FOR IMMEDIATE RELEASE
May 16, 2007
PM REALTY GROUP BROKERS SALE OF NEARLY HALF-MILLION SQUARE FEET OF PROPERTY IN DENVER MARKET
ENGLEWOOD, CO - Officials with PM Realty Group (PMRG), a nationwide, full-service commercial real estate firm, today announced the company has brokered the sale of two properties in Englewood, Colo., a southeast suburb of the Denver metropolitan area, totaling more than 460,000 square feet.
PMRG represented T&S Partners and Adler Realty Investments, Inc. in the transactions. PMRG represented T&S Partners in the sale of 55,250 square feet of property in Englewood Industrial Park. The one-story building is located on nearly three acres of land at 3200-3250 South Zuni Street and is used for manufacturing warehouse functions.
PMRG represented Adler Realty Investments, Inc. in the sale of 408,800 square feet of land in Inverness Business Park. Located on Inverness Drive South, the property comprises nearly 9½ acres. While currently vacant, the land is zoned for office space or light industrial use.
PMRG Vice President of Investments Patrick Murray and Vice President Thomas Pritekel represented both clients in the transactions.
About PM Realty Group
Headquartered in Houston, PM Realty Group (PMRG) is a privately held real estate firm of more than 1,300 employees and 21 divisional and regional offices that conducts business in every major state.
With more than 50 years of experience, PMRG provides services to a portfolio valued in excess of $30 billion. The firm’s diversified client base includes institutional and private investors, real estate investment trusts, government agencies, corporations and healthcare service providers.
PMRG focuses on creating value for its clients and offers a full spectrum of real estate services, including property and facility management, leasing, marketing, investment sales, construction management and engineering. In addition, PMRG partners with clients in comprehensive development and joint venture investment programs.