Archstone Taps Highly-Respected National Developer to Fill EVP Post

Samuel Fuller to oversee development pipeline in the Northeast

NEW YORK--(BUSINESS WIRE)--Archstone, a leader in apartment investment and operations, today announced that it has appointed Samuel Fuller to executive vice president of investments for the Northeast Region.

“We are committed to attracting and retaining the best people and developers in the country”

Mr. Fuller, who most recently founded Fuller Development LLC, assumes responsibility for all of the company’s development activities in New York and Boston. Archstone’s Northeast development pipeline currently represents a total expected investment of greater than $210 million.

“We are committed to attracting and retaining the best people and developers in the country,” said Neil Brown, Archstone’s chief development officer. “The addition of Sam into this important role will further improve our platform and our Northeast Region development efforts.”

Mr. Fuller brings more than 24 years of real estate experience, having held the senior leadership position at AvalonBay Communities, Inc., where he was the executive vice president and national head of development and construction. Prior to that, he was a partner at Trammell Crow Residential. During his career, Mr. Fuller has led the development or redevelopment of more than 40,000 apartment units, valued at greater than $11 billion.

Mr. Fuller holds a Master in Business Administration from the Harvard Business School and a Bachelor of Mechanical Engineering from the University of New Hampshire.

About Archstone

Archstone is one of the largest owners of high-quality apartment communities in the United States and is focused primarily on the acquisition, development, redevelopment, operation and management of apartment communities in select supply-constrained, coastal markets. The company's portfolio is concentrated in many of the most desirable neighborhoods within the metropolitan areas of Washington, D.C., Southern California, the San Francisco Bay Area, New York City, Boston, Seattle and Southeast Florida. Archstone strives to provide great apartment rentals and great service to its customers—backed by service guarantees. As of March 31, 2012, the company owned or had an ownership interest in 181 communities in the United States with 59,419 units that were operating or under construction. In addition to its U.S. portfolio, the company also has a European operating platform through which it owns and manages apartment properties in Germany.