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

Jul 24, 2015


PM Realty Group completes long-term lease with national leader in Christian higher education

DALLAS, TEXAS, July 24, 2015 – Abilene Christian University (ACU), a national leader in Christian higher education, announced that it has signed a long term lease for 25,000 square feet of office space at One Hanover Park, an eight-story, 195,894 square foot Class A office building located at 16633 North Dallas Parkway in Addison in the greater Dallas/FW metroplex.  

PMRG's team of Executive Vice President Kurt Cherry, Leasing Manager Brittany Ricketts and Vice President of Leasing Shea Byers handled the deal internally for the firm. ACU was represented by Holden Lunsford and James Engels of Holt Lunsford Commercial.

“We are excited to be expanding our presence in the Metroplex and so appreciative of the enthusiasm we already are receiving from students in the region," said ACU president Dr. Phil Schubert. “By offering ACU's distinctive brand of Christian higher education, we will fill an important need in the marketplace and become a real asset to the community.”

Dr. Schubert went on to say "the new location will provide a broad group of adult, non-traditional students and the university's sizable alumni base in DFW with convenient access to high-quality graduate degrees such as a new doctorate (Ed.D.) in organizational leadership and an MBA."

"The Dallas-Fort Worth metropolitan area has added an astonishing 117,800 jobs in the trailing 12-months ending June 2015 prompting vibrant demand for quality office space," said Cherry.  "One Hanover provides businesses with the opportunity to be located in a Class A building in one of the premier areas of the region."

Built in 1998, One Hanover is prominently located along the Dallas North Tollway, providing convenient access to neighboring communities. The property offers superior accommodations and an adjoined three-level parking garage. The strategic location of the building allows convenient access to the area’s strong amenity base including Beltline’s Restaurant Row, Galleria Dallas and The Shops at Willow Bend. One Hanover is 96% percent occupied and offers quality, highly efficient floor plates that average approximately 25,000 square feet. One Hanover has immediate availability for users ranging from 2,000 to 3,000 square feet. (might consider removing this sentence 

About Abilene Christian University

Founded in 1906 and located in Abilene, Texas, ACU is a national leader in Christian higher education and a place where students, faculty, staff and alumni are committed to making a real difference in the world.

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.