Trammell Crow Company (TCC), a global commercial real estate developer, is continuing the expansion of its North Carolina operations and its commitment to Charlotte with the hiring of Tom Burr as Senior Vice President.
In this role, Tom Burr will be responsible for sourcing and executing multifamily development opportunities in the Charlotte market for TCC’s residential subsidiary, High Street Residential (HSR).
“Tom is a talented developer with a proven track record of originating and developing profitable multifamily projects throughout North Carolina and Virginia,” said Campbell Smith, Market Leader and Senior Managing Director for TCC’s MidAtlantic operations. “With the addition of Tom, we now have senior leaders in the multifamily and industrial sectors in both Charlotte and Raleigh, and we are poised to accomplish our goal of re-establishing TCC as a leading developer in North Carolina.”
Josh Dix, Principal, who has led HSR’s multifamily business in North Carolina since TCC established its Raleigh office in 2021, added, “Beginning with the recently delivered 400H mixed-use tower in downtown Raleigh, we are building a strong pipeline of multifamily and mixed-use projects across the state. Having Tom based in our new Charlotte office will allow our team to cover even more ground and identify the best development opportunities across two of the fastest-growing multifamily markets in the country.”
Prior to re-entering the North Carolina market in 2021, TCC had developed, acquired or invested in nearly seven million square feet of space across 67 projects in the state between 1974 and 2013. This activity includes some of Charlotte’s most iconic buildings, such as Hearst Tower and Truist Center.
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of March 31, 2024, TCC had $18.8 billion of projects in process and $12.8 billion in its pipeline. It employs 650 professionals in 26 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential.