Dallas-based Trammell Crow Co., citing the evaporation of credit for new real estate development projects, is shutting down its offices in Oklahoma and Tulsa as part of a national reduction in operations.
Trammell Crow?s existing projects in Oklahoma will continue under Shaun W. Frankfurt, an Ada native and longtime executive with Trammell Crow in Oklahoma who is now with the company in Chicago.
Frankfurt said Friday that offices in Oklahoma City and Tulsa probably would be dark by January. The company only has six employees in Oklahoma.
It will be the first time since Dallas real estate developer Trammell Crow himself worked on industrial projects in Oklahoma City in the 1960s that the company that bears his name will
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