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

Jun 1, 2015

PM REALTY GROUP COMPLETES TWO LEASES AT NEWPORT BEACH OFFICE BUILDING

NEWPORT BEACH, CALIF., June 1, 2015 – PM Realty Group (PMRG), a nationally recognized, full-service commercial real estate firm, today announced that it has completed two leases at 1401 Dove Street, a six story, Class A office building in Newport Beach, California.  Oliver Fleener of PMRG represented the landlord, FarWest Industries in each lease.  Fleener is responsible for marketing the property for lease which currently has immediate availability for users ranging from 1,500 to 10,000 square feet.

Unitek Information Systems, a leading provider of post-secondary healthcare education and short-term EMT and IT training, signed a lease for 3,361 square feet of space.  This is the company's first location in Orange County.  Phil Christian of CBRE represented Unitek in the lease.

Practical Dental Solutions, an information technology company for the dental industry, signed a lease for 1,654 square feet of space.  This new lease represents a relocation for the firm.  Chris Shea of NAI Capital represented Practical Dental Solutions in the lease.

Built in 1974, renovated in 1994 and again in 2008, 1401 Dove is ideally located in the heart of the Newport Beach business district and neighbors the cities of Irvine and Costa Mesa. The building offers easy access to the 5, 73 and 55 freeways and is just minutes away from major regional transportation hub John Wayne Airport.  1401 Dove is located in close proximity to the area's many recreational and entertainment options and rich pool of amenities.

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.