DALLAS - PM Realty Group (PMRG), a national, full-service commercial real estate firm, was recently selected to provide leasing services for 70,000 square feet of medical office space in Allen, Texas. The assignment further cements PMRG's growing status as leasing specialists in the medical field.
Twin Creek Medical Center I and II are each two-story, 35,000-square-foot medical office buildings located at 1111 and 1103 Raintree Circle, respectively. The buildings are strategically located next to the new Presbyterian Hospital of Allen.
JaRyCo Development, a first-time PMRG client, awarded the leasing contract to PMRG on Apr. 1. The contract went into effect immediately.
Ed Schnieders, vice president at PMRG, and Bernard Deaton, executive vice president/managing director of PMRG's central division, will be jointly in charge of leasing. Twin Creek Medical Center I is 100 percent leased. Schnieders and Deaton will concentrate on leasing Twin Creek Medical Center II, which is currently five percent occupied.
Pending the success of leasing efforts for Twin Creek Medical Center II, JaRyCo Development will begin construction on a third medical office facility on the same plot of land.