TCC Once Again Tops Commercial Property Executive’s List of Top Development Firms; High Street Residential Named a Top Development Firm by Multi-Housing News
Trammell Crow Company (TCC) has once again been named the #1 development firm in the United States. The Dallas-based firm, a subsidiary of CBRE Inc., topped Commercial Property Executive’s (CPE) 2020 list of U.S. development firms for the seventh year in a row. High Street Residential, TCC’s residential subsidiary, ranked #5 on sister publication Multi-Housing News’ (MHN) 2020 list of top multifamily development firms.
From 2017 through 2019, TCC completed 28,508,570 square feet worth of development projects in the sectors including office, industrial, mixed-use retail, hospitality, and health care. TCC currently has 56,238,960 square feet worth of new projects under construction.
High Street Residential developed 3,612 multifamily units between 2017 and 2019, with 10,269 units currently under construction in various key markets across the U.S., including Dallas, Houston, Washington D.C., Philadelphia, Phoenix, and Los Angeles.
“Trammell Crow Company’s continued focus on our strategy of building the best projects in the best locations, combined with the breadth of our business and the dedication displayed by all of our team members enables us to continue to lead the development industry. Credit is also due to our strong roster of equity and debt partners, our tenants and residents, and CBRE for their continued support of our business,” said Matt Khourie, CEO of Trammell Crow Company and High Street Residential.
About High Street Residential
High Street Residential, a wholly-owned operating subsidiary of Trammell Crow Company, specializes in the development of multifamily housing. We have a deep background in urban, infill mixed-use residential development, as well as the redevelopment or repurposing of existing facilities. In the last 15 years, the firm has completed over $1.8 billion in projects with a current pipeline of nearly 3,100 units.
About Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of March 31, 2023, TCC had $17.3 billion of projects in process and $13.1 billion in its pipeline. It employs 700 professionals in 27 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.