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

Feb 10, 2010

PM REALTY GROUP AWARDED PROPERTY MANAGEMENT ASSIGNMENT FOR THE SHOPPES AT CHINO HILLS AND THE COMMONS AT CHINO HILLS

Firm's Western Division Increases California Presence with New Assignment

 
CHINO HILLS, CA - PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced that Chino Hills (CA) - Peyton & Grand Syndicated Holdings, LLC awarded PMRG the property management assignment for The Shoppes at Chino Hills, a 380,000 square foot, class A lifestyle retail center located in Chino Hills, California. Developed in 2008 by Opus West Corporation, the lifestyle retail center is home to 80 retail and restaurant merchants including Jacuzzi Brands, H & M, Forever XXI, Barnes & Noble, P.F. Chang's, CA Pizza Kitchen, The Yard House, Banana Republic, Hollister, Trader Joe's, Victoria's Secret and Wood Ranch.

PM Realty Group was also awarded the property management assignment for The Commons at Chino Hills, a 160,000 square foot power retail center located on 30 acres and owned by Chino Hills (CA) - Chino Hills Parkway Syndicated Holdings, LLC. In addition to Toys/Babies R Us, BJ's Restaurant, Pei Wei, Lucille's BBQ and Corner Bakery, the project also includes a Lowe's Home Improvement Center and Ayers Hotel.

"We are excited to partner with a number of well-known national and regional banks to stabilize the projects and position them for sale. This sizable assignment further distinguishes our standing within the marketplace," Proehl said.

This assignment will come under the leadership of Richard A. Jones, general manager, and John Rowen, senior vice president of operations and engineering services PMRG's western division. John brings to PMRG over 40 years of commercial real estate experience with a variety of product types including commercial, retail, medical and industrial properties.

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.