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CHICAGO-Four executives at Equity Office Properties Trust, three of them under 40, have received promotions. “We are broadening the scope of our lead investment and operations positions to tap the expertise that members of our senior management team have developed,” says President and CEO Tim Callahan.

Richard D. Kincaid, 39, moves up to chief operating officer from and chief financial officer for the largest office building owner and manager in the US. He will continue as interim CFO while an outside search firm finds his replacement in that role. Kincaid, who replaces 54-year-old Michael A. Steele as COO, has completed more than $20 billion in capital market transactions since joining San Zell’s Equity Group Investments, Inc., the predecessor to Equity Office in 1990.

Steele becomes executive vice president — strategic customer solutions, working with companies with multiple locations within Equity Office’s portfolio. While Kincaid takes over as COO, he already was the third-ranking Equity Office official behind Callahan and Chairman Samuel Zell.

David A. Helfand, 37, becomes chief investment officer, moving up from executive vice president – business development. In his previous role, he oversaw mergers and acquisitions, which recently included the hook-up with Speiker Properties, which expanded the REIT’s portfolio to 125 million sf. The former president and CEO of Manufactured Home Communities, Inc., also oversaw the merger with Cornerstone Properties.

Christopher P. Mundy, 39, becomes executive vice president strategic planning, a bump up from senior vice president — strategic planning. Likewise, Peter H. Adams, 54, becomes executive vice president – operations, a promotion from senior vice president – operations. Their roles overseeing portfolio management, national real estate services and marketing have been expanded.

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