Use shortcodes in custom metabox using wp_editor?

Figured it out:

$team_information_value = get_post_meta( get_the_ID(), ‘team_information’, true );

    // Checks and displays the retrieved value
    if( !empty( $team_information_value ) ) {
        echo do_shortcode($team_information_value);
    } else {
        echo 'Value Not Fount or Empty';

}

Put the displayed value (in this case $team_information_value) within a do_shortcode();