EXHIBIT 21.1

|ENTITY NAME                                            |  | STATE/COUNTRY
OF FORMATION |  | STATE/COUNTY
OF DBA       |  | DBA NAME                                  
|------------------------------------------------------ |  | -------------------------- |  | ------------------------- |  | ------------------------------------------
|1996 DFW OFFICE, INC.                                  |  | DE                         |  | TEXAS                     |  | 1996 DFW OFFICE I, INC.                   
|3865 TCMP VENTURE, LLC                                 |  | DE                         |  |                           |  |                                           
|3865 WILSON, L.L.C.                                    |  | VA                         |  |                           |  |                                           
|5950 SHERRY LANE LIMITED PARTNER, LTD.                 |  | TX                         |  |                           |  |                                           
|AEW #10 CORPORATION                                    |  | MA                         |  |                           |  |                                           
|AMB-TC SOUTHRIVER PARK NJ L.L.C.                       |  | DE                         |  |                           |  |                                           
|ATWATER 12 LP                                          |  | DE                         |  |                           |  |                                           
|AUSTIN RETAIL INVESTMENT, INC.                         |  | DE                         |  |                           |  |                                           
|BC PLAZA II/III, LTD.                                  |  | TX                         |  |                           |  |                                           
|BELLAIRE SHOPPING CENTER ASSOCIATES, L.P.              |  | TX                         |  |                           |  |                                           
|BEVELAND CORPORATE CENTER LP                           |  | DE                         |  |                           |  |                                           
|BPP-CM, L.P.                                           |  | TX                         |  |                           |  |                                           
|BROADVIEW CENTRAL TEXAS, LTD.                          |  | TX                         |  |                           |  |                                           
|BURBANK AIRPORT PLAZA, LLC                             |  | DE                         |  |                           |  |                                           
|BURLESON-STASSNEY LAND II, LTD.                        |  | TX                         |  |                           |  |                                           
|BURLESON-STASSNEY LAND III, LTD.                       |  | TX                         |  |                           |  |                                           
|BURLESON-STASSNEY LAND, LTD.                           |  | TX                         |  |                           |  |                                           
|CATMONTU INSURANCE COMPANY, LTD.                       |  | CAYMAN ISLANDS             |  |                           |  |                                           
|CEMENTVILLE, L.P.                                      |  | TX                         |  |                           |  |                                           
|CH-NORTHWEST PLACE ONE, LTD.                           |  | TX                         |  |                           |  |                                           
|CH-NWP, INC.                                           |  | DE                         |  |                           |  |                                           
|COLLINS CROSSING II, LTD.                              |  | TX                         |  |                           |  |                                           
|COLLINS CROSSING, LTD.                                 |  | TX                         |  |                           |  |                                           
|CONSTRUCTION CORP. OF THE ROCKIES, INC.                |  | CO                         |  |                           |  |                                           
|CORPORATE TITLE, INC.                                  |  | DE                         |  |                           |  |                                           
|CROW ATLANTA DEVELOPMENT-1996, INC.                    |  | DE                         |  |                           |  |                                           
|CROW BROKERAGE COMPANY, INC.                           |  | MO                         |  | MISSOURI                  |  | TRAMMELL CROW BROKERAGE & MANAGEMENT GROUP
|DALLAS/FORT WORTH OFFICE REAL ESTATE INVESTMENTS #1 LP |  | TX                         |  |                           |  |                                           
|DALLAS/FORT WORTH OFFICE REAL ESTATE INVESTMENTS, INC. |  | DE                         |  |                           |  |                                           
|DALLAS/FORT WORTH REAL ESTATE INVESTMENTS #2, L.P.     |  | TX                         |  |                           |  |                                           
|DALLAS/FORT WORTH REAL ESTATE INVESTMENTS, INC.        |  | DE                         |  |                           |  |                                           
|DENALI LLC                                             |  | NV                         |  |                           |  |                                           
|DEVELOPMENT CORP. OF THE ROCKIES III, INC.             |  | DE                         |  |                           |  |                                           
|EMERALD REAL ESTATE COMPANY                            |  | DE                         |  |                           |  |                                           
|ENTERPRISE BUSINESS PARK D-2, L.P.                     |  | DE                         |  |                           |  |                                           
|ENVIRONMENTAL ASSET SERVICES, INC.                     |  | DE                         |  | CO. OF LOS ANGELES, CA    |  | EASI                                      
|ENVIRONMENTAL ASSET SERVICES, INC.                     |  | DE                         |  | CO. OF ORANGE, CA         |  | EASI                                      
|ENVIRONMENTAL ASSET SERVICES, INC.                     |  | DE                         |  | CO. OF SACRAMENTO, CA     |  | EASI                                      
|ENVIRONMENTAL ASSET SERVICES, INC.                     |  | DE                         |  | CO. OF VENTURA, CA        |  | EASI                                      
|ENVIRONMENTAL ASSET SERVICES, INC.                     |  | DE                         |  | CO. OF SANTA BARBARA, CA  |  | EASI                                      
|ENVIRONMENTAL ASSET SERVICES, INC.                     |  | DE                         |  | CO. OF SAN DIEGO, CA      |  | EASI                                      
|ENVIRONMENTAL ASSET SERVICES, INC.                     |  | DE                         |  | CO. OF SAN BERNARDINO, CA |  | EASI                                      
|EXPO 2 PARTNERS, LTD.                                  |  | TX                         |  |                           |  |                                           
|EXPO LAND, INC.                                        |  | DE                         |  |                           |  |                                           
|EXPO MANAGEMENT I, LLC                                 |  | TX                         |  |                           |  |                                           
|EXPO MANAGEMENT II, L.L.C.                             |  | TX                         |  |                           |  |                                           
|EXPO MANAGEMENT III, LLC                               |  | TX                         |  |                           |  |                                           
|EXPO PARTNERS I, LTD.                                  |  | TX                         |  |                           |  |                                           

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|EXPO PARTNERS II, LTD.                                     |  | TX     |  |                   |  |                                          
|---------------------------------------------------------- |  | ------ |  | ----------------- |  | -----------------------------------------
|EXPO PARTNERS III, LTD.                                    |  | TX     |  |                   |  |                                          
|FAIRWAY CENTRE ASSOCIATES, L.P.                            |  | TX     |  | CO. OF HARRIS, TX |  | FAIRWAY CENTRE                           
|FAIRWAY CENTRE, INC.                                       |  | DE     |  |                   |  |                                          
|FAIRWAY PLAZA ASSOCIATES, L.P.                             |  | TX     |  |                   |  |                                          
|FAISON (CHILE) S.A.                                        |  | CHILE  |  |                   |  |                                          
|FAISON SERVICIOS INMOBILIARIOS S.A.                        |  | CHILE  |  |                   |  |                                          
|FREEPORT #2, LP                                            |  | TX     |  |                   |  |                                          
|FREESTANDING PROPERTY FUND I, L.P.                         |  | DE     |  |                   |  |                                          
|GATEWAY PLAZA ASSOCIATES L.P.                              |  | DE     |  |                   |  |                                          
|GLASGOW BTS, LLC                                           |  | DE     |  |                   |  |                                          
|GLENDALE AND 91ST AVENUE LLC                               |  | AZ     |  |                   |  |                                          
|GRAND PARKWAY/I-10 ASSOCIATES, L.P.                        |  | TX     |  | CO. OF HARRIS, TX |  | MARKETPLACE AT KATY COMMONS              
|GRAND PARKWAY/I-10 ASSOCIATES, L.P.                        |  | TX     |  | CO. OF HARRIS, TX |  | KATY COMMONS                             
|GRAND PARKWAY/I-10 ASSOCIATES, L.P.                        |  | TX     |  | CO. OF HARRIS, TX |  | KATY COMMONS MARKETPLACE                 
|INSTRUMENTAL INVESTMENTS, LTD.                             |  | TX     |  |                   |  |                                          
|KANSAS CITY REAL ESTATE BROKERAGE, INC.                    |  | MO     |  | MISSOURI          |  | TRAMMELL CROW COMPANY                    
|KYRENE MESA DEVELOPMENT COMPANY LLC                        |  | AZ     |  |                   |  |                                          
|LAKELINE RETAIL 2000, LTD.                                 |  | TX     |  |                   |  |                                          
|LANDMARK VI INDUSTRIAL CENTER, LTD.                        |  | TX     |  |                   |  |                                          
|LEEDS CONSTRUCTION SERVICES, INC.                          |  | DE     |  |                   |  |                                          
|MARSH AT BELMEADE PARTNERS, L.P.                           |  | TX     |  |                   |  |                                          
|MCCRELESS SQUARE, LTD.                                     |  | TX     |  |                   |  |                                          
|MONTPELIER II, LLC                                         |  | DE     |  |                   |  |                                          
|MT. BAKER LLC                                              |  | NV     |  |                   |  |                                          
|MT. SHASTA LLC                                             |  | NV     |  |                   |  |                                          
|NNN CARE EIGHT LLC                                         |  | DE     |  |                   |  |                                          
|NNN CARE ONE LLC                                           |  | DE     |  |                   |  |                                          
|NORTHWOOD GP, LTD.                                         |  | TX     |  |                   |  |                                          
|NORTHWOOD PROPERTIES, LTD.                                 |  | TX     |  |                   |  |                                          
|OLD TOWN DEVELOPMENT COMPANY, LLC                          |  | VA     |  |                   |  |                                          
|ONE RIVERWALK PLACE, L.L.C.                                |  | TX     |  |                   |  |                                          
|OREGON OFFICE CONSTRUCTION COMPANY                         |  | OR     |  | OREGON            |  | RAVEN CONSTRUCTION                       
|PRIMEWEST LLC, A TRAMMELL CROW AFFILIATED COMPANY          |  | AZ     |  |                   |  |                                          
|PROSCENIUM, LLC                                            |  | GA     |  |                   |  |                                          
|QUARRY CROSSING, LTD.                                      |  | TX     |  | TEXAS             |  | QUARRY CROSSING                          
|RAINIER LLC                                                |  | NV     |  |                   |  |                                          
|RAVEN CONSTRUCTION SERVICES COMPANY                        |  | DE     |  | ALABAMA           |  | RAVEN CONSTRUCTION SERVICES COMPANY, INC.
|RAVEN CONSTRUCTION, INC.                                   |  | DE     |  |                   |  |                                          
|RUDY CONSTRUCTION, INC. F/K/A BLUE ROCK CONSTRUCTION, INC. |  | DE     |  |                   |  |                                          
|SMOKESTACK PARTNERS, INC.                                  |  | DE     |  |                   |  |                                          
|SPYGLASS CORPORATE SUPPORT SERVICES, INC.                  |  | DE     |  |                   |  |                                          
|STASSNEY HEIGHTS, LTD.                                     |  | TX     |  |                   |  |                                          
|STM PARTNERS, LTD.                                         |  | TX     |  |                   |  |                                          
|SUBTIER MARSH AT BELMEADE PARTNERS, L.P.                   |  | TX     |  |                   |  |                                          
|SUGAR MAGNOLIA L.L.C.                                      |  | DE     |  | FLORIDA           |  | AMB-TC SUGAR MAGNOLIA L.L.C.             
|T.C. DO BRASIL PARTICIPACOES LTDA.                         |  | BRAZIL |  |                   |  |                                          
|T.C. SERVICES DE MEXICO, S. DE R.L. DE C.V.                |  | MEXICO |  |                   |  |                                          
|TC 82 INVERNESS LP                                         |  | DE     |  |                   |  |                                          
|TC ARROWPOINT LP                                           |  | DE     |  |                   |  |                                          
|TC ASHBURN LLC                                             |  | DE     |  |                   |  |                                          
|TC ATLANTA DEVELOPMENT, INC.                               |  | DE     |  |                   |  |                                          
|TC ATLANTA, INC.                                           |  | DE     |  | CO. OF COBB, GA   |  | TRAMMELL CROW COMPANY                    

Page 2

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|TC ATWATER LAND LP                                  |  | DE |  |                      |  |                                                 
|--------------------------------------------------- |  | -- |  | -------------------- |  | ------------------------------------------------
|TC BALLPARK GP, INC.                                |  | DE |  |                      |  |                                                 
|TC BELLAIRE SHOPPING CENTER, INC.                   |  | DE |  |                      |  |                                                 
|TC BEVELAND, INC.                                   |  | DE |  |                      |  |                                                 
|TC BOSTON CORPORATE SERVICES, INC.                  |  | DE |  |                      |  |                                                 
|TC BOULDER OFFICE, L.P.                             |  | DE |  |                      |  |                                                 
|TC BROADWAY TRADE CENTER GP, INC.                   |  | DE |  |                      |  |                                                 
|TC BROADWAY TRADE CENTER INVESTORS LP               |  | TX |  |                      |  |                                                 
|TC BROADWAY TRADE CENTER LP                         |  | TX |  |                      |  |                                                 
|TC CAMERON DEVELOPMENT LAND LP                      |  | DE |  |                      |  |                                                 
|TC CAPE WG LP                                       |  | DE |  |                      |  |                                                 
|TC CAROLINAS, INC.                                  |  | DE |  |                      |  |                                                 
|TC CBD DEVELOPMENT, LLC                             |  | DE |  |                      |  |                                                 
|TC CBD MEMBER, LLC                                  |  | DE |  |                      |  |                                                 
|TC CENTER LLC                                       |  | DE |  |                      |  |                                                 
|TC CHICAGO BROKERAGE, INC.                          |  | DE |  | ILLINOIS             |  | TRAMMELL CROW COMPANY                           
|TC CHICAGO BROKERAGE, INC.                          |  | DE |  | MINNESOTA            |  | TRAMMELL CROW COMPANY                           
|TC CHICAGO, INC.                                    |  | DE |  | ILLINOIS             |  | BUILDING MAINTENANCE XPERTS                     
|TC CONTRACTORS MA, INC.                             |  | DE |  |                      |  |                                                 
|TC CONTRACTORS, INC.                                |  | DE |  | NEW YORK             |  | TCNY CONTRACTORS                                
|TC DALLAS/FORT WORTH INVESTMENT AND DEVELOPMENT, LP |  | TX |  |                      |  |                                                 
|TC DC LAND LP                                       |  | DE |  |                      |  |                                                 
|TC DEERWOOD COMMERCE CENTER LP                      |  | DE |  |                      |  |                                                 
|TC DENVER TELCO LLC                                 |  | DE |  |                      |  |                                                 
|TC DENVER, INC.                                     |  | DE |  |                      |  |                                                 
|TC DETROIT, INC.                                    |  | DE |  |                      |  |                                                 
|TC DIBAR, LP                                        |  | DE |  |                      |  |                                                 
|TC ELK GROVE GP, INC.                               |  | DE |  |                      |  |                                                 
|TC ELK GROVE LP                                     |  | DE |  |                      |  |                                                 
|TC FAIRWAY PLAZA II, LTD.                           |  | TX |  | CO. OF HARRIS, TX    |  | FAIRWAY MARKETPLACE                             
|TC FITNESS, INC.                                    |  | DE |  |                      |  |                                                 
|TC FOREST HILL DEVELOPMENT LP                       |  | DE |  |                      |  |                                                 
|TC GAMECOCK LP                                      |  | DE |  |                      |  |                                                 
|TC GRAND PARKWAY GP, INC.                           |  | DE |  |                      |  |                                                 
|TC GREENHILL, LLC                                   |  | OK |  |                      |  |                                                 
|TC HAVEN VILLAGE GP, INC.                           |  | DE |  |                      |  |                                                 
|TC HAVEN VILLAGE LP                                 |  | DE |  |                      |  |                                                 
|TC HD DEVELOPMENT, LLC                              |  | DE |  |                      |  |                                                 
|TC HOUSTON TFK, INC.                                |  | DE |  |                      |  |                                                 
|TC HOUSTON, INC.                                    |  | DE |  | CO. OF HARRIS, TX    |  | THE COMMONS AT DEERBROOK                        
|TC I-35 OKLAHOMA LLC                                |  | DE |  |                      |  |                                                 
|TC INDIANAPOLIS, INC.                               |  | DE |  |                      |  |                                                 
|TC KANSAS CITY, INC.                                |  | DE |  |                      |  |                                                 
|TC KEARNY VILLA LP                                  |  | DE |  |                      |  |                                                 
|TC KENTUCKY, INC.                                   |  | DE |  |                      |  |                                                 
|TC KILLEEN MP, LP                                   |  | DE |  |                      |  |                                                 
|TC LAKELAND #1, INC.                                |  | DE |  |                      |  |                                                 
|TC LAMBERT, INC.                                    |  | DE |  |                      |  |                                                 
|TC LOUISIANA, INC.                                  |  | DE |  |                      |  |                                                 
|TC MERIDIAN TOWER LP                                |  | DE |  |                      |  |                                                 
|TC MIDATLANTIC DEVELOPMENT, INC.                    |  | DE |  |                      |  |                                                 
|TC MIDATLANTIC PROPERTIES, INC.                     |  | DE |  |                      |  |                                                 
|TC MIDATLANTIC, INC.                                |  | DE |  | CITY OF HAMPTON, VA  |  | TRAMMELL CROW MIDATLANTIC RETAIL SERVICES       
|TC MILWAUKEE, INC.                                  |  | DE |  |                      |  |                                                 
|TC MK, INC.                                         |  | DE |  |                      |  |                                                 
|TC NEW ENGLAND BROKERAGE, INC.                      |  | DE |  | CITY OF HARTFORD, CT |  | FALLON HINES & O'CONNOR, A TRAMMELL CROW COMPANY
|TC NEW ENGLAND BROKERAGE, INC.                      |  | DE |  | CITY OF STAMFORD, CT |  | FALLON HINES & O'CONNOR, A TRAMMELL CROW COMPANY
|TC NEW ENGLAND BROKERAGE, INC.                      |  | DE |  | CO. OF KENT, DE      |  | FALLON HINES & O'CONNOR, A TRAMMELL CROW COMPANY

Page 3

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|TC NEW ENGLAND BROKERAGE, INC.         |  | DE |  | MAINE              |  | FALLON HINES & O'CONNOR, A TRAMMELL CROW COMPANY
|-------------------------------------- |  | -- |  | ------------------ |  | ------------------------------------------------
|TC NEW ENGLAND, INC.                   |  | DE |  | CITY OF BOSTON, MA |  | TRAMMELL CROW NEW ENGLAND                       
|TC NEW ENGLAND, INC.                   |  | DE |  | MASSACHUSETTS      |  | TRAMMELL CROW NEW ENGLAND                       
|TC NEW ENGLAND, INC.                   |  | DE |  | NEW HAMPSHIRE      |  | TRAMMELL CROW NEW ENGLAND, INC.                 
|TC NEW MEXICO, INC.                    |  | DE |  | NEW MEXICO         |  | TRAMMELL CROW NEW MEXICO, INC.                  
|TC NEW MEXICO, INC.                    |  | DE |  | TEXAS              |  | TRAMMELL CROW NEW MEXICO, INC.                  
|TC NORTHEAST METRO, INC.               |  | DE |  |                    |  |                                                 
|TC NORTHERN CALIFORNIA, INC.           |  | DE |  |                    |  |                                                 
|TC NW CROSSING DEVELOPMENT, LTD.       |  | TX |  |                    |  |                                                 
|TC NW CROSSING VENTURE L.L.C.          |  | DE |  |                    |  |                                                 
|TC NW CROSSING, LTD.                   |  | DE |  |                    |  |                                                 
|TC OKLAHOMA CITY, INC.                 |  | DE |  | TEXAS              |  | TRAMMELL CROW OKLAHOMA CITY, INC.               
|TC PORTLAND, INC.                      |  | DE |  | OREGON             |  | TRAMMELL CROW COMPANY                           
|TC PREMIER ROW HOLDING, INC.           |  | DE |  |                    |  |                                                 
|TC RENO, INC.                          |  | DE |  | NEVADA             |  | TRAMMELL CROW COMPANY                           
|TC SEABROOK, INC.                      |  | DE |  |                    |  |                                                 
|TC SEATTLE, INC.                       |  | DE |  | WASHINGTON         |  | TRAMMELL CROW SEATTLE, INC.                     
|TC SERVICENET, INC.                    |  | DE |  |                    |  |                                                 
|TC SIERRA BUILDING B, INC.             |  | DE |  |                    |  |                                                 
|TC SIERRA BUILDING C, INC.             |  | DE |  |                    |  |                                                 
|TC SIERRA BUILDING D, INC.             |  | DE |  |                    |  |                                                 
|TC SIERRA BUILDING G, INC.             |  | DE |  |                    |  |                                                 
|TC SIERRA CORPORATE CENTER, INC.       |  | DE |  |                    |  |                                                 
|TC SIERRA TOWN CENTER, INC.            |  | DE |  |                    |  |                                                 
|TC SOUTH RIVER OFFICE LLC              |  | DE |  |                    |  |                                                 
|TC SPRINGFIELD, LLC                    |  | VA |  |                    |  |                                                 
|TC ST. LOUIS, INC.                     |  | DE |  |                    |  |                                                 
|TC STORAGE LLC                         |  | DE |  |                    |  |                                                 
|TC SUWANEE CREEK, INC.                 |  | DE |  |                    |  |                                                 
|TC TAMPA GCS, INC.                     |  | DE |  |                    |  |                                                 
|TC TENNESSEE, INC.                     |  | DE |  | ARKANSAS           |  | TC TENNESSEE, INC. d/b/a TRAMMELL CROW COMPANY  
|TC TINKER LLC                          |  | OK |  |                    |  |                                                 
|TC TULSA, INC.                         |  | DE |  | OKLAHOMA           |  | TRAMMELL CROW TULSA, INC.                       
|TC TULSA, INC.                         |  | DE |  | TEXAS              |  | TRAMMELL CROW TULSA, INC.                       
|TC WC PARTNERS LP                      |  | TX |  |                    |  |                                                 
|TC WESTVIEW PLAZA LP                   |  | DE |  |                    |  |                                                 
|TC WILSONVILLE OFFICE, INC.            |  | DE |  |                    |  |                                                 
|TC WOOD VILLAGE, INC.                  |  | DE |  |                    |  |                                                 
|TCC CONSTRUCTION, INC.                 |  | DE |  |                    |  |                                                 
|TCC GENERAL AGENCY, INC.               |  | TX |  |                    |  |                                                 
|TCC LOUDOUN TELECOM, LLC               |  | DE |  |                    |  |                                                 
|TCC MCLEAN PARKING LLC                 |  | DE |  |                    |  |                                                 
|TCC NNN TRADING, INC.                  |  | DE |  |                    |  |                                                 
|TCC NORTH FLORIDA DEVELOPMENT #1, INC. |  | DE |  |                    |  |                                                 
|TCC PROSCENIUM, INC.                   |  | DE |  |                    |  |                                                 
|TCC RISK SERVICES, INC.                |  | DE |  |                    |  |                                                 
|TCC/AMB AVIATION IAH LP                |  | DE |  |                    |  |                                                 
|TCC/AMB AVIATION IAH VENTURE LLC       |  | DE |  |                    |  |                                                 
|TCC/AMB AVIATION PDX LLC               |  | DE |  |                    |  |                                                 
|TCC-BTS #2, INC.                       |  | DE |  |                    |  |                                                 
|TCC-BTS ALAMEDA FITNESS, INC.          |  | DE |  |                    |  |                                                 
|TCC-BTS ALEXANDER POINTE MT, INC.      |  | DE |  |                    |  |                                                 
|TCC-BTS BURLINGTON MT, INC.            |  | DE |  |                    |  |                                                 
|TCC-BTS CEDAR ROAD MT, INC.            |  | DE |  |                    |  |                                                 
|TCC-BTS CLEVELAND L.L.C                |  | DE |  |                    |  |                                                 
|TCC-BTS GOLFVIEW WG, INC.              |  | DE |  |                    |  |                                                 
|TCC-BTS JUMBO FITNESS, INC.            |  | DE |  |                    |  |                                                 
|TCC-BTS LOVELAND OM, INC.              |  | DE |  |                    |  |                                                 
|TCC-BTS MIRROR RIDGE MT, INC.          |  | DE |  |                    |  |                                                 
|TCC-BTS MONROE ROAD MT, INC.           |  | DE |  |                    |  |                                                 
|TCC-BTS RIDGE ROCK LP                  |  | TX |  |                    |  |                                                 
|TCC-BTS ROCK HILL MT, INC.             |  | DE |  |                    |  |                                                 

Page 4

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|TCC-BTS VIRGINIA CENTER MT, INC.       |  | DE |  |                    |  |                                            
|-------------------------------------- |  | -- |  | ------------------ |  | -------------------------------------------
|TCC-BTS WEATHERFORD OM, INC.           |  | DE |  |                    |  |                                            
|TCCNV, INC.                            |  | DE |  |                    |  |                                            
|TCCNV, LP                              |  | TX |  |                    |  |                                            
|TCC-OCP II, LTD.                       |  | FL |  |                    |  |                                            
|TCC-PB I, LTD.                         |  | FL |  |                    |  |                                            
|TCC-PHOENIX, INC.                      |  | DE |  |                    |  |                                            
|TCCT #2, INC.                          |  | DE |  |                    |  |                                            
|TCCT BROADVIEW GP, LTD.                |  | TX |  |                    |  |                                            
|TCCT DEVELOPMENT #2, INC.              |  | DE |  |                    |  |                                            
|TCCT DEVELOPMENT, INC.                 |  | DE |  |                    |  |                                            
|TCCT NW PORTFOLIO, INC.                |  | DE |  |                    |  |                                            
|TCCT REAL ESTATE, INC.                 |  | DE |  |                    |  |                                            
|TCCT SAN ANTONIO INVESTMENTS II, INC.  |  | DE |  |                    |  |                                            
|TCCT SAN ANTONIO INVESTMENTS, INC.     |  | DE |  |                    |  |                                            
|TCDFW #1, INC.                         |  | DE |  |                    |  |                                            
|TCDFW #2, INC.                         |  | DE |  |                    |  |                                            
|TCDFW 1102 FREEWAY, L.P.               |  | TX |  |                    |  |                                            
|TCDFW 161 PIONEER LP                   |  | TX |  |                    |  |                                            
|TCDFW 411 WEST SEVENTH LP              |  | TX |  |                    |  |                                            
|TCDFW ACQUISITIONS LP                  |  | TX |  |                    |  |                                            
|TCDFW BELLAIRE, INC.                   |  | DE |  |                    |  |                                            
|TCDFW BMOB LP                          |  | TX |  |                    |  |                                            
|TCDFW DENTON CANCER CENTER LP          |  | TX |  |                    |  |                                            
|TCDFW DEVELOPMENT #1, INC.             |  | DE |  |                    |  |                                            
|TCDFW DEVELOPMENT, LTD.                |  | TX |  |                    |  |                                            
|TCDFW GSC LP                           |  | TX |  |                    |  |                                            
|TCDFW HITACHI BTS LP                   |  | TX |  |                    |  |                                            
|TCDFW INDUSTRIAL INVESTMENTS, INC.     |  | DE |  |                    |  |                                            
|TCDFW INVESTMENT AND DEVELOPMENT, INC. |  | DE |  |                    |  |                                            
|TCDFW LAKEPARK PLAZA, L.P.             |  | TX |  |                    |  |                                            
|TCDFW LCT LP                           |  | TX |  |                    |  |                                            
|TCDFW MARSH AT BELMEADE, INC.          |  | DE |  |                    |  |                                            
|TCDFW PEACHTREE LP                     |  | TX |  |                    |  |                                            
|TCDFW QUEST, INC.                      |  | DE |  |                    |  |                                            
|TCDFW SPOKE LP                         |  | TX |  |                    |  |                                            
|TCDFW SUMMIT #1, L.P.                  |  | TX |  |                    |  |                                            
|TCDFW VA GP, INC.                      |  | DE |  |                    |  |                                            
|TCDFW VA LP                            |  | TX |  |                    |  |                                            
|TCDFW, INC.                            |  | DE |  | CO. OF COLLIN, TX  |  | TRAMMELL CROW DALLAS/FORT WORTH            
|TCDFW, INC.                            |  | DE |  | CO. OF DALLAS, TX  |  | TRAMMELL CROW DALLAS/FORT WORTH            
|TCDFW, INC.                            |  | DE |  | CO. OF DENTON, TX  |  | TRAMMELL CROW DALLAS/FORT WORTH            
|TCDFW, INC.                            |  | DE |  | CO. OF LUBBOCK, TX |  | TRAMMELL CROW DALLAS/FORT WORTH            
|TCDFW, INC.                            |  | DE |  | CO. OF TARRANT, TX |  | TRAMMELL CROW DALLAS/FORT WORTH            
|TCDFW, INC.                            |  | DE |  | TEXAS              |  | TRAMMELL CROW DALLAS/FORT WORTH            
|TCDFW-COLLINS CROSSING, LTD.           |  | TX |  |                    |  |                                            
|TCFP SHOPPING CENTER II, INC.          |  | DE |  |                    |  |                                            
|TCH #2, INC.                           |  | DE |  |                    |  |                                            
|TCH TFK, L.P.                          |  | TX |  |                    |  |                                            
|TCM 3865, LLC                          |  | DE |  |                    |  |                                            
|TCMW DEVELOPMENT, INC.                 |  | DE |  |                    |  |                                            
|TCNE ATWATER 12, INC.                  |  | DE |  |                    |  |                                            
|TCNE DEVELOPMENT, INC.                 |  | DE |  |                    |  |                                            
|TCNE-HORIZON, INC.                     |  | DE |  |                    |  |                                            
|TCNE-NEBC, INC.                        |  | DE |  |                    |  |                                            
|TCNE-USPS, INC.                        |  | DE |  |                    |  |                                            
|TC-RIVERSIDE, L.L.C.                   |  | MD |  |                    |  |                                            
|TCSE REALTY SERVICES, INC.             |  | DE |  | CO. OF VOLUSIA, FL |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES

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|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF CHATHAM, GA           |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|--------------------------------------------------- |  | --------- |  | ---------------------------- |  | -------------------------------------------
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF DEKALB, GA            |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF VIGO, IN              |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF CUMBERLAND, NC        |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF DURHAM, NC            |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF MECKLENBERG, NC       |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF PITT, NC              |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF HAMILTON, OH          |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF MAURY, TN             |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | TENNESSEE                    |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF CAMERON, TX           |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CITY OF COLONIAL HEIGHTS, VA |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CITY OF LYNCHBURG, VA        |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CITY OF ROANOKE, VA          |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCSE REALTY SERVICES, INC.                          |  | DE        |  | CO. OF CAMPBELL, VA          |  | TRAMMELL CROW FAISON REGIONAL MALL SERVICES
|TCVG ASSOCIATES, LP                                 |  | DE        |  |                              |  |                                            
|TEMPLE RETAIL, LTD.                                 |  | TX        |  |                              |  |                                            
|TFK RETAIL, LTD.                                    |  | TX        |  |                              |  |                                            
|TITAN CONSTRUCTION GROUP, INC.                      |  | DE        |  | NORTH CAROLINA               |  | TITAN CONSTRUCTION, INC.                   
|TITLE ASSOCIATES, INC.                              |  | DE        |  |                              |  |                                            
|TOOLEY & COMPANY, INC.                              |  | CA        |  |                              |  |                                            
|TRAMMELL CROW ARGENTINA S.A.                        |  | ARGENTINA |  |                              |  |                                            
|TRAMMELL CROW ARROWPOINT, INC.                      |  | DE        |  |                              |  |                                            
|TRAMMELL CROW ASSET MANAGEMENT, INC.                |  | DE        |  |                              |  |                                            
|TRAMMELL CROW ATLANTA DEVELOPMENT, INC.             |  | DE        |  |                              |  |                                            
|TRAMMELL CROW AUTOMOTIVE REALTY SERVICES, INC.      |  | DE        |  |                              |  |                                            
|TRAMMELL CROW BROKERAGE SERVICES, LTD.              |  | TX        |  |                              |  |                                            
|TRAMMELL CROW BTS, INC.                             |  | DE        |  |                              |  |                                            
|TRAMMELL CROW CAPITAL COMPANY II, INC.              |  | DE        |  |                              |  |                                            
|TRAMMELL CROW CAROLINAS DEVELOPMENT, INC.           |  | DE        |  |                              |  |                                            
|TRAMMELL CROW CENTRAL TEXAS DEVELOPMENT, INC.       |  | DE        |  |                              |  |                                            
|TRAMMELL CROW CENTRAL TEXAS, LTD.                   |  | TX        |  | TEXAS                        |  | TRAMMELL CROW CENTRAL TEXAS                
|TRAMMELL CROW CENTRAL TEXAS, LTD.                   |  | TX        |  | CO. OF TRAVIS, TX            |  | TRAMMELL CROW COMPANY                      
|TRAMMELL CROW CENTRAL TEXAS, LTD.                   |  | TX        |  | TEXAS                        |  | AUSTIN CENTRAL SERVICES COMPANY            
|TRAMMELL CROW CHICAGO DEVELOPMENT, INC.             |  | DE        |  |                              |  |                                            
|TRAMMELL CROW CHILE INMOBILIARIA LIMITADA           |  | CHILE     |  | CHILE                        |  | TRAMMELL CROW COMPANY, LTD.                
|TRAMMELL CROW COMPANYCHILE, INC.                   |  | DE        |  |                              |  |                                            
|TRAMMELL CROW COMPANYCHILE S.A.                    |  | CHILE     |  |                              |  |                                            
|TRAMMELL CROW COMPANYSOUTH AMERICAN HOLDINGS, INC. |  | DE        |  |                              |  |                                            

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|TRAMMELL CROW COMPANY (A DELAWARE CORPORATION)    |  | DE     |  | TEXAS                  |  | TRAMMELL CROW COMPANY (DELAWARE)                  
|------------------------------------------------- |  | ------ |  | ---------------------- |  | --------------------------------------------------
|TRAMMELL CROW COMPANY CONSTRUCTION SERVICES, INC. |  | DE     |  | CO. OF CLARK, NV       |  | TRAMMELL CROW CONSTRUCTION                        
|TRAMMELL CROW COMPANY CONSTRUCTION SERVICES, INC. |  | DE     |  | CO. OF WASHOE, NV      |  | TRAMMELL CROW CONSTRUCTION                        
|TRAMMELL CROW CONSTRUCTION-ATLANTA, INC.          |  | DE     |  | CO. OF CLAYTON, GA     |  | RAVEN CONSTRUCTION                                
|TRAMMELL CROW CONSTRUCTION-ATLANTA, INC.          |  | DE     |  | CO. OF COBB, GA        |  | RAVEN CONSTRUCTION                                
|TRAMMELL CROW CONSTRUCTION-ATLANTA, INC.          |  | DE     |  | CO. OF DEKALB, GA      |  | RAVEN CONSTRUCTION                                
|TRAMMELL CROW CONSTRUCTION-ATLANTA, INC.          |  | DE     |  | CO. OF FULTON, GA      |  | RAVEN CONSTRUCTION                                
|TRAMMELL CROW CONSTRUCTION-ATLANTA, INC.          |  | DE     |  | CO. OF GWINNETT, GA    |  | RAVEN CONSTRUCTION                                
|TRAMMELL CROW CONSTRUCTION-ATLANTA, INC.          |  | DE     |  | CO. OF HENRY, GA       |  | RAVEN CONSTRUCTION                                
|TRAMMELL CROW CORPORATE SERVICES CANADA, LTD.     |  | CANADA |  |                        |  |                                                   
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF CAMDEN, NC      |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF CHOWAN, NC      |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF CRAVEN, NC      |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF CURRITUCK, NC   |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF DARE, NC        |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF GATES, NC       |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF HALIFAX, NC     |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF MARTIN, NC      |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF NORTHAMPTON, NC |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF ONSLOW, NC      |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF PAMLICO, NC     |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF PASQUOTAN, NC   |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF PERQUIMAN, NC   |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CORPORATE SERVICES, INC.            |  | DE     |  | CO. OF PITT, NC        |  | TRAMMELL CROW CORPORATE SERVICES                  
|TRAMMELL CROW CUB INVESTMENT, L.L.C.              |  | CO     |  |                        |  |                                                   
|TRAMMELL CROW DALLAS INDUSTRIAL DEVELOPMENT LP    |  | TX     |  |                        |  |                                                   
|TRAMMELL CROW DALLAS INDUSTRIAL DEVELOPMENT, INC. |  | DE     |  | TEXAS                  |  | TRAMMELL CROW DALLAS INDUSTRIAL DEVELOPMENT I, INC
|TRAMMELL CROW DALLAS/FORT WORTH REAL ESTATE, LTD. |  | TX     |  |                        |  |                                                   
|TRAMMELL CROW DALLAS/FORT WORTH, LTD.             |  | TX     |  |                        |  |                                                   
|TRAMMELL CROW DEERWOOD COMMERCE CENTER, INC.      |  | DE     |  |                        |  |                                                   
|TRAMMELL CROW DENVER DEVELOPMENT II, INC.         |  | DE     |  |                        |  |                                                   
|TRAMMELL CROW DENVER DEVELOPMENT, INC.            |  | DE     |  |                        |  |                                                   
|TRAMMELL CROW DENVER, INC.                        |  | DE     |  | COLORADO               |  | TRAMMELL CROW COMPANY                             

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|TRAMMELL CROW DETROIT DEVELOPMENT, INC.              |  | DE             |  |                              |  |                                           
|---------------------------------------------------- |  | -------------- |  | ---------------------------- |  | ------------------------------------------
|TRAMMELL CROW DEVELOPMENT, INC.                      |  | DE             |  |                              |  |                                           
|TRAMMELL CROW DFW DEVELOPMENT, INC.                  |  | DE             |  |                              |  |                                           
|TRAMMELL CROW GLOBAL SOLUTIONS INC.                  |  | CAYMAN ISLANDS |  |                              |  |                                           
|TRAMMELL CROW HEALTHCARE SERVICES, INC.              |  | DE             |  |                              |  |                                           
|TRAMMELL CROW HIGHER EDUCATION SERVICES, INC.        |  | DE             |  |                              |  |                                           
|TRAMMELL CROW HOUSTON DEVELOPMENT, INC.              |  | DE             |  |                              |  |                                           
|TRAMMELL CROW HOUSTON, LTD.                          |  | TX             |  | NEW MEXICO                   |  | TRAMMELL CROW HOUSTON, LIMITED PARTNERSHIP
|TRAMMELL CROW INDIANAPOLIS DEVELOPMENT, INC.         |  | DE             |  |                              |  |                                           
|TRAMMELL CROW INDIVIDUAL INVESTMENT FUND 1996, L. P. |  | DE             |  |                              |  |                                           
|TRAMMELL CROW INVESTMENT FUND II, L.P.               |  | DE             |  |                              |  |                                           
|TRAMMELL CROW INVESTMENT FUND III, L.P.              |  | DE             |  |                              |  |                                           
|TRAMMELL CROW INVESTMENTS II, INC.                   |  | DE             |  |                              |  |                                           
|TRAMMELL CROW INVESTMENTS III, INC.                  |  | DE             |  |                              |  |                                           
|TRAMMELL CROW KANSAS CITY DEVELOPMENT, INC.          |  | DE             |  |                              |  |                                           
|TRAMMELL CROW LATIN AMERICA INC.                     |  | CAYMAN ISLANDS |  |                              |  |                                           
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | FLORIDA                      |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF CHATHAM, GA           |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF DEKALB, GA            |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF VIGO, IN              |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | INDIANA                      |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | MARYLAND                     |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF CLEVELAND, NC         |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF CUMBERLAND, NC        |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF DURHAM, NC            |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF MECKLENBURG, NC       |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF PITT, NC              |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | OHIO                         |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | TENNESSEE                    |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF CAMERON, TX           |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | TEXAS                        |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CITY OF COLONIAL HEIGHTS, VA |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CITY OF LYNCHBURG, VA        |  | MAD                                       
|TRAMMELL CROW MALL MARKETING, INC.                   |  | DE             |  | CO. OF AUGUSTA, VA           |  | MAD                                       

Page 8

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|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF HENRICO, VA           |  | MAD                       
|--------------------------------------------------- |  | ------ |  | ---------------------------- |  | --------------------------
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF ROANOKE, VA           |  | MAD                       
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | WEST VIRGINIA                |  | MAD                       
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | FLORIDA                      |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF CHATHAM, GA           |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF DEKALB, GA            |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF VIGO, IN              |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | INDIANA                      |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | MARYLAND                     |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF CLEVELAND, NC         |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF CUMBERLAND, NC        |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF DURHAM, NC            |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF MECKLENBURG, NC       |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF PITT, NC              |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | OHIO                         |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | TENNESSEE                    |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF CAMERON, TX           |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | TEXAS                        |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CITY OF COLONIAL HEIGHTS, VA |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CITY OF LYNCHBURG, VA        |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF AUGUSTA, VA           |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF HENRICO, VA           |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | CO. OF ROANOKE, VA           |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | WEST VIRGINIA                |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MALL MARKETING, INC.                  |  | DE     |  | PENNSYLVANIA                 |  | MEDIA ADVERTISING & DESIGN
|TRAMMELL CROW MEXICO S.A. DE C.V.                   |  | MEXICO |  |                              |  |                           
|TRAMMELL CROW MEXICO, INC.                          |  | DE     |  |                              |  |                           
|TRAMMELL CROW MILWAUKEE DEVELOPMENT, INC.           |  | DE     |  |                              |  |                           
|TRAMMELL CROW NEW ENGLAND DEVELOPMENT, INC.         |  | DE     |  |                              |  |                           
|TRAMMELL CROW NORTHEAST METRO DEVELOPMENT, INC.     |  | DE     |  |                              |  |                           
|TRAMMELL CROW NORTHERN CALIFORNIA DEVELOPMENT, INC. |  | DE     |  |                              |  |                           
|TRAMMELL CROW NW, INC.                              |  | DE     |  |                              |  |                           
|TRAMMELL CROW OKC DEVELOPMENT, INC.                 |  | DE     |  |                              |  |                           
|TRAMMELL CROW OPERATIONS, INC.                      |  | DE     |  |                              |  |                           

Page 9

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|TRAMMELL CROW PHOENIX DEVELOPMENT, INC.             |  | DE             |  |                           |  |                      
|--------------------------------------------------- |  | -------------- |  | ------------------------- |  | ---------------------
|TRAMMELL CROW PORTLAND DEVELOPMENT, INC.            |  | DE             |  |                           |  |                      
|TRAMMELL CROW REAL ESTATE SERVICES, INC.            |  | DC             |  |                           |  |                      
|TRAMMELL CROW REALTY SERVICES (ONTARIO), LTD.       |  | CANADA         |  |                           |  |                      
|TRAMMELL CROW REALTY SERVICES, INC.                 |  | DE             |  |                           |  |                      
|TRAMMELL CROW REALTY-ATLANTA, INC.                  |  | DE             |  |                           |  |                      
|TRAMMELL CROW RENO DEVELOPMENT, INC.                |  | DE             |  |                           |  |                      
|TRAMMELL CROW RETAIL SERVICES, INC.                 |  | DE             |  |                           |  |                      
|TRAMMELL CROW RETAIL SERVICES-BROKERAGE, INC.       |  | DE             |  |                           |  |                      
|TRAMMELL CROW SAVILLS (AUSTRALIA) PTY LTD.          |  | AUSTRALIA      |  |                           |  |                      
|TRAMMELL CROW SAVILLS (BELGIUM) B.V.B.A.            |  | BELGIUM        |  |                           |  |                      
|TRAMMELL CROW SAVILLS (FRANCE) SAS                  |  | FRANCE         |  |                           |  |                      
|TRAMMELL CROW SAVILLS (GERMANY) GMBH                |  | GERMANY        |  |                           |  |                      
|TRAMMELL CROW SAVILLS (INDIA) PRIVATE LTD.          |  | INDIA          |  |                           |  |                      
|TRAMMELL CROW SAVILLS (IRELAND) LIMITED             |  | IRELAND        |  |                           |  |                      
|TRAMMELL CROW SAVILLS (NETHERLANDS) B.V.            |  | NETHERLANDS    |  |                           |  |                      
|TRAMMELL CROW SAVILLS (SINGAPORE) PTE LTD.          |  | SINGAPORE      |  |                           |  |                      
|TRAMMELL CROW SAVILLS (SPAIN), S.L.                 |  | SPAIN          |  |                           |  |                      
|TRAMMELL CROW SAVILLS (THAILAND) LTD.               |  | THAILAND       |  |                           |  |                      
|TRAMMELL CROW SAVILLS (UK) LTD.                     |  | UNITED KINGDOM |  |                           |  |                      
|TRAMMELL CROW SAVILLS ASIA PACIFIC LIMITED          |  | CAYMAN ISLANDS |  |                           |  |                      
|TRAMMELL CROW SAVILLS HONG KONG LIMITED             |  | HONG KONG      |  |                           |  |                      
|TRAMMELL CROW SAVILLS JAPAN LIMITED                 |  | JAPAN          |  |                           |  |                      
|TRAMMELL CROW SAVILLS KOREA LTD.                    |  | KOREA          |  |                           |  |                      
|TRAMMELL CROW SAVILLS LIMITED                       |  | UNITED KINGDOM |  |                           |  |                      
|TRAMMELL CROW SAVILLS PHILIPPINES, INC.             |  | PHILIPPINES    |  |                           |  |                      
|TRAMMELL CROW SAVILLS SWEDEN AB                     |  | SWEDEN         |  |                           |  |                      
|TRAMMELL CROW SAVILLS TAIWAN COMPANY LIMITED        |  | TAIWAN         |  |                           |  |                      
|TRAMMELL CROW SE, INC.                              |  | DE             |  |                           |  |                      
|TRAMMELL CROW SEATTLE DEVELOPMENT, INC.             |  | DE             |  |                           |  |                      
|TRAMMELL CROW SO. CAL. COMMERCIAL DEVELOPMENT, INC. |  | DE             |  |                           |  |                      
|TRAMMELL CROW SO. CAL. DEVELOPMENT, INC.            |  | DE             |  |                           |  |                      
|TRAMMELL CROW SO. CAL. PROPERTIES, INC.             |  | DE             |  |                           |  |                      
|TRAMMELL CROW SO. CAL. RETAIL, INC.                 |  | DE             |  |                           |  |                      
|TRAMMELL CROW SO. CAL., INC.                        |  | DE             |  | CO. OF LOS ANGELES, CA    |  | TRAMMELL CROW COMPANY
|TRAMMELL CROW SO. CAL., INC.                        |  | DE             |  | CO. OF ORANGE, CA         |  | TRAMMELL CROW COMPANY
|TRAMMELL CROW SO. CAL., INC.                        |  | DE             |  | CO. OF RIVERSIDE, CA      |  | TRAMMELL CROW COMPANY
|TRAMMELL CROW SO. CAL., INC.                        |  | DE             |  | CO. OF SAN BERNARDINO, CA |  | TRAMMELL CROW COMPANY

Page 10

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|TRAMMELL CROW SO. CAL., INC.                              |  | DE      |  | CO. OF SAN DIEGO, CA |  | TRAMMELL CROW COMPANY
|--------------------------------------------------------- |  | ------- |  | -------------------- |  | ---------------------
|TRAMMELL CROW SO. CAL., INC.                              |  | DE      |  | CO. OF VENTURA, CA   |  | TRAMMELL CROW COMPANY
|TRAMMELL CROW SOCAL RETAIL II, INC.                       |  | DE      |  |                      |  |                      
|TRAMMELL CROW SOCAL RETAIL III, INC.                      |  | DE      |  |                      |  |                      
|TRAMMELL CROW SOUTH BAY, INC.                             |  | DE      |  |                      |  |                      
|TRAMMELL CROW SOUTH FLORIDA DEVELOPMENT, INC.             |  | DE      |  |                      |  |                      
|TRAMMELL CROW SPECIALTY REALTY, INC.                      |  | DE      |  |                      |  |                      
|TRAMMELL CROW TENNESSEE DEVELOPMENT, INC.                 |  | DE      |  |                      |  |                      
|TRAMMELL CROW TULSA DEVELOPMENT, INC.                     |  | DE      |  |                      |  |                      
|TRAMMELL CROW WALLIS REAL ESTATE SERVICES COMPANY LIMITED |  | HUNGARY |  |                      |  |                      
|TRAMMELL DE MEXICO, S. DE R.L. DE C.V.                    |  | MEXICO  |  |                      |  |                      
|TRI-PROPERTIES PROSCENIUM, L.L.C.                         |  | GA      |  |                      |  |                      
|USREA, INC.                                               |  | DE      |  |                      |  |                      
|VAN NUYS INDUSTRIAL CENTER, LLC                           |  | DE      |  |                      |  |                      
|WEST OAK CENTER, LTD.                                     |  | TX      |  |                      |  |                      
|WEST TECH BUSINESS CENTER, LTD.                           |  | TX      |  |                      |  |                      
|WEST TECH GP, INC.                                        |  | DE      |  |                      |  |                      
|WESTRIDGE AT GATEWAY PARTNERS, L.P.                       |  | TX      |  |                      |  |                      
|WETMORE BUSINESS PARK, LTD.                               |  | TX      |  |                      |  |                      
|WETMORE DISTRIBUTION HOLDINGS LP                          |  | TX      |  |                      |  |                      
|WETMORE GP, LTD.                                          |  | TX      |  |                      |  |                      
|WETMORE II GP, INC.                                       |  | DE      |  |                      |  |                      
|WETMORE PHASE II, LTD.                                    |  | TX      |  |                      |  |                      

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