CHICAGO-Grady Hamilton, a 13-year commercial real estateveteran, has been selected to lead the local office forDallas-based Trammel Crow Co., a subsidiary of CB Richard Ellis.Grady was promoted to lead the company’s business unit, and will beresponsible for identifying new development and investmentopportunities throughout the Midwest.

Hamilton joined the company from Opus North last year, and hasworked with industrial property and nearly 475 acres of land inChicago, Minneapolis and St. Louis. His task will be to work oncapitalizing on acquisitions throughout the Midwest, as well asbeing ready to pounce on development as soon as space constrainsenough to push new building need.

He’s already working on a high-profile development project inChicago, the proposed one-million-square-foot 301 S. Wacker Dr.tower. The company announced the project in November, thoughthere’s still no tenants signed. “We’re still active in preleasingand raising capital,” Hamilton says. “We have an active list ofsignificant size tenants that legitimize the project, and theavailability of class A trophy space is tightening downtown. It’sjust a matter of time before the trajectory of the market providesus a prospect.”

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 All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.