Mitchell N. Schear
Founder of 10Square
Mitchell N. Schear
Founder of 10Square
Washington, District of Columbia
Overview
Work Experience
Board of Regents Facilities Committee Member
2021 - Current
Founder
2017
As the Founder of Ten Square, Mitchell engages in select opportunities to make catalytic, lasting and positive impacts on how we live, work and play. Focusing on the dynamic intersection between technology and traditional brick and mortar, Mitchell advises on investments in start-ups and venture capital funds that are working together to disrupt the real estate paradigm as we known it. Ten Square’s investment partners and advisees include WeWork, Convene, and Revolution, among others.
Executive Partner
2019 - 2023
Camber Creek is the premier early stage fund that invests in PropTech, one of the fastest growing sectors for venture capital and private equity investment. Started in 2011, Camber Creek is the most experienced venture capital firm providing strategic value and capital to operating technology companies focused on the real estate market.
Trustee
2017 - 2020
Mitchell was selected to serve on JBG SMITH’s Board of Trustees based on his 35 years of experience in commercial and residential real estate investement, development and operations, in particular his 14 years of experience and knowledge with respect to the company’s assets. JBG SMITH is the largest, publicly traded, pure-play real estate company focused on the Washington, D.C. market. With a mixed-use portfolio that is diverse and curated, JBG SMITH assets span classes, including urban-infill office, multifamily, and retail.
President
2003 - 2017
Upon Vornado's acquisition of The Kaempfer Company, Mitchell took the helm of Vornado/Charles E. Smith, a division of Vornado Realty Trust. As President of Vornado/Charles E. Smith, Mitchell spearheaded the biggest commercial real estate portfolio in the D.C. region with over 20 million square feet of office, residential, and retail space. The division included over 500 employees, which annually executed leases of over 2 million square feet and produced EBITDA (Earnings before interest, taxes, depreciation, and amortization) of $400M. During his time as President of Vornado/Charles E. Smith, Mitchell established Crystal City as a regional hub for tech and innovation through several projects utilizing the 8 million square feet Vornado owned including a residential concept from WeWork, 1776, Eastern Foundry, SineWave, and a host of other incubators and venture capitalists. During 2016 and 2017, Mitchell was instrumental in strategizing, structuring and completing the 8.4-billion-dollar merger of Vornado/Charles E. Smith with JBG Companies and the subsequent tax-free spinoff of JBG SMITH Properties in July of 2017 to create the largest publicly traded REIT focused on Washington D.C. area assets.
President
1988 - 2003
As President of The Kaempfer Company Mitchell oversaw the firm’s development, leasing, and management activities. Mitchell led the company in the development of some of Washington’s most iconic projects including The Warner, 1999 K Street, 2099 Pennsylvania Avenue, The Bowen Building and the Investment Building. In 2003, Mitchell was instrumental in negotiating the sale of The Kaempfer Company to Vornado Realty Trust where Kaempfer merged with Charles E. Smith Commercial Realty Division to become Vornado/Charles E. Smith. As President, Mitchell led Vornado/Charles E. Smith through a seamless integration, enabling three distinct company cultures to combine into one united force.