GEORGE LIPSCOMB JOINS PMRG AS SENIOR VICE PRESIDENT, OPERATIONS DIRECTOR

ATLANTA, GA - PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced that George Lipscomb has joined PMRG as Senior Vice President and Operations Director for its Eastern Division. Mr. Lipscomb will oversee all operations (management and engineering) including service delivery, training, financial reporting, quality control and staffing of management business in markets including Boston, New Jersey, New York, Washington, DC, Charlotte, Atlanta and South Florida.

Lipscomb joins PMRG from Fifth Street Management Company where, as Chief Operating Officer, he oversaw all aspects of the company's third party management operations including maintenance and accounting. His extensive background in commercial real estate, including property management, accounting/finance and maintenance engineering, spans over 30 years and includes employment with notable companies such as Carter, Hines, Cousins Properties and PM Realty Group. Mr. Lipscomb has served prominent owners and institutions including Sumitomo, TIAA-CREF, Coca Cola, GE and BellSouth (now AT&T) and Southern Company.  His broad range of experience covers portfolios exceeding 17 million square feet of class A office buildings, multi-family properties, condominiums, and corporate facilities. 

"Over his 30-year career, George has consistently led and grown businesses, redefined corporate strategy and managed large, winning organizations," said Dave Parker, Executive Vice President and Managing Director of PMRG's Eastern Division. "His unique experience will enhance the strength, depth and breadth of PMRG's operations across the Eastern Division. I am confident that under his direction, our management team will continue to lead the way in productive (and respected) operations."

Mr. Lipscomb graduated from Tulane University with a BA degree in economics and earned an MBA from the Tulane University Graduate Business School.  He is a licensed CPA in the state of Georgia.

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.