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

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 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.