Dallas, TX

TCC Holds Top Spot in Ranking of U.S. Commercial Development Firms for the Last Decade

November 30, 2023

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Trammell Crow Company (TCC), a global real estate developer, has been ranked as the largest commercial development firm in the U.S. for the 10th consecutive year. Commercial Property Executive (CPE) once again listed the firm in the top spot on its annual list of the largest commercial development firms in the U.S. Since 2014, TCC has held the number one position in CPE’s ranking, based on the amount of square feet completed from 2020-2022, as well as the amount of square feet under construction as of June 30, 2023.

Between 2020 and 2022, TCC delivered over 60 million square feet of property, which is more than 40 million ahead of the closest competitor. At of the end of Q2, the firm had more than 51 million square feet in development across a variety of property sectors, 33 million square feet more than the second-ranked firm.

In addition, High Street Residential (HSR), TCC’s residential subsidiary, was ranked as the fourth largest multifamily developer in the country on sister publication Multi-Housing News’ (MHN) 2023 list of top multifamily development firms. HSR delivered more than 6,100 units between 2020 and 2022 and had more than 13,300 units under construction as of the close of Q2.

“Ten years as the largest U.S. development firm is an incredible accomplishment for Trammell Crow Company and CBRE and is something that we are all deeply proud to add to our impressive list of awards and accomplishments,” shared Danny Queenan, CEO of CBRE’s Real Estate Investments business segment, which oversees TCC’s operations. “This recognition is a testament to the TCC team members that continue to support and deliver world-class projects in each of markets throughout the country, and globally as well. This is a great way to close out the year and we look forward to a strong 2024.”

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 December 31, 2023, TCC had $15.8 billion of projects in process and $13.3 billion in its pipeline. It employs 650 professionals in 26 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.