Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers and investors, today announced promotions and expanded responsibilities for Adam Nims and Adam Saphier, as the company shifts its operating model from three regions to two, creating expanded Eastern and Western Regions. This change enables TCC to elevate two of its top executives into strategic leadership roles across the country.
Effective April 1, Managing Director Adam Nims will succeed John Stirek as President, Western Region for TCC, which will now include Denver, Seattle, Portland, Northern California, Los Angeles, Newport Beach, Phoenix and Austin, previously part of the former Central Region. At that time, Stirek will assume a new role focused on serving and growing TCC’s major national occupier clients. In this role, he will pursue opportunistic expansion with select national corporate clients. Nims will continue as interim leader of TCC’s Austin Business Unit.
Effective July 1, TCC will expand its Eastern Region to include the former Central Region BUs of Dallas, Houston, Chicago and Atlanta, and the current Eastern Region BUs of MidAtlantic, NE Metro, Kansas City and Boston. Adam Saphier, the current president of the Central Region, will assume added responsibility and succeed Chris Roth as President of the expanded Eastern Region. After an impressive 41-year career with TCC, Roth will retire at the end of June.
“At Trammell Crow Company, thoughtful succession planning and promoting internal talent are strategic focus areas,” said Matt Khourie, CEO of TCC. “We carefully planned for these changes and are excited about continuing to see our firm perform at a market-leading level. Our growing talent base supports these changes, and will help TCC continue to deliver optimal performance for our clients and capital partners. I know Adam, John and Adam will flourish in their new roles and I am incredibly grateful to the dedication and leadership Chris has given TCC over the past four decades.”
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2019, TCC had $10.9 billion of projects in process and $3.5 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. The company serves users of and investors in office, industrial, retail, 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. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2018 revenue).