--Tenured Executive Brings Extensive Real Estate Experience to Growing Business--
Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers, announces Sam Schaefer has been appointed Senior Vice President and Business Unit leader for the firm’s Boston office. Schaefer will oversee all development and acquisition projects for the Boston team, including sourcing new principal and fee opportunities, financial structuring and the overall day-to-day operations of the office. His team will build a multi-product business in the office, multifamily, life sciences and industrial sectors. Schaefer will report to Adam Saphier, President, Eastern Operations for Trammell Crow Company.
“Sam is a dynamic leader and senior real estate executive with extensive transaction, management and organizational development experience. He has a keen focus on operational excellence and an ability to deliver customer-centric quality products that exceed market standards,” said Saphier. “His experience in working on all sides of a deal, including development, leasing and management, all while building best-in-class teams with a strong culture, are attributes that will enable Sam to position TCC as a premier developer in Boston and the surrounding area.”
Schaefer joins TCC from Hobbs Brook Real Estate, a wholly owned subsidiary of mutual insurance company FM Global, where he served as the President and CEO. He managed 275 employees and oversaw the operation of 7 million square feet of office and life science product in Boston, Atlanta, Chicago and Singapore, with a market value of $1.5 billion.
Prior to Hobbs Brook Real Estate, Schaefer served in several roles at Tishman Speyer during his 18 years with the firm, most recently as the Managing Director, Global Head of Leasing, Corporate Outreach and Property Management. He oversaw Tishman Speyer’s global portfolio, which consisted of 100 million square feet comprising more than 112 assets in 29 markets and eight countries, with an emphasis on business development, managing key corporate client relationships, and multi-market leasing, development and acquisition activity as well as property management, client services and operations.
“I am honored to lead the Boston operations for TCC, a company that honors its deep roots of developing world-class projects with a strong client and community focus,” said Schaefer. “It is exciting to join a company that is well-known for its entrepreneurial spirit, strong brand and values. We have several new projects in the pipeline and have identified strong future opportunities. We look forward to delivering developments that improve the community.”
Schaefer received his Bachelor of Arts from DePauw University. He is an advisory board member of Occupier, a board member of Good Sports, a member of the Waltham Chamber of Commerce and an active contributor to the Boys and Girls Club of Waltham.
About Trammell Crow Company
Trammell Crow Company (TCC) is a leading commercial real estate developer and an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of June 30, 2022, TCC had $19.3 billion of projects in process and $11.5 billion in its pipeline. It employs 700 professionals in 26 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.
