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Highlights of our history include:
1954 - Company founded by Fletcher Emerson to provide facility management services to Texas National Bank Building in Houston.
1955 - The Company begins providing third-party services to other owners, soon employing over 110 people and providing management services to many buildings in the Houston area.
1974 - Fletcher Emerson Company sells to Century Corporation. The company is renamed "Property Management Systems."
1970s to 1980s - Property Management Systems drastically expands into a national company during the real estate boom, acquiring numerous third-party assignments from pension funds and insurance companies, and institutional investors around the country.
1987 - Property Management Systems becomes a subsidiary of Banc Plus Savings Association, which is also owned by Century Corporation.
1990 - An investment group, led by Jupiter Realty Corporation, organizes a buyout and Property Management Systems emerges as PM Realty Group, Ltd.
1996 - The current executive management team, led by Rick Kirk, joins PM Realty Group, Ltd.
1998 - Executive management team, with the backing of a major investment banking firm, completes an asset purchase of PM Realty Group, Ltd. PM Realty Group, LP emerges from the transaction. Executive management diversifies and expands the new company’s service offerings to become a fully integrated property services company.
2003 - Rapid expansion of business in Hawaii and the hiring of five transactions professionals makes PM the largest provider of real estate services in the Hawaiian Islands.
2004 - PM Realty Group hits 150 million square foot benchmark for services provided to commercial and corporate clients.
2006 - PM Realty Group Development team breaks ground on Park Lane Place, a 2.5 million square foot mixed-use project in Dallas, Texas. Combined with other development projects, PM Realty Group and partners have over $500 million of development projects underway.
2009 - PM Realty Group establishes office in Boston to service the 12 million square foot Hackman Capital Partners portfolio.
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