Press

PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002
MEDIA CONTACT:
Whitney Williams
Marketing & Communications Manager
PMRG
(713) 209-5935

May 15, 2007

PM REALTY GROUP ASSISTS CLINPHONE IN EXPANDING ITS PRESENCE IN SOUTHERN CALIFORNIA

IRVINE, CA - Officials with PM Realty Group (PMRG), a nationwide, full-service commercial real estate firm, today announced the company has assisted ClinPhone in renewing and expanding its lease in Orange County, Calif. 

A clinical technology company, ClinPhone will occupy 22,000 square feet under a new 5-year lease. ClinPhone recently acquired DataLabs, which previously occupied 10,200 square feet of space in 101 Academy Drive within University Research Park, a 185-acre complex located in Irvine, Calif. With the ClinPhone expansion, the building at 101 Academy Drive is now 100 percent leased. University Research Park's reputation as a regional advanced technology center has attracted technology-based tenants, such as America Online, Cisco Systems and Skyworks. 

ClinPhone delivers innovative technologies that streamline the clinical trials process for the pharmaceutical industry. Based in the United Kingdom, the company plans to double the size of its California office, creating the need for additional space.  

About PMRG

PMRG merged operations with Madison Marquette in June 2018 to create a new leader in commercial real estate. The firm offers PMRG’s leasing, property management, investment management and development services, combined with Madison Marquette’s specialized development, investment and marketing expertise. Madison Marquette’s strength in retail and mixed-use assets joins PMRG’s office, medical, industrial and multi-family capabilities to provide national leadership across asset classes. PMRG’s dominance in the southern US combines with Madison Marquette’s presence in primary gateway markets on both coasts to serve the top institutional owners and investors in the industry. The company provides leasing and management services to a diverse portfolio of 330 assets in 24 states and manages an investment portfolio valued at over $6 billion. The combined company is headquartered in Washington, DC with a major presence in Houston, TX. With 600 professionals in 12 regional markets, the merged firm is a member of the Capital Guidance group of companies.