Real Estate and Development History | Tishman Speyer

Firm

Throughout our history, we have focused on one goal:
Creating properties of enduring value.

Tishman Speyer has acquired, developed and operated 402 projects. These projects total over 165 million square feet and form the backbone of our global real estate portfolio of US $85.8 billion in total value across the United States, Europe, Latin America and Asia.


Our mission and our values are deeply embedded in our history. Over 100 years ago, Tishman Realty & Construction began in 1898. In answer to the changing real estate market, Robert V. Tishman and Jerry I. Speyer founded Tishman Speyer Properties as a privately held limited partnership in 1978.

Explore our history and learn how Tishman Speyer came to be the leading global real estate firm it is today.

Highlights
1970s
1980s
1990s
2000s
2010s

1978Robert V. Tishman and Jerry I. Speyer found Tishman Speyer Properties, a privately held limited partnership.

1988Tishman Speyer enters the European market and becomes one of the first U.S. developers in Europe.

1995Tishman Speyer is one of the first U.S. developers in Latin America, establishing Tishman Speyer Metodo with Metodo Engenharia S.A.

1997Tishman Speyer closes its first fund—Tishman Speyer/Citigroup Alternative Investments Real Estate Venture, L.P. (Fund I), a closed-end fund with over $850 million in equity commitments.

2004Tishman Speyer is the first American real estate company to launch a publicly listed fund of Class A U.S. office properties on the Australian Securities Exchange (ASX: TSO).

2005Tishman Speyer develops TSI Ventures in India, becoming the first U.S. real estate company to create a pan-Indian real estate company that develops Class A properties in the country.

2006Tishman Speyer establishes its first China office in Shanghai.

Tishman Speyer is the first to develop an environmentally sustainable commercial office building in New York City—Hearst Tower, the first building to be awarded LEED® Gold for New Construction.

2007Tishman Speyer is the first U.S. real estate company to start an investment fund focused exclusively on China.

2008Rob Speyer, great-great grandson of Tishman Realty & Construction Co. founder Julius Tishman, named President and Co-Chief Executive Officer of Tishman Speyer.

2010Tishman Speyer completes OpernTurm in Frankfurt, one of the first new office high-rise developments in Europe to be LEED® Gold certified.

2012Tishman Speyer signs one of the largest leases in Shanghai’s history with Nike to create a build to suit office campus for their China headquarters at The Springs in Jiang Wan New Town.

1978Robert V. Tishman and Jerry I. Speyer found Tishman Speyer Properties, a privately held limited partnership.

Late 1970sTishman Speyer enters Chicago, Atlanta, Los Angeles and Houston.

Early 1980sTishman Speyer enters Florida.

1983Tishman Speyer completes the development of 525 West Monroe in Chicago's West Loop submarket, contributing to the area's explosive growth. The 25-story, Class A office building features an award-winning energy management system and the first high-rise use of structurally glazed spandrel glass.

1988Tishman Speyer enters the European market and becomes one of the first U.S. developers in Europe.

1988- 1991Tishman Speyer develops and completes MesseTurm (Frankfurt), upon its completion the tallest building in Europe. Incorporating American-influenced design and construction techniques, MesseTurm instantly becomes a symbol of the city of Frankfurt.

1991Tishman Speyer wins the first major Berlin development competition post-Wall.

1995Tishman Speyer is one of the first U.S. developers in Latin America, establishing Tishman Speyer Metodo with Metodo Engenharia S.A.

1996Tishman Speyer acquires and redevelops Rockefeller Center (New York City), completing the first full-scale redevelopment of the Art Deco complex since 1930, and revitalizing the property and the entire Fifth Avenue retail district.

1997Tishman Speyer closes its first fund—Tishman Speyer/Citigroup Alternative Investments Real Estate Venture, L.P. (Fund I), a closed-end fund with over $850 million in equity commitments.

1999Tishman Speyer closes Tishman Speyer/Citigroup Alternative Investments Real Estate Venture III, LLC (Fund III), a closed-end fund with over $200 million in equity commitments.

Tishman Speyer completes the development of Torre Norte in São Paulo, becoming the first U.S. real estate company to develop and build an international-quality, Class A office building in Brazil. Upon completion, Torre Norte is the tallest commercial building in Brazil.

2003Tishman Speyer launches its Brazil residential business.

Tishman Speyer closes Tishman Speyer European Strategic Office Fund, L.P. (ESOF), a closed-end fund with approximately €602 million in equity commitments.

2004Tishman Speyer is the first American real estate company to launch a publicly listed fund of Class A U.S. office properties on the Australian Securities Exchange (ASX: TSO).

Tishman Speyer closes Tishman Speyer Real Estate Venture VI (Fund VI), a closed-end fund with $1.1 billion in commitments.

2005Tishman Speyer opens Top of the Rock atop 30 Rockefeller Plaza, New York City’s first observation deck in over 30 years.

Tishman Speyer completes development of the CBX Tower in La Défense, Paris, the first environmentally efficient, all-glass high rise in France, featuring leading-edge construction techniques such as elliptical floor plate design and destination-controlled elevators linked to access control.

Tishman Speyer develops TSI Ventures in India, becoming the first U.S. real estate company to create a pan-Indian real estate company that develops Class A properties in the country.

2006Tishman Speyer begins construction on Ventura Corporate Towers (Rio de Janeiro), the first property built to world-class standards required by both major domestic and international tenants, and in an extremely supply-constrained market.

Tishman Speyer establishes its first China office in Shanghai.

Tishman Speyer is the first to develop an environmentally sustainable commercial office building in New York City—Hearst Tower, the first building to be awarded LEED® Gold for New Construction.

2007Tishman Speyer is the first U.S. real estate company to start an investment fund focused exclusively on China.

Tishman Speyer closes Tishman Speyer China Fund, L.P. (China Fund) with $884 million of capital commitments.

Tishman Speyer closes Tishman Speyer Brazil Fund, L.P., a real-denominated fund, raising approximately R$1.2 billion (US$600 million equivalent at the time of closing) of equity capital.

Tishman Speyer closes Tishman Speyer India Fund, L.P., a closed-end fund with approximately INR 15.7 billion in equity commitments.

Tishman Speyer closes Tishman Speyer European Real Estate Venture VI, L.P., a closed-end fund with over €1 billion in equity commitments.

Tishman Speyer closes Tishman Speyer Brazil Fund II, L.P. (Brazil Fund II) with approximately R$197 million of capital commitments.

2008Rob Speyer, great-great grandson of Tishman Realty & Construction Co. founder Julius Tishman, named President and Co-Chief Executive Officer of Tishman Speyer.

Tishman Speyer becomes sole owner of TSI Ventures in India.

Tishman Speyer completes development of Rochaverá Corporate Towers, a Class A, 1.2-million-square-foot, four-tower office complex located adjacent to two of the most prestigious shopping malls in São Paulo. Along with Ventura Corporate Towers (Rio de Janeiro), Rochaverá is the first pre-certified LEED® Gold commercial building in Brazil.

2009Tishman Speyer completes the development of Yankee Stadium (New York City).

2010Tishman Speyer completes OpernTurm in Frankfurt, one of the first new office high-rise developments in Europe to be LEED® Gold certified.

Tishman Speyer completes Phase I of WaveRock in Hyderabad, India, a state-of-the-art, eco-friendly green building well on its way to becoming a landmark in India's burgeoning commercial real estate landscape.

2011Tishman Speyer breaks ground and begins construction on The Springs (Shanghai).

Tishman Speyer achieves the Green Star status for all three of its European funds and four of its five U.S. funds in the 2011 Global Real Estate Sustainability Benchmark Survey.

2012Tishman Speyer is the first foreign developer to raise an RMB real estate fund, a landmark achievement in China’s capital markets.

Tishman Speyer signs one of the largest leases in Shanghai’s history with Nike to create a build to suit office campus for their China headquarters at The Springs in Jiang Wan New Town.