PM Realty Group
910 Travis, Suite 1000
Houston, Texas 77002

AT PM REALTY GROUP:
Chris Strickfaden
Senior Vice President, Leasing
Western Division
(310) 215-8500

AT WEBER SHANDWICK:
Kathryn Abney
Media Contact
312-640-6778

Craig Bloomfield
General Information
312-640-6720

Culver City, Calif. - PM Realty Group, one of the nation’s leading full-service commercial real estate firms, today announced it has arranged the sale of a commercial real estate building located at 6133 Bristol Parkway in Culver City, Calif., on behalf of the Teachers Insurance and Annuity Association College Retirement Equities Fund (TIAA-CREF), one of the world’s largest pension funds. The buyer, Professional Real Estate Services, Inc., is a private commercial real estate firm.

6133 Bristol Parkway is a 52,000-square-foot, three-story office building with a three-story open-air atrium. The building is located in the heart of Fox Hills, considered one of the most sought-after office markets in the greater Los Angeles area.

The sale was arranged by PM Realty Group Senior Vice President of Leasing Chris Strickfaden and Vice President of Investments John Murray. The purchase price was not disclosed. PM Realty Group, which has leased and managed the property for the past seven years, has been retained by the new owner to provide the same services.

“PM Realty Group is pleased to announce the sale of 6133 Bristol Parkway at mutually beneficial terms to both parties,” Strickfaden said. "We are doubly pleased to have been selected by Professional Real Estate Services to continue providing leasing and property management services at this premier building.

About PM Realty Group

PM Realty Group is a privately-held real estate service organization with more than 1,300 employees and 20 divisional and regional offices. Based in Houston, Texas, the company traces its roots back to 1954. PM Realty Group today conducts business in nearly every state, providing comprehensive real estate services to institutions, investors, corporations, real estate investment trusts, government agencies and healthcare providers.

PM Realty Group offers clients the full spectrum of real estate services, including property and facility management, leasing and marketing, corporate services, investment services, construction management, asset management and development, engineering services, portfolio administration, disposition and acquisition, consulting and due diligence and healthcare services.

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