TCC 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) 2021 list of U.S. development firms for the eighth year in a row. High Street Residential, TCC’s residential subsidiary, ranked #5 on sister publication Multi-Housing News’ (MHN) 2021 list of top multifamily development firms.
From 2018 through 2020, TCC completed 34,371,102 square feet worth of development projects in the sectors including office, industrial, mixed-use, hospitality, and health care, which includes life sciences. TCC currently has 66,029,966 square feet worth of new projects under construction.
High Street Residential developed 4,535 multifamily units between 2018 and 2020, with 11,002 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 has continued to grow significantly in the past year, which is due in part to our guiding strategy of building the best projects in the best submarkets across the U.S., and now internationally as well,” said Mike Lafitte, CEO of Trammell Crow Company. “We are grateful to our 650+ team members for their incredible dedication to our company and clients, to our various debt and equity partners for their partnership, and to CBRE for their ongoing support of the TCC business.”
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is a global commercial real estate developer having developed or acquired 2,800 buildings valued at nearly $70 billion and over 625 million square feet. As of March 31, 2022, TCC had $19.8 billion of projects in process and $10.1 billion in its pipeline. It employs 700 professionals throughout the United States and Europe.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 26 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial, 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 Dallas, and the world’s largest commercial real estate services and investment firm (based on 2021 revenue). For more information visit www.TrammellCrow.com.
