Business Services Industry

The Charlotte Observer, N.C., Doug Smith Column.

Knight Ridder/Tribune Business News, April, 2003

By Doug Smith, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News

Apr. 16--TRAMMELL CROW GROWS AS OTHERS DOWNSIZE: The name Trammell Crow has been a part of the Charlotte real estate scene since the Dallas-based company's founder and namesake opened an office here 25 years ago.

Its development expertise helped launch office parks, warehouses and skyscrapers, including uptown's second and third tallest buildings: the 46-story Hearst Tower and 42-story One Wachovia Center.

The real estate industry boomed in the 1980s, and Crow grew to become the nation's largest real estate developer.

But like many companies that saw construction projects dry up during the early 1990s recession, it began providing clients with...

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