LOS ANGELES, CA – April 5, 2016 - Trammell Crow Company (TCC) announces that three people have been promoted within the firm’s SoCal - Los Angeles Business Unit: Karen Shorr, Alex Valente and Christina Lee.
“Each individual is an important member of our Los Angeles development team,” said Brad Cox, Senior Managing Director for TCC’s SoCal - Los Angeles Business Unit. “Their contribution is an important part of why TCC continues to lead the Los Angeles market in executing complex development and entitlement projects as well as solidifying TCC’s excellent market and capital partner relationships.”
Receiving promotions are:
- Karen Shorr – Senior Vice President
In this role, Karen is responsible for managing office, industrial and residential projects from entitlements and approvals through construction. Karen joined TCC in 2004 and has more than 20 years of experience managing design, construction and the development of more than 2 million square feet of mixed-use commercial real estate projects, representing approximately $200 million. Since 2010, Karen has successfully secured close to 1.7 million square feet in entitlements in Los Angeles County including: the 110,000-square-foot 301 Ocean luxury condominium development in Santa Monica; a 385,000-square-foot, 11-building light industrial campus in the City of La Verne; and a 1.1-million-square-foot, 2-building light industrial project in Compton. She is currently responsible for managing the entitlement process for a 440,000-square-foot, 550-unit multifamily project on eight acres in East Pasadena.
- Alex Valente – Vice President
Alex is responsible for all financial underwriting and market analysis of acquisition opportunities and also manages all equity and debt relationships including preparation of all internal Investment Committee funding and development requests. Property types include office, industrial, multifamily, medical office, vacant land and retail. Alex has focused his time on acquisition opportunities within Greater Los Angeles. Alex has been an integral part of the acquisition and development of LA Plaza Village, a 355-unit, 43,000-square-foot mixed-use public-private partnership in downtown Los Angeles as well as The Brickyard, a 1.1- million -square-foot two-building industrial development in the City of Compton.
- Christina Lee – Vice President
Christina is focused on deal shaping and the execution of new developments through all phases of the development process. She has particular experience with mixed use, multifamily, and office projects. During her TCC tenure, she has managed, entitled, and repositioned projects including 2011 North Soto, 4540 Worth, Pico/Centinela and 6th and Bixel. Currently, she manages the development of LA Plaza Village, a mixed-used project comprised of 355 residential units and 43,000 square feet of commercial in the historic El Pueblo District in Los Angeles. Christina also serves as the point person on the 42-acre Taylor Yard development opportunity along the Los Angeles River. She manages consultants, provides direct interface with city and government officials, and develops project budgets and pro formas.
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 more than 2,600 buildings valued at more than $60 billion and over 565 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 2015 revenue). For more information visit www.TrammellCrow.com.