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SOURCE Transwestern Development Company
Executive Position Created to Oversee Rapid Expansion of Transwestern Development Co.
HOUSTON, Feb. 12, 2014 /PRNewswire/ -- Transwestern's Houston headquarters today announced Carleton Riser has been named to the newly created position of president of Transwestern Development Co. to lead the firm in an aggressive operational and geographic expansion. Transwestern Development Co. is part of the Transwestern family of companies, which includes a diversified operating company with 34 U.S. offices, a real estate investment management company and a research advisory firm.
Riser has 18 years of experience in the development of properties, both nationally and internationally. He previously served as managing director at Transwestern Development Co., which specializes in the development of office, industrial, multifamily and healthcare product. According to Larry P. Heard, CEO of Transwestern's family of companies, in Riser's new capacity, he will provide leadership for all of Transwestern Development Co.'s activities, facilitate expansion into new markets and strengthen the firm's development practices in existing markets.
Transwestern Development Co. has offices in Austin, Dallas, Houston and San Antonio, Texas; Atlanta; Denver; Chicago; Washington, D.C.; and Southern California, and intends to expand into additional markets on the east and west coasts. As a member of the Transwestern family of companies, Transwestern Development Co. will benefit from the market insights and operational expertise of its affiliates.
ABOUT TRANSWESTERN DEVELOPMENT COMPANY
Transwestern Development Company is a diversified business with expertise and experience in all commercial property types. The firm executes projects through a variety of venture and contract structures and has been creating commercial landmarks for itself, its partners and valued customers throughout the U.S. since 1978. Transwestern Development Co. operates as a principal, investing capital alongside its institutional equity partners in the development of speculative and build-to-suit projects, and as a fee developer for clients and user-owners. The company has amassed valuable experience in construction, design, sustainability, leasing, acquisitions, finance and asset management. As a member of the Transwestern family of companies, the firm capitalizes on the market insights and operational expertise of its affiliates, which include a diversified real estate services firm with 34 U.S. offices and a real estate investment management company. For more information, please visit transwesterndevelopment.net.
ABOUT THE TRANSWESTERN FAMILY OF COMPANIES
The Transwestern family of companies together comprises a diversified real estate operating, investment and development organization. The privately held, fully integrated enterprise leverages competencies in office, industrial, retail, multifamily and healthcare to add value for investors, owners and occupiers of real estate.
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