The Global Services Company Next Door

THE GREAT RECESSION AND SUBSEQUENT SLUGGISH ECONOMY OF the past several years saw many commercial real estate service firms retrenching. Yet while its counterparts were cutting costs and announcing mass layoffs, Transwestern found itself doing just the opposite. The Houston-based commercial real estate services, investment and development firm took advantage of the dislocation in the market to embark on an aggressive growth plan that, according to company officials, has positioned it well for the upturn.

While the private company doesn’t report earnings, president and CEO Larry Heard reveals last year was a record-breaking one for Transwestern in terms of profits, and “I believe in 2012 we will report our highest gross revenue earnings in the company’s history. That is with significant investment tied to it, but it’s indicative of the kind of growth we’ve signed up for and the quality that we’ve continued to insist upon from a service delivery standpoint for our clients.”