FOR IMMEDIATE RELEASE
May 30, 2013
PM REALTY GROUP SECURES LEASING ASSIGNMENT AT PARKWAY 400, BUILDINGS ONE AND TWO
ATLANTA, GA - PM Realty Group (PMRG), a nationally recognized, full-service commercial real estate firm, today announced that it has secured the leasing assignment for Parkway 400, Buildings One and Two, located at 11720 and 11800 Amberpark Drive. The upscale office park is located in Atlanta's exclusive Alpharetta neighborhood, home to the area's most upscale residential developments. PMRG's Chip Roach and Stephen Clifton will be leasing Parkway 400, Buildings One and Two.
"Parkway 400's location is extremely appealing to tenants looking for a pedestrian-friendly experience in the heart of one of Atlanta's most beautiful neighborhoods," said Bill Weghorst, PMRG's EVP and Managing Director of its Southeast Division. "The office building is just a stone's throw away from what will be best-in-class retail, restaurants, housing and entertainment facilities, while offering in-house amenities such as a fitness center and a beautiful park-like campus."
Parkway 400 is comprised of two office buildings totaling 193,281 square feet. Individual office spaces range from 1,600 to 45,819 square feet. Both the two-story Parkway 400 Building One and the six-story Parkway 400 Building Two were constructed to the highest standards in terms of systems and finishes, and face a common landscaped courtyard featuring a central green space and walking paths.
The property is situated on the southwest quadrant of Old Milton Highway (SR-120) at Georgia 400, and provides convenient access to Westside Parkway. The buildings are located directly across the street from the Avalon development, a $600 million mixed-use, walkable community located on 86 acres and scheduled to open in the third quarter of 2014. Avalon has already secured leases with exclusive retailers such as C. Wonder, Tommy Bahama, Anthropologie, Cru Wine Bar, Mitchell Gold Bob Williams, Banana Republic, Arhaus and more.
Other nearby amenities include the Alpharetta City Center, a public/private mixed-use redevelopment in historic downtown offering retail, dining and entertainment facilities, Northpoint Mall, and the VW Amphitheatre at Encore Park, which serves as the summer home of the Atlanta Symphony Orchestra.
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