Head of Office and Local Industry Expert, Tom Woodworth, To Retire
Trammell Crow Company (TCC), one of the nation’s leading developers and investors in commercial real estate, announces it has promoted Mike Nelson, Craig Dobbs and Mark Netherland to Managing Directors within its Seattle operations. The team previously served as Principals. In addition, Principal Tom Woodworth will retire, effective March 31, 2019, at which time Mike Nelson will also assume the role as Business Unit leader for TCC’s Seattle office.
“Over the past six years, our Seattle office has grown to become one of our highest producing offices, creating first-class projects, all under the leadership of Mike, Craig, Mark and Tom, and the team of experts they have hired to run our operations,” said John Stirek, President of TCC’s Western Operations. “Beyond the financial success, Mark, Craig and Mike are an ideal cultural fit at TCC, serving as mentors to our future developers and sharing their expertise across our network. I am pleased to congratulate the team on their well-deserved promotions. I wish Tom the very best in his retirement and thank him for his many years of friendship and commitment to TCC.”
Nelson, Dobbs and Netherland joined TCC in 2012 and Woodworth in 2013, to re-establish the Company’s Seattle office. Since that time, the team has created strong relationships with the firm’s capital partners and developed more than $615 million of office, medical office and industrial projects, including: Midtown21, First Hill Medical Pavilion, 929 Office Tower, Park 167, Fife I-5 Commerce Park and Des Moines Creek North, all providing exceptional returns for TCC’s valued clients.
In their new roles, Mike, Craig and Mark will continue to focus on investment opportunities as well as office, industrial and multifamily development, through High Street Residential, TCC’s residential subsidiary; throughout the Puget Sound Region.
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 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2020, TCC had $14.8 billion of projects in process and $5.9 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. 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 the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and 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 2019 revenue).
