In 1978, the company was founded as a
real estate development company by Robert Duncan. In 1998, the company acquired Carey Winston, the largest commercial real estate
broker in the
Washington, D.C. metropolitan area. co-founder and chairman Randall K. Rowe was elected chairman of the National Realty Committee. In the early 2000s, Transwestern Real Estate Services expanded into 30 markets. In January 2001, the company brokered a $113 million, 15-year lease for
Oblon in
Arlington, Virginia. In January 2011, Transwestern acquired Fort Worth-based NAI Huff Partners. In 2013, Transwestern Development Company was established to develop speculative and build-to-suit projects. In September 2013, Transwestern acquired the
Boston firm of Richards Barry Joyce & Partners LLC. In January 2014, the company acquired Epic Realty Partners LLC, based in
Chicago, Illinois, to grow its industrial business. In March 2014, the company formed a
joint venture with the principals of Chicago-based Ridge Property Trust called Ridge Development to expand its industrial development platform. In February 2015, Transwestern Strategic Partners, the discretionary investment management arm of the company, acquired a property in
Scottsdale, Arizona for $58.5 million. In March 2017, the company acquired Chicago-based tenant advisory firm Tru Office Advisors. In May 2022, Transwestern expanded its North American presence through alliance with Canada-based ENCOR Advisors. In 2022, Transwestern Hospitality Group was created to focus on hospitality, investment, development and operations. In January 2023, Transwestern acquired MB Real Estate in Chicago and boutique firms in Washington D.C. ==References==