PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002
MEDIA CONTACT:
Kristen Burney
PMRG | PM Realty Group
(713) 209-5910
kburney@pmrg.com

FOR IMMEDIATE RELEASE

Nov 5, 2007

PM REALTY GROUP AWARDED PROPERTY AND CONSTRUCTION MANAGEMENT OF PROVIDENCE CENTER IN FULLERTON, CALIF.

FULLERTON, CA - PM Realty Group (PMRG), a nationwide, full-service commercial real estate firm, has been awarded the property management and construction management of Providence Center by Accretive Laguna Partners.

Located at 1950 Sunnycrest Drive in Fullerton, Calif., the three-building complex is comprised of an 85,000-square-foot medical office building, a 22,000-square-foot medical condo building and an 8,000-square-foot retail building. Providence Center is adjacent to St. Jude Medical Center and was completed this summer. Tenants include Medical Center for Women, Lindora and Peets Coffee. 

"The North Orange County has seen little or no new development, especially in the vicinity of St. Jude Medical Center," said Carol Ruggero, Chief Financial Officer for Accretive Realty Advisors, Inc. "With more than 15 years of experience in Class A medical office buildings, we are confident PM Realty Group will succeed in creating value for our tenants and for Providence Center though superior customer service and property enhancements." 

The PMRG management team for Providence Center includes Executive Vice President and Managing Director Jim Proehl (account executive); Senior Vice President John Rowen (operations and engineering); Vice President Carolyn Killion (property operations); Vice President John Sterling (construction management); Property Manager Cindy Dowling (property management); and Senior Vice President and Controller Mike Muller (accounting and reporting). 

About PM Realty Group

Headquartered in Houston, Texas, PM Realty Group (PMRG) is one of the nation’s leading real estate companies focusing on comprehensive property services, development and acquisitions. With a strategic presence in 30 markets, PMRG provides the highest quality services to its clients and investors. PMRG’s clients and investors include large financial institutions, advisors and high net worth individuals. By capitalizing on the team’s experience and expertise, PMRG has the ability to undertake large and challenging management, leasing, development and acquisition projects.

PMRG’s portfolio, including projects managed for third parties, includes commercial office buildings, mixed-use centers, corporate headquarters, industrial buildings, medical facilities, high-rise multifamily buildings and re-appropriated military facilities.

Our goal is to generate exceptional returns for our clients and investors by focusing on real estate fundamentals. For additional information, visit www.pmrg.com.