WAM Development Group

WAM Development Group

July 15, 2014 09:00 ET

WAM Development Group Announces Opening of Toronto Office With New Senior Vice President

Strategic Hire to Lead Company's Retail Division

TORONTO, ONTARIO and EDMONTON, ALBERTA--(Marketwired - July 15, 2014) - WAM Development Group (WAM), a North American leader in commercial real estate development, announced today the official opening of the company's Toronto office. With this opening, WAM made a key hire with Stefan Savelli as Senior Vice President, Retail. Savelli will be responsible for overseeing WAM's retail division.

"Stefan's years of experience in leasing and re-zoning will be a huge asset to our team," says Darren Durstling, President and CEO of WAM Development Group. "We're confident in his abilities to successfully take over and grow our complete retail portfolio."

Savelli has over 20 years of real estate development experience, including securing anchor tenants and investment analysis. In his new role as Senior Vice President, Retail, Savelli will be responsible for overseeing the successful performance of the overall retail team and identifying new development opportunities.

"I'm very excited about the opportunity to lead WAM's retail division," says Savelli. "WAM has a strong reputation in the marketplace. Their strength is execution and accountability. With my experience in urban intensification and tenant recruitment, this fits well with WAM's direction for greater mixed used projects. I believe this is the right company for me."

About WAM Development Group

Established in 1987, WAM Development Group is committed to the business of real estate, with emphasis on the acquisition, leasing, management, development and sale of quality commercial and retail properties. For more than 20 years, the WAM Development Group has been pursuing real estate opportunities throughout Western Canada and the Southern United States. The WAM Development Group is headquartered in Edmonton, Alberta, Canada. For more information, please visit www.wamdevelopment.com.

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