DALLAS, TX - Officials with PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced it has been awarded the leasing assignment for an approximately 775,000-square-foot Class A portfolio by The Koll Company. The portfolio's five office buildings are located in the Uptown/Turtle Creek, Las Colinas/East Lyndon B. Johnson, Quorum/Bent Tree and Upper Tollway/West Plano submarkets.
"The Dallas leasing market is dramatically improving, especially in the suburbs," said Doug Little, executive vice president and managing director of PM Realty Group's Central Division. "We look forward to the opportunity and challenge this portfolio presents."
The Class A properties include Greenhill Park Tower, Hampton Court, Hackberry View, Parkway Centre II and Parkway Centre III. The Koll Company acquired the portfolio in November 2006.
"We're proud to name PM Realty Group as our exclusive leasing agent for this important portfolio of quality assets," said Sam DePoy, senior vice president for The Koll Company. "We have worked with them in the past in other markets and have been extremely impressed with their results. We're aligned with their focused, tenant friendly approach and very much appreciate their commitment to delivering value as defined by the customer."
About The Koll Company
With a concentration on Western U.S. markets, The Koll Company currently owns and manages more than five million square feet of existing multi-tenant, light industrial and suburban/garden office space and has an additional 1.1 million square feet under development or in the planning stage. It maintains regional management offices in Dallas, Denver and Los Angeles, Orange, San Diego and Riverside counties of California. In addition, The Koll Company has developed more than 85 million square feet of office, industrial and retail space and is currently developing Hacienda, an oceanfront community of 239 full-ownership homes in Cabo San Lucas, Mexico.
Acting as a principal for each investment, The Koll Company uses its operational expertise and vision to maximize returns from performing assets-improving and repositioning underutilized properties and providing ground-up development services for vacant or obsolete properties.
Further information on the company is available at www.koll.com. The Public Employee Retirement System of Idaho (PERSI) is a -billion public pension plan headquartered in Boise, Idaho. More information is available at www.persi.state.id.us. PERSI is advised by Chadwick Saylor Capital Management Inc. a registered investment advisor based in Los Angeles and Atlanta. Its website is www.chadwicksaylor.com.
About PM Realty Group
Headquartered in Houston, Texas, PM Realty Group (PMRG) is one of the nation’s leading real estate companies focusing on comprehensive property services, development and acquisitions. With a strategic presence in 30 markets, PMRG provides the highest quality services to its clients and investors. PMRG’s clients and investors include large financial institutions, advisors and high net worth individuals. By capitalizing on the team’s experience and expertise, PMRG has the ability to undertake large and challenging management, leasing, development and acquisition projects.
PMRG’s portfolio, including projects managed for third parties, includes commercial office buildings, mixed-use centers, corporate headquarters, industrial buildings, medical facilities, high-rise multifamily buildings and re-appropriated military facilities.
Our goal is to generate exceptional returns for our clients and investors by focusing on real estate fundamentals. For additional information, visit www.pmrg.com