FORT WORTH, TX—Crescent Real Estate Holdings LLC has made several promotions that it says will position the company to develop new commercial real estate opportunities. Currently, Crescent Real Estate is taking advantage of strong markets to develop select office and retail properties in Dallas and Houston.

Joseph Pitchford has been promoted to managing director. Pitchford is responsible for identifying new opportunities to expand Crescent’s development capabilities. These responsibilities include oversight for two new developments, the McKinney & Olive and 6 Houston Center projects in Dallas and Houston, respectively. Since joining Crescent in February 2006, Pitchford has provided significant contributions developing Crescent projects, including The Ritz-Carlton Hotel and Residences in Dallas and 3883 Hughes Center in Las Vegas.

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