Trammell Crow Company
By 1970, Crow had developed Trammell Crow Company into a nationwide organization, another innovation in a field that was, at the time, dominated strictly by local builders.
Forbes in 1971 and The Wall Street Journal in 1986 called Crow the largest landlord in the United States. The Journal said the company he founded was then the largest developer in the nation.
Crow once had interests in nearly 300,000,000 square feet (28,000,000 m2) of developed real estate, comprising eight thousand properties in more than one hundred cities. Crow's holdings were said to be much larger than those of the better-known William Zeckendorf and Donald Trump and include hotels, hospitals, residential developments, and — just as in the early days of the company — warehouses. The Austin Business Journal said in its profile of TCC, "When compared to Trammell Crow, other real estate companies are for the birds." Yahoo! Finance, in an oddly similar metaphor, said in its company profile: "It takes a tough bird to succeed in the real estate business, and Trammell Crow Company is one of the cocks of the walk." Calling the organization "one of the top diversified real estate management companies in the US," the profile estimates that the company manages nearly 550,000,000 square feet (51,000,000 m2) of warehouse, service center, and retail space in the United States and Canada.
As of June, 2007, the company was set to grow even further with the scheduled $60 million purchase of the HealthSouth headquarters building in Birmingham, Alabama.
The Trammell Crow Company was privately held until 1997, when it went public on the New York Stock Exchange (NYSE) under the symbol TCC. In 2006, the firm was sold to CB Richard Ellis group (NYSE:CBG) for approximately $2.2 billion.
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