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

Jul 24, 2015

ABILENE CHRISTIAN UNIVERSITY CAMPUS TO OPEN IN ADDISON

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 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.