PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002

MEDIA CONTACT: 
Heather Hutson 
Edelman
(404) 832-6350
heather.hutson@edelman.com

ATLANTA, GA - PM Realty Group (PMRG), one of the nation’s leading providers of commercial real estate services, has been awarded management of a 665,310-square-foot, 13- building portfolio owned by DBSI—Discovery Real Estate Services (DDRS), a nationwide buyer of investment grade commercial properties.

PMRG will assume management of the buildings effective immediately, according to Bill Weghorst, senior vice president and director of PM Realty Group’s Atlanta region. The metro Atlanta properties, most of which are located within the Northeast and North Fulton sub-markets, and their respective square footages are as follows:

• 48 Perimeter (23,334)                  
• Abbotts Bridge (68,888)
• Chattahoochee Corners (59,959)
• Gateway Commons (30,350)
• Mansell Forest (52,676)
• Mansell Plaza (18,850)
• Morningside Forest (23,918)
• Northridge Center I and II (188,000)
• Spalding Triangle 5255 (27,545)
• Spalding Triangle 5275 (32,600)
• Spalding Triangle 5295 (22,680)
• Woodside Center (116,510)

“This sizable award strengthens PM Realty Group’s Atlanta management portfolio,” Weghorst said. “Being hired by a national player such as DDRS further distinguishes our standing within the marketplace.”

Beth Amos, a property manager with PMRG, will oversee management of the portfolio.

With the addition of the DDRS portfolio, PMRG’s Atlanta region now leases and/or manages approximately 7.4 million square feet of commercial real estate. PMRG’s Atlanta region also provides engineering services for more than 11 million square feet for JPMorgan Chase.

About PM Realty Group

Headquartered in Houston, PM Realty Group (PMRG) is a privately held real estate firm of more than 1,300 employees and 25 divisional and regional offices that conducts business in every major state. Its Atlanta region leases and/or manages 7.4 million square feet, including notable buildings such as RiverEdge Summitt, One Capital City Plaza and The Lenox Building.

With more than 50 years of experience, PMRG provides services to a portfolio valued in excess of $25 billion. The firm’s diversified client base includes institutional and private investors, real estate investment trusts, government agencies, corporations and healthcare service providers. PMRG focuses on creating value for its clients and offers a full spectrum of real estate services, including property and facility management, leasing, marketing, investment sales, construction management and engineering. In addition, PMRG partners with clients in comprehensive development and joint venture investment programs. For additional information, visit www.pmrg.com.

About DBSI-Discovery Real Estate Services

DBSI-Discovery Real Estate Services (DDRS) is a partially owned subsidiary of two highly respected, national real estate firms based in Boise, ID: DBSI, a 28-year-old, full-service real estate investment company with significant experience and assets nationally, and Spectrus Real Estate Group/FOR 1031, a leading provider and innovator of quality, diversified investment real estate. Utilizing the talent, expertise, and financial security provided by these companies, DDRS is ideally positioned to succeed in a rapidly expanding real estate marketplace. Over the last three years DDRS has closed more than 200 commercial properties valued at over $2 billion. This year we plan to acquire another $1 billion of commercial real estate. The primary focus of DDRS is on well-positioned, intrinsic-valued real estate opportunities such as retail, office, flex, industrial and multi-family products. For additional information, visit www.ddrs.net.  

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