Trammell Crow and Blackbrook formed a joint venture.

Trammell Crow, a global real estate development firm, and Blackbrook, a specialist European real estate investor, formed a joint venture. Financial terms were not disclosed. “This is a unique opportunity for Blackbrook to invest in one of Germany’s strongest, but materially undersupplied, logistics markets. The Rhine-Ruhr region boasts excellent national and international transport connections, which not only explains why it has become headquarters for many major international companies, but why vacancy rates are near all-time lows. Our new assets will address the strong long-term demand in the region,” Jon Strang, Blackbrook Managing Director.