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

May 16, 2006

PM REALTY GROUP TO LEASE 70,000 SQUARE FEET OF MEDICAL OFFICE SPACE IN ALLEN, TEXAS

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.   

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.