Dallas-based commercial real estate leader honored for company performance, industry leadership and commitment to corporate responsibility
June 27 2017 – NAIOP, the Commercial Real Estate Development Association, has selected Trammell Crow Company as the 2017 Developer of the Year – the association’s highest honor.
Headquartered in Dallas, Trammell Crow Company (TCC) is a leader in the commercial real estate industry, providing a full range of development and investment services to commercial real estate occupiers and investors for nearly 70 years. TCC is the largest commercial real estate developer in the U.S. with $6.7 billion in active projects in process, and an additional $4.1 billion of projects in the pipeline at the end of 2016.
“We are honored to have our work recognized by the leading real estate industry organization,” said Matt Khourie, chief executive officer of TCC. “We would not be here without our development leadership executives, who are carrying on Mr. Crow’s legacy by developing the best projects on the best sites in the best markets. Thank you to the communities in which we have developed, our investor partners, occupier clients, and most of all, all of team members throughout our 16 offices. We accept this award on behalf of each of you.”
TCC is an independently operated subsidiary of CBRE, the world’s largest commercial real estate services firm. The company pursues environmentally responsible building solutions as a member of the U.S. Green Building Council, and has more than 40 million square feet of sustainable projects in its portfolio.
“NAIOP is honored to present Trammell Crow Company with our Developer of the Year award,” said Thomas J. Bisacquino, NAIOP president and CEO. “Trammell Crow Company is a proven leader in commercial real estate, and the company’s impressive accomplishments, vast portfolio and commitment to sustainability is a testament to their enthusiasm for advancing the industry and properties across the spectrum of commercial real estate.”
About the Award
The 2017 Developer of the Year award will be presented on Thursday, October 12, at NAIOP’s CRE.Converge conference in Chicago. TCC was selected from an impressive slate of nominees and was evaluated by a team of seasoned developers on the following criteria: outstanding quality of projects and services; active support of the industry through NAIOP; financial consistency and stability; ability to adapt to market conditions; and support of the local community.
Since 1979, the Developer of the Year award has been presented to a development company that best exemplifies leadership and innovation. Past recipients include Prologis, Majestic Realty Co., The JBG Companies and CenterPoint Properties, among others.
NAIOP, the Commercial Real Estate Development Association is the leading organization for developers, owners, investors and related professionals in office, industrial, retail and mixed-use real estate. NAIOP provides unparalleled industry networking and education and advocates for effective legislation on behalf of our members. NAIOP advances responsible, sustainable development that creates jobs and benefits the communities in which our members work and live. For more information, visit naiop.org.