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

Sep 26, 2016

PMRG WINS MANAGEMENT ASSIGNMENT OF TEN 10TH STREET OFFICE BUILDING IN ATLANTA

Union Investment to invest significant capital to renovate the lobby and common areas of the building.

Ten 10th St Atlanta

 

ATLANTA, GA, September 26, 2016 – PMRG announced today it has been tapped by Union Investment, a leading international  investment company based in Hamburg, Germany, to handle management at Ten 10th Street, a 14-story, 421,417 square foot, Class A office building in the Midtown submarket of Atlanta. Union Investment has plans to invest significant capital to renovate the lobby and common areas of the building.

Bill Weghorst and Julie Motsinger will oversee the asset, and Michael McLean has been selected as General Manager to manage the daily operations at Ten 10th Street. “PMRG is thrilled to have the opportunity to partner with Union Investment.  We take tremendous pride in identifying cost saving opportunities and have a proven history of adding value to our properties,” said Bill Weghorst, PMRG Executive Vice President and Managing Director.”

Ten 10th Street is ideally located just minutes from the I-75/85 freeway and Midtown MARTA station, providing convenient access to neighboring communities.  The building is walking distance to abundant retail, restaurant, hotel, and cultural amenities.  Ten 10th Street is currently 92% leased to a desirable tenant mix including Google, Jacobs Engineering, FDIC, EMC and Stanley Black & Decker.  

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.