Cabot Properties Enhances Leadership to Capture Logistics Growth
Cabot Properties, a foremost investor and operator of logistics properties, is adjusting its European leadership structure to broaden its operational scope in the attractive logistics property market. The company has appointed Thomas Schellhorn as Vice President, who will oversee asset management for Cabot's operations in Germany and the Netherlands.
Strategic Team Expansion
Schellhorn's responsibilities will encompass overseeing leasing activities and capital improvement programs. He'll report directly to Jed Raymond, Senior Director and Head of Asset Management for the UK and Europe. In conjunction with this change, Justin Harvey, Managing Director and Head of UK and Europe, will be relocating to Cabot’s London office, where he will continue to steer the firm's strategic initiatives and operations across the European landscape.
Insight from Leadership
Franz Colloredo-Mansfeld, Cabot Properties’ Chairman and CEO, revealed the significance of Justin's long-standing contributions over 17 years, especially amid the booming e-commerce sector driving demand for quality industrial assets globally. As part of the company’s strategic shift to increase investments outside the U.S. over a decade ago, Justin has effectively led the team to achieve commendable outcomes in this vital economic space.
Robust Growth in Europe
Since establishing its foothold in Europe, Cabot Properties has acquired over 970,000 square meters of logistics properties across the continent and the U.K., including an impressive addition of nearly 300,000 square meters in just the last two years. The firm's presence in the German logistics market, where it has been active since 2019, is further cemented by the recent opening of a new office in Munich.
Market Opportunities
Cabot Properties sees a bright future for the European logistics landscape. Justin Harvey has emphasized the positive demand trends within this sector. With Germany being a pivotal market in Europe for logistics, Schellhorn’s extensive experience and established relationships within the industry are expected to significantly enhance the firm's competitive edge.
Expertise of Thomas Schellhorn
Joining from Catella Real Estate AG, where he held the position of Senior Asset Manager focusing on logistics properties, Schellhorn has cultivated a diverse portfolio of experiences across leading logistics and facility management firms, including RLI Investors GmbH and Prologis Germany. His academic background in facility management from the University of Applied Sciences Kufstein in Austria complements his role, along with his credentials as a Chartered Facility Management Surveyor with the Royal Institution of Chartered Surveyors (RICS).
Background on Justin Harvey
Justin Harvey has been a vital part of Cabot since 2008. He has held various influential roles within the firm’s investment and finance sectors, bringing a wealth of experience and knowledge. Before his time at Cabot, he gained substantial experience at FLAG Capital Management. His educational qualifications include a Bachelor of Arts degree from Colby College and an MBA from Dartmouth's Tuck School of Business.
About Cabot Properties
Founded in 1986, Cabot Properties is an international private equity real estate firm distinctly focused on the logistics sector. As one of the first firms to grant institutional investors access to this industry, Cabot has invested over $15 billion, catering to more than 4,200 tenants while managing over 1,600 buildings that collectively encompass more than 230 million square feet. Headquartered in Boston, Cabot operates from several key cities including Atlanta, Chicago, Dallas, and London among others.
Frequently Asked Questions
What is the primary focus of Cabot Properties?
Cabot Properties primarily focuses on the logistics real estate sector, targeting high-demand markets in Europe and beyond.
Who has been appointed Vice President of Cabot Properties?
Thomas Schellhorn has been appointed as Vice President to oversee asset management for the operations in Germany and the Netherlands.
How long has Justin Harvey been with Cabot Properties?
Justin Harvey has been with Cabot Properties for 15 years, having joined the firm in 2008.
What recent expansion has Cabot Properties undertaken?
Cabot Properties has expanded its European leadership team to enhance its operational reach in the logistics market.
Where is Cabot Properties headquartered?
Cabot Properties is headquartered in Boston and has several offices across major cities worldwide.
