forms part of the Audit Committee and the Indebtedness Committee (Chair).

Sara Neff

Independent Member

Ms. Neff is the Partner/General Manager for Sustainability and ESG on the Microsoft Cloud Operations and Innovation team, where she is helping its data center fleet meet Microsoft's ambitious goals of achieving carbon negative, water positive, zero waste, and the protection of more land than it uses.

Prior to that, she served as Head of Sustainability for the Americas for Lendlease. In both 2022 and 2023, under her leadership Lendlease earned the top residential score in the Americas on GRESB and multiple green leasing awards from the Institute for Market Transformation. Previously, she served as Senior Vice President, Sustainability at Kilroy, where she helped the company achieve carbon neutral operations in 2020. Ms. Neff serves on Urban Land Institute (ULI) Americas Executive Committee and the Dynamo Energy Hub Advisory Board.

She has been named a Los Angeles Woman of Influence by the Los Angeles Business Journal, a 40 under 40 awardee by ULI, a Los Angeles Power Woman in Real Estate by Bisnow, a Women in Sustainability Leader by Green Building & Design magazine, a Woman of Influence by Globe St Real Estate Forum, a Best in Building Health awardee by the Center for Active Design, and was the recipient of NAREIT’s 2020 Leader in the Light Leadership Personified award, an award that recognizes achievement in sustainability. She is a LEED Fellow and holds a BS from Stanford and an MBA from Columbia Business School.

Ms. Neff has been a member of the Trust 1622 Technical Committee since June 2021. In addition to their role on the Trust 1622 Technical Committee, Ms. Neff forms part of the Ethics and Corporate Governance Committee (Chair) and the Indebtedness Committee.

Jorge Avalos Carpiteyro

Non-Independent Member

Mr. Avalos is Co-Founder and Chief Executive Officer of Fibra Mty. He is also a shareholder and Chairman of the Board of Escala Administración Profesional de Proyectos, a project management company founded in 1990 focused on the Mexican real estate sector. In addition, he is a shareholder and co-founder of Forandra Capital, an alternative investment fund focused on co-investments with activist funds in the United States, and serves as President of the Mexican Association of Real Estate Investment Trusts (AMEFIBRA). He has also served on the boards of several public and private companies.

Mr. Avalos has more than 30 years of experience in the financial and business sectors in Mexico.

Mr. Avalos holds a Bachelor’s degree in Accounting from Instituto Tecnológico Autónomo de México (ITAM), an MBA from the University of Dallas, and has completed executive programs at Instituto Panamericano de Alta Dirección de Empresa (IPADE), Singularity University, and Harvard University.

Javier Llaca García

Non-Independent Member

Mr. Llaca is Co-Founder and Chief Operating and Acquisitions Officer of Fibra Mty. Prior to co-founding Fibra Mty in 2013, he spent 14 years at Jones Lang LaSalle, now JLL, where he held several positions, including Executive Vice President, following more than eight years at CB Commercial, now CBRE.

Mr. Llaca has more than 30 years of experience in the real estate industry, with extensive experience across the office, retail, industrial, and mixed-use sectors, including planning, structuring, development, leasing, and operations. He currently serves on the boards of the American Chamber of Commerce and Invest Mty and previously served as Chairman of the Urban Land Institute Mexico from 2016 to 2018.

Mr. Llaca studied Electronics and Communications Engineering at Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) and completed a diploma in corporate finance at ITESM.

Jaime Martínez Trigueros

Non-Independent Member

Mr. Martínez is Co-Founder and Chief Financial Officer of Fibra Mty. Prior to co-founding Fibra Mty in 2013, he held several senior positions at Vector Casa de Bolsa, including Head of Asset Management, Head of Planning, and Head of Private Banking.

Mr. Martínez has more than 30 years of experience in the financial and capital markets, with extensive experience in asset management, investor relations, investment product development, and regulatory and structuring matters.

Mr. Martínez studied Economics at Instituto Tecnológico Autónomo de México (ITAM) and completed the D1 senior management program at Instituto Panamericano de Alta Dirección de Empresa (IPADE).