POSTED: Thursday, January 15, 2009 - 10:25am
UPDATED: Thursday, April 8, 2010 - 12:41am
DALLAS (AP) — A spokeswoman says prominent Texas real estate
developer Trammell Crow has died at 94.
Spokeswoman Cynthia Pharr Lee said Thursday that Crow died
Wednesday at a family farm near Tyler in East Texas. The cause of
death wasn't immediately released.
Crow, a one-time accountant with no real estate experience,
built one of the largest real estate development companies, in the
nation, Trammell Crow Co.
Crow's company was sold in 2006 for $1.8 billion to CB Richard
Ellis Group Inc., which was interested in Trammell Crow's list of
blue chip corporate clients, including Exxon Mobil Corp. and Bank
of America. Analysts said big corporations liked doing business
with Trammell Crow because the firm handled both property
management and development of new projects.