Woodruff's appointment sends RB president Terry Hartigan intothe chairman's office. Until now, five-year-old RB Development hasworked within the Bowers organization on company-ownedredevelopment projects. RB plans to do third-party developmentdeals on its own for the first time.

"We want to be a resource for the firm, but not limited to thefirm," Woodruff says in a prepared statement. RB seeks to attractfinancial and development partners on build-to-suit projects, rawland development, income-producing assets, renovations andground-up development projects.

Existing high-profile RB projects are the 260 Peachtree officebuilding and Shadowood Office Park.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.