CHICAGO, IL – March 2, 2016 - Trammell Crow Company (TCC) announces that Grady Hamilton has been promoted to Managing Director and John Carlson to Principal within the firm’s Midwest Business Unit.
As Managing Director, Grady will continue his role in overseeing the Midwest Business Unit, responsible for the overall performance of the Business Unit, including identifying new development and investment opportunities throughout Chicago, Minneapolis and Detroit. Under his leadership, the office has completed or is currently underway with more than $250 million in development, including 938 apartment units across six luxury market-rate projects, one speculative industrial building, and one value-add industrial acquisition. A 17-year veteran of the commercial real estate industry, Grady joined TCC in 2010 and previously served as a Principal.
“Under his leadership, Grady has successfully built a best-in-class team and led the office in the successful sourcing, shaping and execution of deals that have secured the Midwest Business Unit as one of our top performing offices,” said President of Central Operations and Capital Markets Adam Saphier.
In his new role as Principal, Carlson is responsible for development and acquisition activities throughout the Midwest, including sourcing new opportunities, developing capital relationships, and helping to manage the company’s entitlement, development and repositioning strategies. He joined TCC in 2012 and previously served as a Senior Vice President.
“Johnny has developed an incredible intuition as a deal-maker and sourcer,” added Hamilton. “He has become a day-to-day leader and has proven his ability to create value for our Midwest operations.”
About Trammell Crow Company
Trammell Crow Company (TCC), 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 December 31, 2015, TCC had $6.7 billion of projects in process and $3.6 billion in its pipeline.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 16 major cities throughout the United States. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street 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 specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development, or providing incentive-based fee development services.
TCC 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 2014 revenue). For more information visit www.TrammellCrow.com.