Cabot Properties, a leading global investor, developer, and operator of logistics properties, has expanded its European leadership team to strengthen its presence in the region’s rapidly growing logistics market. The company has announced the appointment of Thomas Schellhorn as Vice President to oversee asset management for operations in Germany and the Netherlands. This strategic move underscores Cabot’s commitment to enhancing its capabilities in key European markets and capitalizing on the increasing demand for high-quality logistics properties.
In his new role, Schellhorn will be responsible for managing leasing activities and implementing capital improvement programs. He will report to Jed Raymond, Senior Director and Head of Asset Management for the UK and Europe. Justin Harvey, Managing Director and Head of UK and Europe, will relocate to the firm’s London office to lead the overall strategy and operations across Europe.
“Justin has been an integral part of our team for the past 17 years, contributing significantly to Cabot’s growth during a transformative period for the logistics sector,” said Franz Colloredo-Mansfeld, Chairman and CEO of Cabot Properties. “With the rise of e-commerce driving robust demand for well-located industrial assets globally, Justin has been instrumental in expanding our investment activity outside the U.S. over the last decade. His leadership has produced impressive results, and his relocation to London positions us to further grow our European footprint.”
Since entering the European market in 2011, Cabot has acquired more than 970,000 square meters of logistics properties across Europe and the UK. In the past two years alone, the company has added nearly 300,000 square meters to its portfolio. Germany, a pivotal logistics market, has been a key focus for Cabot since 2019. The firm’s recent establishment of a Munich office in 2024 further reinforces its commitment to growth in the region.
Justin Harvey highlighted the importance of this strategic expansion, stating, “The European logistics market presents strong opportunities and positive demand tailwinds, making this a critical moment to enhance our team and focus in the region. Germany, as one of Europe’s largest logistics markets, holds immense potential. Thomas’ expertise, experience, and relationships in the sector will provide us with a competitive edge and support our long-term value creation goals for investors.”
Schellhorn brings extensive experience in the logistics real estate sector to his new role at Cabot. Prior to joining the firm, he spent four years at Catella Real Estate AG as a Senior Asset Manager, where he managed logistics properties and advised on acquisitions and sustainability assessments. His career also includes leadership roles at RLI Investors GmbH, Prologis Germany, DIW Instandhaltung Ltd., and the HOCHTIEF Group. Schellhorn holds a degree in facility management from the University of Applied Sciences Kufstein in Austria and is a Chartered Facility Management Surveyor with the Royal Institution of Chartered Surveyors (RICS).
Justin Harvey has been with Cabot Properties since 2008 and has held various leadership roles across the firm’s investment and finance teams. Before taking on his current position overseeing Cabot’s European investment activities, he worked at FLAG Capital Management. Harvey holds a Bachelor of Arts from Colby College and an MBA from Dartmouth’s Tuck School of Business.
Cabot’s expansion of its European leadership team reflects the company’s broader strategy to leverage emerging opportunities in the logistics property market. By bolstering its presence in Germany and the Netherlands, Cabot aims to strengthen its position in Europe’s most dynamic logistics hubs, ensuring the delivery of high-quality assets that meet the evolving needs of tenants and investors.
About Cabot Properties
Founded in 1986, Cabot Properties is a private equity real estate firm specializing in the logistics sector. As one of the pioneers in providing institutional investors access to the industrial property market, Cabot has invested over $15 billion in logistics real estate. The firm has served more than 4,200 tenants and operated over 1,600 buildings, totaling over 230 million square feet. With its headquarters in Boston, Cabot maintains a global presence through offices in Atlanta, Chicago, Dallas, Los Angeles, London, Amsterdam, Sydney, Tokyo, and Munich.
The firm’s commitment to excellence in logistics property investment and operations has established it as a trusted partner in the sector. By continuously expanding its global footprint and enhancing its expertise, Cabot Properties is poised to remain a leader in the logistics real estate market for years to come.
