Building Magazine


WAM Development Group opens new Toronto office

Commercial real estate development firm WAM Development Group has officially opened the company’s Toronto office, and have 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. Established in 1987, WAM Development Group, headquartered in Edmonton, has been pursuing real estate opportunities throughout Western Canada and the Southern United States.

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