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.”

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