PM REALTY GROUP OPENS BOSTON OFFICE

 
BOSTON, MA - PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced the official opening of the Boston, MA office.

The newest PMRG office recently opened its doors in Hudson, MA with the launch of the Hackman Capital portfolio in the eastern division which consists of 12 million square feet of industrial and office properties. PMRG will provide various real estate services to include pre-development, asset and property management, leasing, construction management and engineering.

Senior Vice President and Director of the Northeast region Mark Chapman will lead a team of 12 to serve the Hackman portfolio as well as current and future clients. Chapman comes to PMRG from Lehman Brothers where he served as Vice President and Director of REO. Prior to Lehman Brothers, Mr. Chapman served as Vice President and Regional Manager at AMB Property Corporation where he oversaw the firm's portfolios in the New York, New Jersey, Boston and Charlotte markets.

In his new role, Mr. Chapman will be responsible for expanding PMRG's national platform, including delivery of strategic services, consulting, facilities management, transaction management, and project management services.

"The opening of the Boston office is part of the company's strategic expansion plan for the eastern division and is in direct response to market demand. We believe that PMRG's expansion and operating expertise will significantly increase the profitability of the Hackman Capital portfolio and that this expertise will benefit other clients with New England assets as well. Invariably, our management practices uncover ways to reduce property related expenses which, in turn, increases the number of tenant renewals to the benefit of ownership" says Dave Parker, executive vice president and managing director of the eastern region.

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.