TCC Appoints Hargreaves to Development Director in UK
September 29, 2022
Trammell Crow Company (TCC), a leading global developer and investor in commercial real estate, has expanded its UK industrial and logistics team through the appointment of Jamie Hargreaves as its second development director in the country, reflecting the international firm’s appetite for acquiring new sites.
Working alongside existing UK development director Matt Jones and reporting to head of UK logistics Mike Forster, Jamie will be responsible for identifying and securing commercial development sites, demonstrating the viability and target returns for investment partners. TCC has acquired three sites in the UK since launching in the country in 2021, in Sheffield, Milton Keynes and Heywood near Manchester, with construction having begun on the first two and a speculative pipeline of around 1.2m sq ft. The firm also has two sites in Germany, three in Spain, and one in the Czech Republic so far.
Before joining TCC, Jamie was a land acquisition manager at Microsoft, where he focused on sourcing and transacting freehold land of up to 70 acres for data centre development across EMEA. Before joining Microsoft, Jamie spent nearly seven years with CBRE’s industrial agency department where he specialised in the acquisition and disposal of industrial and logistics properties in London and the south east of England.
Jamie Hargreaves, UK Development Director at Trammell Crow Company, said: “Having only launched in the UK last year, it is a testament to the energy and talent of the team that Trammell Crow Company has already acquired three sites in the UK. With the fundamentals behind the UK logistics market remaining compelling, I’m excited to be joining such an ambitious firm.”
Mike Forster, Head of UK Logistics at Trammell Crow Company, said: “Through his experience at Microsoft and in agency, Jamie has an excellent network that enables him to source opportunities before they’ve even hit the market. As our UK team grows and we continue to explore acquisition of strategic sites in key areas across the country, his experience naturally complements that of the wider team. Recruiting our second development director in the UK is the clearest possible demonstration that Trammell Crow Company maintains a strong appetite to acquire new sites on which we will develop Grade A logistics assets and that we have the resources to realise these targets.”
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 September 30, 2023, TCC had $15.4 billion of projects in process and $14.5 billion in its pipeline. It employs 650 professionals in 28 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.