Rockefeller Group has named Daniel Moore as its next president and CEO, effective April 1.

Moore will assume his new duties after Dan Rashin and Tetsuya Masuda step down as co-presidents and CEOs on March 31. Rashin's decision to retire on that date prompted the regime change, according to a release from the Rockefeller Group.

Japan's Mitsubishi Estate Co., Rockefeller's parent company, will announce a new role within the organization for Masuda closer to the transition date. Both Rashin and Masuda joined Rockefeller in 2013, which for Masuda was his second stint with the company.

Moore joined Rockefeller in 2016 as head of urban development after 16 years at Hines, where his final title was managing director. Rockefeller brought him in to expand its development enterprise into Washington, D.C., which he kicked off with the Boro Tower project.

The office tower in Tysons, a Metro-connected suburb of D.C., will eventually be part of a mixed-use development called The Boro, a joint venture between Rockefeller and The Meridian Group.

Rockefeller Group also owns industrial properties in New Jersey, and last week signed Best Buy to a 725K SF lease to open a distribution facility in a Rockefeller industrial park in Piscataway.