Addition of Seasoned Industry Professional Reflects Firm's Commitment to New York City
NEW YORK, Nov. 22 /PRNewswire-FirstCall/ -- Trammell Crow Company (NYSE: TCC), one of the nation's leading real estate services firms, today announced the appointment of Richard Bernstein as New York Area President, a newly created position. The appointment reflects Trammell Crow Company's commitment to New York City.
Formerly Executive Vice President of CB Richard Ellis, Mr. Bernstein is a seasoned real estate professional with over 15 years of experience advising many of the nation's leading companies in their navigation of New York City's commercial real estate market. In his new role, Mr. Bernstein will be responsible for Transaction Management, Corporate Services, Investment Services, and Portfolio Management of the New York office and will report directly to Joseph A. Callanan, East Coast Regional Director.
Trammell Crow Company provides a comprehensive platform of commercial real estate services, including building management, brokerage, project management, and development and investment services to clients around the world.
"We are delighted with the appointment of Richard Bernstein to lead our New York operation," said Robert E. Sulentic, Chairman and CEO of Trammell Crow Company. "Richard's impeccable reputation, local market insight and commitment to building long-term collaborative relationships with clients make him a natural fit for the needs of our organization both culturally and operationally. We look forward to working with Richard to address the unique real estate advisory needs of New York-based clients on a local, national, and international level."
"I am proud to align with Trammell Crow Company, a paramount organization synonymous with integrity, accountability and commitment," said Mr. Bernstein. "The commercial real estate market, particularly in New York, is undergoing a rapid transformation. Increasingly clients require a single source that can provide flawless execution of the most sophisticated transactions, and match it with exquisite attention to detail, independent of the size or scope of the project. With one of the industry's most comprehensive and integrated service offerings, Trammell Crow Company is solidly positioned to meet these complex needs with precision in each and every market."
The addition of Mr. Bernstein to Trammell Crow Company represents the latest in a series of recent company appointments designed to grow the firm's presence in major metropolitan markets across the United States, including Philadelphia, South Florida, Chicago, and Los Angeles.
"Richard's appointment is the latest example of our commitment to recruiting and retaining seasoned professionals at the top of their game throughout the tri-state area," said Joseph Callanan. "He is a skilled real estate negotiator who is particularly adept at understanding market issues and trends and has the ability to devise creative solutions to complex real estate problems. Richard is an important addition to our team and builds on our other recent appointments of high-caliber industry leaders in key markets throughout the U.S. Each of these strategic placements enables us to continue providing an unmatched level of service, expertise and value for our clients."
About Trammell Crow Company:
Founded in 1948, Trammell Crow Company is one of the largest diversified commercial real estate services companies in the United States. Through its Global Services Group, the company provides building management, brokerage and project management services to both investors in and users of commercial real estate. Development and investment services are provided through the company's Development and Investment Group. In addition to its full service offices located throughout the United States, the company has offices in Canada, Europe, Asia and Latin/South America focused on the delivery of real estate services to corporate customers. The company delivers brokerage services outside the United States through strategic alliances with leading providers -- in Europe and Asia, through Savills, plc, a leading property services company based in the United Kingdom; and in Canada, through JJ Barnicke, a leading Canadian real estate services provider. Trammell Crow Company is traded on the New York Stock Exchange under the ticker symbol "TCC" and is located on the Internet at http://www.trammellcrow.com.
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Trammell Crow Company