TCC And Clarion Partners Complete Construction On Kenswick Airfreight & Logistics Centre Buildings 3 And 4

HOUSTON, TX – November 18, 2013 Trammell Crow Company, one of the nation’s largest commercial real estate developers and investors, and joint venture partner Clarion Partners, a leading U.S. real estate investment manager, announce they have completed construction on Kenswick AirFreight & LogisticsCentre Buildings 3 and 4, two rear-load, Class A industrial buildings totaling 133,250 square feet. The project is situated near George Bush Intercontinental Airport, adjacent to the first phase of Kenswick AirFreight & LogisticsCentre, which Trammell Crow Company and Clarion Partners completed in 2007.

“We believe that Phase II of Kenswick AirFreight & LogisticsCentre offers the ideal location and design for tenants within the airfreight and logistics industry,” said Jeremy Garner, a Senior Vice President with Trammell Crow Company’s Houston office. “We are confident tenants will be attracted to this one-of-a-kind business park due to its proximity to Houston Bush Intercontinental Airport and access to major highways. Each building is designed to maximize operational and economic efficiency for a wide range of occupants.”

Building 3 comprises 74,880 square feet and includes a fenced truck court and outside storage area totaling 2.65 acres, while Building 4 comprises 58,370 square feet with a 140’ wide truck court. The buildings are situated on a 13-acre parcel and feature 24’ clear heights, ESFR sprinkler systems, extra trailer parking, wide truck courts, ample parking, and separated car and truck traffic. The site provides convenient access to US 59, Beltway 8 and FM 1960, and is located along the future entry into the IAH CargoCenter. The project is suited for companies involved with the forwarding, trucking, brokering, packaging, and crating of air freight, as well as energy related companies.

Kenswick AirFreight & LogisticsCentre is one of several projects under a national industrial development program Trammell Crow Company and Clarion Partners have established that is focused on the development of new Class A, industrial buildings in targeted markets throughout the U.S.

Faron Wiley, First Vice President, and Glynn Mireles, First Vice President, with CBRE’s Houston office have been appointed leasing agents for the project.

About Clarion Partners

Clarion Partners, founded in 1982, is a leading real estate investment management firm with $28.6 billion in total assets under management. The company has approximately 200 institutional clients invested through both comingled fund and separate account formats. The firm is distinguished by a performance-driven approach, organizational stability, and a mandate of accountability to its clients.

More information about the firm is available at www.clarionpartners.com.

About Trammell Crow Company

Trammell Crow Company, founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired nearly 2,600 buildings valued at nearly $60 billion and over 540 million square feet. As of September 30, 2013, Trammell Crow Company had over $5.2 billion of projects in process and $1.6 billion in its pipeline.

Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 15 major cities throughout the United States. The company serves users of and investors in, office, industrial, retail, healthcare, multi-family residential and mixed use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet its clients’ needs. For investor clients, the company offers large strategic joint ventures, opportunity funds, and other targeted investment options.

Trammell Crow Company is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). For more information visit www.TrammellCrow.com.