PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002
MEDIA CONTACT:
Whitney Williams
Marketing & Communications Manager
PMRG
(713) 209-5935

Feb 24, 2006

PM REALTY GROUP HIRED TO LEASE 6200 CORNERS PARKWAY

Firm also is pre-leasing space for a new office building next door
 
ATLANTA, GA - PM Realty Group has been selected to provide leasing services for 6200 The Corners Parkway, a six-story office building in Norcross, and to pre-lease space in a new building that will be erected adjacent to it.

Wells Real Estate Investment Trust hired PM Realty Group to lease the 145,000-square-foot building at 6200 The Corners Parkway, said Bill Weghorst, senior vice president and director of PM Realty's Atlanta Region. Wells, which has its headquarters in the building, acquired the property in December.

Wells plans to start construction of the new 145,000-square-foot building as soon as it pre-leases about 50 percent of the space.

"The versatility of 6200 The Corners Parkway's location in Peachtree Corners makes it an ideal location for a headquarters operation such as Wells and for other emerging companies," Weghorst said.

Wells occupies more than 138,000 square feet in 6200 The Corners Parkway, which is part of The Corners Office Park.

"Acquiring the building fit our investment strategy of buying well-located buildings leased to one or two creditworthy tenants," said Joe Oglesby, senior vice president of investment at Wells.
"Now the time is right to develop an office building that mirrors 6200," Oglesby said. "We have confidence that PM Realty Group will help us land a lead tenant for the project."

About PMRG

PMRG merged operations with Madison Marquette in June 2018 to create a new leader in commercial real estate. The firm offers PMRG’s leasing, property management, investment management and development services, combined with Madison Marquette’s specialized development, investment and marketing expertise. Madison Marquette’s strength in retail and mixed-use assets joins PMRG’s office, medical, industrial and multi-family capabilities to provide national leadership across asset classes. PMRG’s dominance in the southern US combines with Madison Marquette’s presence in primary gateway markets on both coasts to serve the top institutional owners and investors in the industry. The company provides leasing and management services to a diverse portfolio of 330 assets in 24 states and manages an investment portfolio valued at over $6 billion. The combined company is headquartered in Washington, DC with a major presence in Houston, TX. With 600 professionals in 12 regional markets, the merged firm is a member of the Capital Guidance group of companies.