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Real Estate CEO Robbed at Gunpoint Calls San Francisco Crime ‘Absolutely Unacceptable’

Hamid Moghadam urges greater safety measures in letter to local officials. 

Hamid Moghadam

Hamid Moghadam

Photographer: Christopher Goodney/Bloomberg

The chief executive of real estate giant Prologis Inc. said he was robbed at gunpoint outside his San Francisco home last month and called on local officials to address crime in the city. 

Hamid Moghadam said in an interview with the San Francisco Business Times that two armed robbers attacked him on June 26, wielding guns and taking his Patek Philippe watch. The incident occurred outside his house in Pacific Heights, a wealthy neighborhood where the likes of Oracle Corp. Chairman Larry Ellison, tech investor Peter Thiel and House Speaker Nancy Pelosi have owned homes.