2017 revenue: $484.5 million
+17.6%
CRG, the private real estate development arm of Clayco, more than doubled the square feet it had under development in 2017 leading to a 17.6 percent spike in revenue to $484.5 million.
Thanks in large part to e-commerce, CRG began the year with almost 8 million square feet under development and closed 18 development deals totaling 8.5 million square feet. It also ended the year with five deals in the process of closing, the company said.