X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEWPORT BEACH, CA-TMW Real Estate, on behalf of U.S. Property Fund GmbH & Co. K.G., has awarded the exclusive property management, construction management, and co-leasing assignments for the La Jolla Executive Tower to PM Realty Group.

Located in La Jolla, the 227,570-sf building is a 16-story office tower that is 80% occupied. Major tenants in the property are [email protected] Inc., GMAC Mortgage and First National Bank.

“This assignment signifies the continued growth of our property management presence in Southern California and further demonstrates our focus on detail and consistency of building management procedures,” says Jim Proehl, SVP and director of PM Realty Group’s Western Division. “We look forward to our expanded relationship with TMW Real Estate and achieving their short-term and long-term objectives with their assets.”

Proehl will direct the property management team on the project and Peter Italiano, VP for Southern California will lead the team.

Founded in 1954, PM Real Group with divisional offices in Houston, Chicago, and Newport Beach, conducts business in almost all 50 states.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.