6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
'Our relationship with Trammell Crow Company has existed for several years and this step is evidence of the success we've had together,' said Tom Morgan, Hughes president and CEO. 'Strategically, it makes sense for us to form agreements like this where we can concentrate on our core business and receive a needed service. We look forward to seeing the results of this relationship with TCC and to exploring how we can do additional business with each other in the future.'
Both Hughes and Trammell Crow Company expect the partnership will extend across many of their respective product lines. 'We began this relationship several years ago and are extremely proud to be associated with Hughes Supply,' said Paul Ellis, TCC Principal and North Florida Area Director, based in the Orlando office. 'Our companies' values and cultures match up well and we believe we are continuing a relationship that can have a deep impact on our industry.'
Hughes distributes more than 350,000 products nationwide. The company's product groups, which include building materials, concrete products, electrical, electric utilities, fire protection, HVAC, industrial pvf (pipe, valves and fittings), maintenance, repair and operations, mechanical pvf, plumbing, water and sewer, and water systems and irrigation, are used by more than 100,000 customers in the commercial, residential, industrial and infrastructure markets.
'We expect this to be a 360-degree relationship and extend beyond the services engagement - one in which we will actively seek ways for our clients to save money by working with Hughes while finding opportunities for Hughes to benefit from relationships we have with existing clients,' Ellis said. 'Additionally, this brings Trammell Crow Company's Florida-based portfolio to 47 million square feet of property and provides a unique opportunity to solidify this relationship right here in Florida.'
Trammell Crow Company works with clients to understand their core business needs and then develop adaptive business strategies designed to meet their goals so businesses are free to concentrate on their mission rather than all the support elements for their operations.
Hughes Supply, founded in 1928, is one of the nation's largest diversified wholesale distributors of construction, repair and maintenance-related products, with 486 locations in 38 states. Headquartered in Orlando, Fla., Hughes employs approximately 8,400 associates and generates annual revenues in excess of $3 billion. Hughes is a Fortune 500 company and was named the #2 Most Admired Company in America in the Wholesalers: Diversified Industry segment by Fortune magazine. More information on Hughes, visit ,a href=http://www.hughessupply.com>www.hughessupply.com.
About Trammell Crow Company
Founded in 1948, Trammell Crow Company is one of the largest diversified commercial real estate services companies in the United States. Through its Global Services Group, the company provides building management, brokerage and project management services to both investors in and users of commercial real estate. Development and investment services are provided through the company's Development & Investment Group. In addition to its full service offices located throughout the United States, the company has offices in Canada, Europe, Asia and Latin/South America focused on the delivery of real estate services to corporate customers.
The company delivers brokerage services outside the United States through strategic alliances with leading providers - in Europe and Asia, through Savills, plc, a leading property services company based in the United Kingdom; and in Canada, through JJ Barnicke, a leading Canadian real estate services provider. Trammell Crow Company is traded on the New York Stock Exchange under the ticker symbol 'TCC' and on the Web at www.trammellcrow.com.