Currently Reading

Wood Partners (No. 58)

Advertisement

Wood Partners (No. 58)

A new entry on PB’s GIANTS list, this Marietta, Ga.-based apartment builder checks in at No. 58 after beginning operations in 1998 as a spinoff from Trammell Crow Residential, the apartment building behemoth.


March 31, 2002
This article first appeared in the PB April 2002 issue of Pro Builder.

 

Giants 2002
Bigger, Better, Stronger
Building to a Billion and Beyond
(Nos. 1-20)
High Volume, High Profit (Nos. 21-125)
Striking a Balance (Nos. 126-275)
Bolstering Their Corps (Nos. 276-400)
Consolidation: Swift and Massive
Consolidation Is Temporary
Pop-up Profiles:
Simpson Housing
Legacy Partners Residential
Wood Partners
Tarragon Realty Investors
Movers & Shakers:
Neumann Homes
Astoria Homes
Town & Country Developers
Palmetto Traditional Homes

 

A new entry on PB’s GIANTS list, this Marietta, Ga.-based apartment builder checks in at No. 58 after beginning operations in 1998 as a spinoff from Trammell Crow Residential, the apartment building behemoth. “We were the Atlanta/Charlotte operation for TCR until Leonard Wood retired and formed his own organization,” explains Mike Roche, a Wood Partners director. The firm’s first two projects, in the Atlanta suburbs, came on-stream in June 1999.

Since then, Wood has formed two divisions. WP-South has operations in Georgia, Florida and Texas. WP-East, with offices in Charlotte, operates in North Carolina and Washington, D.C. With 2001 production of 3,013 housing units valued at more than $281 million, Wood is already playing with the big boys in the apartment sector. Asked to project 2002 production, Roche says, “We’ll bring on two projects totaling about 1,000 units in Atlanta, two each in north and south Florida at 500 units per project, one in Dallas for about 500, and one in Houston of similar size.”

With operations in Charlotte, Raleigh, N.C., and Washington also contributing completions, it looks like Wood will be a player in the apartment sector for some time to come. At 55, Leonard Wood is retired from Trammell Crow, but he doesn’t look ready for a rocking chair.

 

Alta Park apartments in Alpharetta, Ga., contain 554 units in 16 buildings (16.5 units per acre). The project was completed in June 2001.
Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.