- PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced that it was awarded the exclusive leasing assignment for Village Overlook I (17,848 RSF) and II (17,602 RSF), a two-building medical office property totaling 35,450 RSF in Stockbridge/North Clayton/ Airport Submarket.
Owned by KBS Realty Advisors
, one of the nation's largest buyers of commercial real estate and structured debt investments, Village Overlook I and II are undergoing extensive renovations to the interior and exterior including the landscaping. Village Overlook I & II are opportunely located off of GA highway 138 between I-675 and I-75 and offers unbeatable access to the three major avenues of transportation within the market. Amenities include over 15 restaurants, eight hotels, and numerous shops all within a mile. Village Overlook I and II are also located in close proximity to the Henry Cloud Medical Center (one exit away).
KBS Realty Advisors has created six institutional commingled funds and nineteen separate accounts with public and corporate pension funds and sovereign wealth funds for strategic real estate investments.
PMRG's David Tyler, Vice President of Leasing, and Bill Weghorst, Senior Vice President/Director of the Atlanta Region, will lead the office leasing efforts.About KBS Realty Advisors
Founded by Peter Bren and Charles J. Schreiber, Jr. in 1992, KBS is one of the nation's largest buyers of commercial real estate and structured debt investments, having completed more than $18 billion in transactional volume since its inception. In October 2010, KBS was ranked by Pensions & Investments among the largest real estate managers in the nation. KBS has a strong reputation in the industry for efficient and timely closing on large and complex transactions in the office, industrial, multifamily and retail sectors. KBS also originates and acquires debt positions collateralized by stabilized and value-added properties.