Trammell Crow has been granted a five-year exclusive option agreement to serve as the master developer for the City of Lauderdale Lakes’ 22-acre Commerce Park Project.
The Community Redevelopment Agency selected TCC from a list of several other candidates and voted unanimously to execute the agreement after negotiations had been completed. The Commerce Park site is located at NW 31st Ave. and Oakland Park Blvd. and can accommodate up to 325,000 square feet of industrial, office or retail space.
The Trammell Crow development team will be led by Senior Managing Director Bob Abberger and Vice President Court Corbino. The project’s brokerage and marketing activities will be managed by the CBRE Ft. Lauderdale office lead by Vice President Chris Wood, Senior Vice President Harry Tangalakis and Senior Associate Tom O’Loughlin.
Trammell Crow Co., one of the nation’s leading developers and investors, has developed or acquired over 525 million square feet of buildings with a value exceeding $55 billion.