Transwestern
Headquarters | Houston, Texas |
---|---|
Key people | Robert Duncan, Chairman Larry Heard, CEO Mark Doran, COO Steve Harding, CFO Kurt Emshousen, CAO Tom McNearney, CIO Chip Clarke, President, Americas |
Number of employees | 1,919[1] |
Subsidiaries | Ridge Development Delta Associates |
Website | transwestern |
Transwestern is a privately held real estate firm providing Agency Leasing, Tenant Advisory, Capital Markets, Asset Services and Research to owners of commercial real estate.
History[]
In 1978, the company was founded as a real estate development company.[2]
During the recession of the late 1980s and early 1990s, the company converted into a services business.[2]
Beginning in 1994, the company expanded into the West, Southwest and Midwest regions of the United States.[2]
In 1995, the company acquired Delta Associates, a provider of market research.[3]
In 1998, the company acquired Carey Winston, the largest commercial real estate broker in the Washington, D.C. metropolitan area.[2]
In January 2001, the company brokered a $113 million, 15-year lease for Oblon in Arlington, Virginia.[4]
In January 2011, Transwestern acquired Fort Worth[5]-based NAI Huff Partners.
In September 2013, Transwestern acquired the Boston firm of Richards Barry Joyce & Partners LLC.[6][7]
In January 2014, the company acquired Epic Realty Partners LLC, based in Chicago, Illinois, to grow its industrial business.[8]
In March 2014, the company formed a joint venture with the principals of Chicago-based Ridge Property Trust called Ridge Development to expand its industrial development platform.[9]
In February 2015, Transwestern Strategic Partners, the discretionary investment management arm of the company, acquired a property in Scottsdale, Arizona for $58.5 million.[10]
In March 2017, the company acquired Chicago-based tenant advisory firm Tru Office Advisors.[11]
References[]
- ^ "Transwestern".
- ^ a b c d Haggerty, Maryann (May 20, 1998). "MERGER IN OFFING FOR CAREY WINSTON". The Washington Post.
- ^ Sernovitz, Daniel J. (February 3, 2015). "Exclusive: Delta Associates CEO Greg Leisch stepping down after 35 years of real estate analysis". American City Business Journals.
- ^ "Transwestern exec prefers behind-the-scenes role". The Washington Times. February 26, 2001.
- ^ "FT. WORTH-BASED NAI HUFF PARTNERS MERGES WITH TRANSWESTERN - Transwestern.com". www.transwestern.com. Retrieved 2017-10-25.
- ^ Ross, Casey (September 5, 2013). "Richards Barry Joyce firm is sold". The Boston Globe.
- ^ Pulsinelli, Olivia (September 10, 2013). "Transwestern expands into Boston, eyes Northwest and Latin America". American City Business Journals.
- ^ Greenwood, Giselle (January 16, 2014). "Transwestern buys Chicago firm to grow industrial presence". American City Business Journals.
- ^ "Transwestern Development Co. And Ridge Property Trust Principals Partner To Expand North American Industrial Platform" (Press release). PR Newswire. March 26, 2014.
- ^ Seemeyer, Kristian (February 18, 2015). "Lincoln Towne Center Trades for $59M". GlobeSt.com.
- ^ "TRU Office Advisors acquired by Transwestern". RE Journal. March 22, 2017.
- Real estate companies established in 1978
- Companies based in Houston
- Real estate services companies of the United States