WEST CONSHOHOCKEN, PA – January 28, 2016 – Trammell Crow Company (TCC) announces that Andrew Mele has been promoted to Managing Director. Mele has led the industrial practice for TCC’s Northeast Metro Business Unit since 2006. Since that time, he has entitled and developed more than 7.5 million square feet of industrial projects with a value in excess of $625 million, and is currently working on multiple projects totaling nearly 4.2 million square feet. Mele is also very active in NAIOP Philadelphia and New Jersey.
“Andrew is regarded as an expert by our capital partners, clients and industry peers,” said
Jeff Goggins, Senior Managing Director for TCC’s NE Metro Business Unit. “In addition, he continues to expand TCC’s market and capital partner relationships and has been a great mentor for young developers within TCC.”
Mr. Mele is responsible for all aspects related to development including: deal sourcing, strategic planning, development execution, financing, leasing and disposition of both speculative and build-to-suit projects.
The NE Metro Business Unit opened in 1985, and has thrived since its inception developing and redeveloping office, industrial, retail, healthcare, multi-family residential and mixed-use projects throughout Pennsylvania, New Jersey, New York, Connecticut, Rhode Island, Ohio and Delaware.
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 nearly 2,600 buildings valued at nearly $60 billion and over 540 million square feet. As of September 30, 2015, TCC had $6.7 billion of projects in process and $4.0 billion in its pipeline.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 16 major cities throughout the United States. 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 its clients’ needs. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development, or providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBG), 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 2014 revenue). For more information visit www.TrammellCrow.com.
