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

Nov 28, 2012

KBS CAPITAL ADVISORS AWARDS PM REALTY GROUP PROPERTY MANAGEMENT AND LEASING ASSIGNMENT FOR POWERS FERRY LANDING EAST

ATLANTA, GA - PM Realty Group (PMRG), a nationally recognized, full-service commercial real estate firm, today announced that it was awarded the property management and leasing assignment for Powers Ferry Landing East, a KBS Capital Advisors (KBS) owned commercial office complex. The trio of six-story office buildings total approximately 400,000 square feet and are located along Interstate 285 at Northside Drive in Sandy Springs, which is considered one of the city's most desirable office locations.

PMRG's leasing team consists of Bill Weghorst, Dean Giordano and Zach Wooten, who bring more than 40 years of combined experience to the project. "Our engagement at Powers Ferry Landing is very exciting and creates another unique opportunity to add value for KBS in Atlanta," said Bill Weghorst, Executive Vice President and Director of Leasing within PMRG's Southeast Region. "The development's attractive location, combined with our leasing teams' turnaround experience with this type of project, presents a great opportunity for both KBS and PMRG."

It is KBS's objective to completely transform this well-located project into a modern office park to meet the changing needs of corporate America. Once renovated, the office park will offer a 5/1,000 RSF parking ratio, on-site conference center with video conferencing capability, two restaurants, a fitness center along with on-site property management.  The office park has easy access to not only numerous restaurants, banking, and hotels, but is also conveniently located near the Chattahoochee river park with over 15 miles of walking and biking trails.

About KBS Capital Advisors

KBS Capital Advisors is an affiliate of KBS Realty Advisors, a private equity real estate company and SEC-registered investment advisor founded in 1992. Since its inception, KBS Realty Advisors and its affiliated companies have completed transactional activity of approximately $25 billion via 14 separate accounts, six commingled funds, five sovereign wealth funds and five non-traded REITs. For information, visit www.kbscapital.com.

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.