PM REALTY GROUP AWARDED LEASING ASSIGNMENT FOR ONE PARK TEN

HOUSTON, TX - PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced that it was awarded the leasing assignment for One Park Ten, an eight story, 163,000 square foot, class A office building located in Park Ten Place within the Katy Freeway submarket.
 
Recently acquired by Beacon Investment Properties, of Hallandale Beach, FL and a real estate investment and property development group, One Park Ten is located in the heart of the Energy Corridor and minutes away from Katy, the campuses of Shell, Conoco, Exxon Chemical, and BP, numerous restaurants, Memorial City Mall and Town and Country boutique shopping. The property features on-site professional management, card-key access, 24/7 guarded security and attached garage parking. Additionally, the building's convenient location allows easy access to I-10, Beltway 8 and Highway 6 and is perfectly positioned as an ideal office location.

"We are excited to continue to expand our relationship and portfolio with Beacon Investment Properties with the recent awarding of One Park Ten, our third leasing assignment within the Beacon portfolio," said Kim Grizzle, vice president of PMRG and lead leasing manager. "We are in the business of achieving aggressive results for our clients."
 
With the addition of One Park Ten, PMRG's central division now leases approximately 475,000 square feet of office space for Beacon Investment Properties. The 4-building portfolio includes 8866 & 8876 Gulf Freeway located off I-45 in the Gulf Freeway/ Pasadena submarket, and Timberway II, located at 15995 N. Barkers Landing in Houston's Energy Corridor submarket.
 
"Our growing leasing portfolio in Houston illustrates the core of PM Realty Group's operating strategy-to grow 'with' our clients and provide them with specialized services every step of the way," said Wade Bowlin, executive vice president and managing director with PMRG. "Relationships are critical in a soft market and as our portfolio continues to grow, we continue to produce consistent results for our clients."

For leasing information contact Kim Grizzle, vice president, kgrizzle@pmrg.com (281) 265-9287 or Mike Martin, vice president, mrmartin@pmrg.com (713) 209-5710 of PM Realty Group. Visit www.beaconportfolio.com to view details on the properties.

About Beacon Investment Properties

About Beacon Investment Properties Beacon Investment Properties LLC is based in Hallandale Beach, Florida with an additional office in Houston, Texas. The company engages in the investment and development of real estate properties in Florida and Texas. It sells and leases commercial properties, including industrial warehouses, office and medical buildings, and retail and rental apartment buildings. Beacon Investment Properties is committed to achieving excellence in its performance in order to accomplish success. For additional information, go to www.beaconri.com, or visit Houston office at 1717 St. James Place.

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.