Firm's Western Division Increases California Presence with New Assignment CHINO HILLS, CA
- PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced that Chino Hills (CA) - Peyton & Grand Syndicated Holdings, LLC awarded PMRG the property management assignment for The Shoppes at Chino Hills, a 380,000 square foot, class A lifestyle retail center located in Chino Hills, California. Developed in 2008 by Opus West Corporation, the lifestyle retail center is home to 80 retail and restaurant merchants including Jacuzzi Brands, H & M, Forever XXI, Barnes & Noble, P.F. Chang's, CA Pizza Kitchen, The Yard House, Banana Republic, Hollister, Trader Joe's, Victoria's Secret and Wood Ranch.
PM Realty Group was also awarded the property management assignment for The Commons at Chino Hills, a 160,000 square foot power retail center located on 30 acres and owned by Chino Hills (CA) - Chino Hills Parkway Syndicated Holdings, LLC. In addition to Toys/Babies R Us, BJ's Restaurant, Pei Wei, Lucille's BBQ and Corner Bakery, the project also includes a Lowe's Home Improvement Center and Ayers Hotel.
"We are excited to partner with a number of well-known national and regional banks to stabilize the projects and position them for sale. This sizable assignment further distinguishes our standing within the marketplace," Proehl said.
This assignment will come under the leadership of Richard A. Jones, general manager, and John Rowen, senior vice president of operations and engineering services PMRG's western division. John brings to PMRG over 40 years of commercial real estate experience with a variety of product types including commercial, retail, medical and industrial properties.