Trammell Crow Company, a renowned name in the real estate sector, underwent significant transformations throughout its history, evolving from a leading private operator to becoming a part of one of the world's largest commercial real estate services and investment firms.
A Legacy of Real Estate Leadership
Founded by Trammell Crow, the company established itself as a dominant force in the U.S. real estate market. Its prominence was underscored when, in 1971, Forbes magazine recognized Trammell Crow as the largest private real estate operator in the United States. This early success laid the groundwork for its expansion and future strategic shifts.
Key Milestones in Its Evolution
The journey of Trammell Crow Company saw two major corporate transitions that reshaped its structure and ownership:
Year | Event | Description |
---|---|---|
1971 | Industry Recognition | Named the largest private real estate operator in the U.S. by Forbes. |
1997 | Went Public | The firm transitioned from a privately held entity to a publicly traded company. |
2006 | Acquired by CBRE | Trammell Crow Company was acquired by CBRE (CB Richard Ellis at the time), a global leader in commercial real estate services. |
Following the acquisition, Trammell Crow Company became a wholly-owned subsidiary of CBRE, continuing its legacy as a prominent real estate development and investment firm under the umbrella of the larger global enterprise. This integration allowed Trammell Crow Company to leverage CBRE's extensive network and resources, while maintaining its distinct brand and expertise in real estate development.