{"id":1004495815,"date":"2020-12-03T19:12:05","date_gmt":"2020-12-04T03:12:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004495815"},"modified":"2021-05-18T10:42:48","modified_gmt":"2021-05-18T18:42:48","slug":"top-20-commercial-development-firms-of-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-20-commercial-development-firms-of-2020\/","title":{"rendered":"Top 20 Commercial Development Firms of 2020"},"content":{"rendered":"

\"\"<\/a>You can also read our other Top Development Firms<\/a> rankings.<\/em><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Rank<\/strong><\/td>\nCompany<\/strong><\/td>\nSF Completed 2017-19<\/strong><\/td>\nSF Under Construction*<\/strong><\/td>\nRegions<\/strong><\/td>\nProperty Sectors<\/strong><\/td>\n<\/tr>\n
1<\/td>\nTrammell Crow Co.<\/td>\n28,508,570<\/td>\n56,238,960<\/td>\nE, M, S, W, I<\/td>\nO, I, R, H, He<\/td>\n<\/tr>\n
2<\/td>\nTishman Speyer<\/td>\n20,600,000<\/td>\n15,400,000<\/td>\nE, M, S, W, I<\/td>\nO<\/td>\n<\/tr>\n
3<\/td>\nDuke Realty<\/td>\n32,228,000<\/td>\n6,730,000<\/td>\nE, M, S, W<\/td>\nI<\/td>\n<\/tr>\n
4<\/td>\nMajestic Realty Co.<\/td>\n16,000,000<\/td>\n9,880,000<\/td>\nE, S, W<\/td>\nO, I, R, H<\/td>\n<\/tr>\n
5<\/td>\nLincoln Property Co.<\/td>\n11,300,000<\/td>\n12,140,000<\/td>\nE, M, S, W, I<\/td>\nO, I, X<\/td>\n<\/tr>\n
6<\/td>\nDermody Properties<\/td>\n15,981,778<\/td>\n4,463,509<\/td>\nE, M, S, W<\/td>\nI<\/td>\n<\/tr>\n
7<\/td>\nRelated Cos.<\/td>\n9,500,000<\/td>\n5,400,000<\/td>\nE, M, S, W, I<\/td>\nO, R, H<\/td>\n<\/tr>\n
8<\/td>\nTranswestern Development Co.<\/td>\n4,917,495<\/td>\n13,166,372<\/td>\nE, M, S, W<\/td>\nO, I, R, He<\/td>\n<\/tr>\n
9<\/td>\nMcCraney Property Co.<\/td>\n10,075,055<\/td>\n5,114,120<\/td>\nE, S<\/td>\nI<\/td>\n<\/tr>\n
10<\/td>\nStream Realty Partners<\/td>\n6,166,194<\/td>\n3,585,285<\/td>\nE, S, W<\/td>\nO, I, R, X<\/td>\n<\/tr>\n
11<\/td>\nVulcan Inc.<\/td>\n1,248,543<\/td>\n2,470,000<\/td>\nW<\/td>\nO, R, X<\/td>\n<\/tr>\n
12<\/td>\nFlaherty & Collins Properties<\/td>\n7,488,380<\/td>\n1,702,241<\/td>\nE, M, S, W<\/td>\nR<\/td>\n<\/tr>\n
13<\/td>\nMadison Marquette<\/td>\n3,088,000<\/td>\n1,737,000<\/td>\nE, S, W<\/td>\nO, R, He<\/td>\n<\/tr>\n
14<\/td>\nConcord Hospitality Enterprises<\/td>\n2,903,586<\/td>\n2,666,488<\/td>\nE, M, S, W, I<\/td>\nH<\/td>\n<\/tr>\n
15<\/td>\nAshley Capital LLC<\/td>\n5,885,000<\/td>\n5,065,000<\/td>\nE, M, S, W<\/td>\nI<\/td>\n<\/tr>\n
16<\/td>\nRD Management<\/td>\n3,064,254<\/td>\n2,214,977<\/td>\nE, M, S<\/td>\nR, H, X<\/td>\n<\/tr>\n
17<\/td>\nFirst Industrial Realty Trust<\/td>\n9,415,988<\/td>\n984,346<\/td>\nE, M, S, W<\/td>\nI<\/td>\n<\/tr>\n
18<\/td>\nHSA Commercial Real Estate<\/td>\n3,956,000<\/td>\n1,557,000<\/td>\nM, S, W<\/td>\nI, R, He<\/td>\n<\/tr>\n
19<\/td>\nWS Development<\/td>\n2,508,886<\/td>\n1,604,868<\/td>\nE, M, S<\/td>\nO, R, He<\/td>\n<\/tr>\n
20<\/td>\nInland National Development Co.\u00a0<\/td>\n1,700,000<\/td>\n1,496,000<\/td>\nM, S, W<\/td>\nI, R, H, X<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

* As of Jun. 30, 2020<\/p>\n

Key: Regions (E=East; M=Midwest; S=South; W=West; I=International). Property Sectors (O=Office; I=Industrial; R=Retail; H=Hospitality; He=Health care; X=Other)<\/em><\/p>\n

Though we make every effort to include all major commercial developers, several notable firms (among them Alexandria Real Estate, Kilroy Realty and Prologis) did not participate this year.<\/p>\n

To be included in upcoming surveys, email Jeff Hamann at jeffrey.hamann@cpe-mhn.com<\/a>.<\/em><\/p>\n

Industrial Development Takes Center Stage<\/strong><\/h2>\n

Of all commercial real estate sectors, industrial has emerged as one of the clear winners as consumer spending has dramatically shifted toward e-commerce, increasing the need for warehouse space, and, more specifically, cold storage as the popularity of grocery delivery increases.<\/p>\n

Retail and hospitality have both clearly struggled due to shutdowns of nonessential businesses and declines in travel, tourism and in-store shopping. Although businesses have largely reopened in recent months, travel has been slow to recover as consumers remain wary.<\/p>\n

Office users, too, have been hesitant to return to traditional workspaces, leading to slowed absorption across the sector. With all the uncertainty, it is likely that developers will remain cautious over the next few months, specifically within the office, retail and hospitality sectors.<\/p>\n

In this year\u2019s Top Commercial Development Firms ranking, Trammell Crow Co. holds the top spot with more than 56 million square feet under construction as of June 30, 2020. Rounding out the Top 3 are office developer Tishman Speyer with more than 15 million square feet underway and Duke Realty with nearly 7 million square feet of industrial under construction. The three companies developed more than 65 million square feet combined during the past three years.<\/p>\n

A full 60 percent of our respondents were either partially or exclusively focused on industrial development. The companies delivered 123 million square feet in industrial projects during the past three years, with another 97 million square feet underway at the end of the second quarter. When asked about future activity, 90 percent of all respondents said they expect to develop at the same level or more rapidly over the next six quarters compared to the previous six.<\/p>\n

Methodology<\/h2>\n

The 2020 CPE<\/em> Top Commercial Development Firms ranking utilized self-reported data for all firms. Our rankings utilize weighted formulas based on a variety of factors (only a few of which are specified here), including current and future plans, market value of projects completed and under construction, and geographic and property diversification. The ranking represents what we feel is a logical balance between firm growth and market share.<\/p>\n

Read the December 2020 issu<\/em>e<\/em> of CPE.<\/em><\/a><\/p>\n

\u2014Madeline Winship, Senior Research Analyst, Yardi Matrix<\/em><\/p>\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The 2020 CPE Top Commercial Development Firms ranking utilized self-reported data for all companies.<\/p>\n","protected":false},"author":861,"featured_media":1004496979,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,37784],"tags":[],"class_list":["post-1004495815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-research-center-top-development-firms"],"acf":[],"yoast_head":"\nTop 20 Commercial Development Firms of 2020 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/top-20-commercial-development-firms-of-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 20 Commercial Development Firms of 2020\" \/>\n<meta property=\"og:description\" content=\"The 2020 CPE Top Commercial Development Firms ranking utilized self-reported data for all companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-20-commercial-development-firms-of-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-04T03:12:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-18T18:42:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Ranking-Top-Developers-art-CPE_featured.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Hamann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/top-20-commercial-development-firms-of-2020\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/top-20-commercial-development-firms-of-2020\/\",\"name\":\"Top 20 Commercial Development Firms of 2020 - 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