TCC AND PRINCIPAL HAVE A RICH RELATIONSHIP
WITH 39 PROJECTS TOTALING $3.7B
Trammell Crow Company ("TCC"), founded in 1948, is one of the nation's leading developers and investors in commercial real estate. TCC has developed or acquired 2,800 buildings valued at nearly $70 billion and over 625 million square feet. As of December 31, 2021, Trammell Crow Company had $18.5 billion of projects in process and $9.3 billion in its pipeline. It employs more than 650 professionals in the United States and Europe.
Trammell Crow Company's teams are dedicated to building value for its clients with professionals in 26 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial, 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 the needs of its clients, including build-to-suit and incentive-based fee development services.
TCC is a wholly-owned and independently operated subsidiary of CBRE (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, and the world's largest commercial real estate services and investment firm (based on 2021 revenue). Locally, TCC has been active in the Washington, DC region for more than 50 years. For more information, visit www.TrammellCrow.com.
TCC LIFE SCIENCE EXPERIENCE
Over the last decade, TCC has developed over $3.8 billion of Laboratories, Life Sciences, and Healthcare real estate, totaling more than 15 million square feet. From master planning to development and ownership, our comprehensive and creative lab, life sciences, and healthcare real estate services provide our clients with valuable solutions.
TCC develops purpose-built life science facilities to provide best-in-class space for life science tenants ranging from research and development to contract manufacturing in the markets it serves. Leveraging its understanding of the unique dynamics of a thriving life science ecosystem, Trammell Crow Company's amenity-rich Class A lab and office buildings are designed to provide opportunities for collaboration and to foster discovery and innovation. TCC brings not only the life science specialty but also local market intelligence to work with local authority figures, first-class consultants, and well-endowed general contractors to provide well-executed projects that deliver on time and on budget.
With the ever-changing technological advances in medical research, TCC understands that Life Science is about research, safety, education, and innovative design – this requires maximum adaptability and flexibility. Trammell Crow Company is an established leader in executing design techniques aimed at minimizing costs and maximizing value so that our partners can always stay ahead of the curve. Seamless communication among our offices and life science experts around the globe benefits each project ensuring our teams are up to date on the most current and ever-changing unique needs of these specialized users.
TCC's Washington, DC office currently has a contractual in-development pipeline of close to 2.0 million square feet, providing potential users with ample flexibility and growth opportunities.
Founded in 1879, Principal (Nasdaq-listed "PFG") was founded with the vision of helping people progress toward financial security.
As of 12/31/2021, Principal held $590 billion in Assets Under Management through Principal's dedicated investment group, Principal Global Investors. Principal Real Estate Investors is the dedicated real estate investment arm of Principal Global Investors, with $105 billion in Real Estate Assets Under Management as of 12/31/2021. Principal Real Estate Investors is a Top-10 Global Real Estate Manager, with over 550 clients from 29 countries worldwide, with investments in all 4 RE investment quadrants – public, private, debt, and equity markets.
Over the past decade, Principal Real Estate Investors has transacted on over $115 billion in real estate equity and debt investments and is recognized globally as a leader in sustainable investing.
