Trammell Crow Company (TCC) was awarded the 2018 Best Industrial Project Award by D CEO Magazine at its annual Commercial Real Estate Awards dinner held on March 28 at Gilley’s Dallas. TCC accepted the award for its development of 35|Eagle Phase II, a speculative industrial development consisting of three buildings on 106 acres. Phase II includes a 1,089,642-square-foot cross-dock warehouse (Building A), a 312,654-square-foot rear-load warehouse (Building H), and a 233,961-square-foot cross-dock warehouse (Building J).
In December 2013, TCC and partner PGIM Real Estate acquired 316 acres in the Alliance submarket north of Fort Worth to develop the 35|Eagle industrial park. Phase I of the development was completed in 2015 and consisted of two buildings (Buildings B and D) totaling 1,590,374 square feet on 101 acres. Building on the success of Phase I, TCC and PGIM began construction on Phase II of the 35|Eagle in February of 2017.
“This award reflects TCC’s commitment to building first-class, large-scale products in the best locations,” said Jake Marks, Principal with TCC’s Dallas/Fort Worth Business Unit. “The success of 35|Eagle Phase I was a great foundation for the development of Phase II. We are confident that this development will provide tenants modern amenities and efficient access to local highways, intermodals and airports.”
“We are honored to continue working with PGIM Real Estate on 35|Eagle Phase II,” said Scott Krikorian, Senior Managing Director with TCC’s Dallas/Fort Worth Business Unit. “Their commitment to first-class developments makes them an excellent partner and we look forward to delivering another successful project with them.”
The project is located less than a mile away from Alliance Airport, the world’s first 100 percent industrial airport designed for cargo and corporate aviation, and offers efficient ingress and egress along I-35W, as well as north and southbound exits and entrances at Eagle Parkway and I-35W. The project is also located within three miles from the headquarters for the BNSF Railway, the second-largest freight railroad network in North America.
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, 2017, TCC had $6.8 of projects in process and $3.8 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:CBRE), 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 2017 revenue). For more information visit www.TrammellCrow.com.